About
Reask is a specialized climate risk intelligence platform focused on tropical cyclone analytics for (re)insurers, ILS investors, financial markets, corporates, and governments. The platform offers three tightly integrated solutions that together cover every decision timeframe in tropical cyclone risk management. DeepCyc delivers climate-adjusted risk views using millions of synthetic events conditioned on current and projected climate states, supporting seasonal patterns, ENSO effects, and warming scenarios from 1.5°C to 3°C+. LiveCyc provides probabilistic wind and rainfall forecasts refreshed up to four times daily as storms approach landfall, enabling multi-scenario analysis, parametric contract triggering, and confident response mobilization. Metryc reconstructs precise hazard footprints for any historical or current tropical cyclone, delivering best-guess and percentile outputs with full terrain correction for loss validation, portfolio impact assessment, and model calibration. Beyond the core products, Reask offers a no-login tropical cyclone alert system that delivers 1 km windfield forecasts via email for CAT 1+ storms threatening selected global regions. The platform's physics-based models incorporate real-time climate signals—including El Niño dynamics and ocean temperature trends—making risk views genuinely responsive to today's climate rather than historical averages alone. Reask is purpose-built for risk professionals who need defensible, auditable data for pricing, hedging, parametric insurance structuring, and climate-adjusted portfolio management. Swiss Re Corporate Solutions cites Reask as a trusted cornerstone for its global parametric insurance offering.
Key Features
- DeepCyc: Climate-Adjusted Risk Modelling: Generates millions of synthetic tropical cyclone events conditioned on current and future climate states, supporting warming scenarios from 1.5°C to 3°C+ and seasonal patterns like El Niño.
- LiveCyc: Real-Time Probabilistic Forecasting: Delivers probabilistic wind and rainfall forecasts updated up to four times daily as tropical cyclones approach landfall, supporting parametric trigger evaluation and rapid response decisions.
- Metryc: Precise Hazard Reconstruction: Reconstructs detailed hazard footprints for any tropical cyclone with best-guess and percentile outputs, full terrain correction, and support for loss validation and model calibration.
- Tropical Cyclone Early-Warning Alerts: Sends early-warning emails with 1 km resolution windfield forecasts when a CAT 1+ storm threatens selected regions globally, requiring no platform login.
- Dynamic Climate Risk Views: Risk models continuously adjust to evolving climate signals—ocean warming, ENSO states, and long-term trends—ensuring portfolio risk views reflect current conditions rather than static historical baselines.
Use Cases
- Climate-adjusted portfolio management: (re)insurers use DeepCyc to obtain an independent, science-backed view of tropical cyclone risk that reflects current warming trends and seasonal climate patterns.
- Parametric insurance pricing and triggering: risk professionals use Reask hazard data to structure, price, and automatically trigger parametric covers tied to objective wind speed or rainfall thresholds.
- Real-time event response and early loss estimation: underwriters and claims teams use LiveCyc and Metryc during and after storm events to validate losses, estimate portfolio impacts, and communicate with cedants faster.
- ILS and capital markets risk assessment: ILS investors use climate-conditioned synthetic event sets to stress-test catastrophe bond portfolios against current and projected tropical cyclone activity.
- Government and corporate climate resilience planning: organizations with infrastructure or operations in cyclone-prone regions use Reask's climate scenario data to quantify physical climate risk under 1.5°C–3°C+ warming trajectories.
Pros
- Physics-Based, Defensible Models: Unlike purely statistical approaches, Reask's physics-based modelling provides auditable, scientifically defensible outputs that satisfy regulatory and counterparty scrutiny in insurance and financial markets.
- Trusted by Industry Leaders: Swiss Re Corporate Solutions and other top-tier (re)insurers rely on Reask data for parametric insurance and portfolio management, validating its accuracy and reliability at scale.
- Full Decision-Timeframe Coverage: A single integrated platform covers real-time event response (LiveCyc), post-event reconstruction (Metryc), and long-horizon climate scenario modelling (DeepCyc), eliminating data-source fragmentation.
- Climate-Adaptive Risk Intelligence: Models evolve with the climate in near-real time, ensuring that seasonal anomalies and long-term warming trends are reflected in current risk views rather than lagged into the next model cycle.
Cons
- Narrow Industry Focus: The platform is purpose-built for (re)insurance, ILS, and financial risk professionals. Organizations outside these sectors will find limited direct applicability.
- No Self-Serve Access: All product access requires requesting a demo, suggesting enterprise-only pricing and onboarding with no public free tier or self-service trial available.
- Tropical Cyclone Scope Only: Reask's current product suite focuses exclusively on tropical cyclones, leaving other perils such as floods, earthquakes, and winter storms outside its coverage.
Frequently Asked Questions
What types of organizations use Reask?
Reask serves (re)insurers, ILS investors, financial markets participants, corporates with weather-exposed assets, and government agencies that need defensible tropical cyclone hazard and risk data.
How does DeepCyc differ from traditional catastrophe models?
DeepCyc conditions synthetic event sets on current and future climate states—including ENSO phases and warming levels up to 3°C+—so risk views dynamically reflect today's climate rather than a fixed historical baseline used by most traditional cat models.
Can Reask data be used to trigger parametric insurance contracts?
Yes. LiveCyc's probabilistic forecasts and Metryc's precise event footprints are specifically designed to support parametric insurance pricing and automatic contract triggering, as demonstrated by Swiss Re Corporate Solutions' global parametric offering.
How frequently is LiveCyc data updated during an active storm?
LiveCyc forecasts are updated up to four times daily as a tropical cyclone approaches landfall, providing near-real-time scenario analysis for event response and loss estimation.
How do I get access to Reask's platform?
Access is granted via a demo request through the Reask website. There is no public self-serve sign-up; onboarding is handled directly with the Reask team to configure data delivery and integrate with your workflows.
