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Karen Clark

πŸ‘€ Speaker
45 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
How hurricanes became a hot investment

I guess so.

Planet Money
How hurricanes became a hot investment

I've been doing it for a long time, since 1987.

Planet Money
How hurricanes became a hot investment

But I do like to remind people I was a child prodigy and started when I was 10.

Planet Money
How hurricanes became a hot investment

Just so you canβ€”that's a jokeβ€”

Planet Money
How hurricanes became a hot investment

That, I can't answer that.

Planet Money
How hurricanes became a hot investment

Well, it's even more complicated because there are actually entities called retrocessionaires that reinsurers also reinsure.

Planet Money
How hurricanes became a hot investment

There was not much science underlying those decisions.

Planet Money
How hurricanes became a hot investment

There was not much analysis.

Planet Money
How hurricanes became a hot investment

This is where it was really rule of thumb.

Planet Money
How hurricanes became a hot investment

Then a portable computer weighed like 35 pounds or something, you know, carting this thing in.

Planet Money
How hurricanes became a hot investment

Putting it up, I had maybe 100 British men sitting in the audience that had never seen one of these before.

Planet Money
How hurricanes became a hot investment

Not only that, you haven't heard anything yet.

Planet Money
How hurricanes became a hot investment

I was a woman coming in, an American woman, and I was seven months pregnant at the time.

Planet Money
How hurricanes became a hot investment

Yes.

Planet Money
How hurricanes became a hot investment

And so I waddled in pulling this computer and started showing them how they were going to do better by using this little computer model.

Planet Money
How hurricanes became a hot investment

They were polite, you know, but there wasn't really any discussion.

Planet Money
How hurricanes became a hot investment

Maybe some were falling asleep, but... The room was dead.

Planet Money
How hurricanes became a hot investment

Well, you know, I'm pretty thick-skinned, so I was like, at least...

Planet Money
How hurricanes became a hot investment

Most of them were still awake at the end.

Planet Money
How hurricanes became a hot investment

The year was 1992.

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