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Risky Science Podcast

Risk Market News
Climate Change
Risk Modeling
Insurance
Natural Disasters
Catastrophe Modeling
Insurance Industry
Climate Risk Insurance
Windstorms
Flooding
Public-Private Partnerships
Socio-Economic Development
Severe Convective Storms
Prediction Markets
Modeling
Catastrophe Bonds
Life Insurance
War Gaming
Combat Modeling
Flood Risk
Kalshi

The Risky Science Podcast features conversations with scientists, insurers, investors, portfolio managers, and others about the evolving science of predicting and modeling risk across both natural and man-made perils.

PublishesWeeklyEpisodes27Founded7 months ago
Number of ListenersCategories
InvestingBusinessScience

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Latest Episodes

In this episode of the podcast, we speak with geopolitical risk expert Samuel Wilkin of Willis Towers Watson about why political risk is moving from a background concern to a front-line business problem. Sam breaks down the rise of “gray zone” attack... more

In our first episode of the New Year we are focusing on cyber risk in 2026, a peril that looks increasingly systemic, yet remains poorly understood when it comes to how losses actually materialize.

Over the past decade, cyber risk modeling has matur... more

In the last episode of Risky Science, we examined skepticism around climate-conditioned catastrophe models with Roger Pielke Jr.—questioning how much weight long-range climate assumptions should carry in near-term insurance and capital decisions.

To... more

Register for the January 8 Risky Science Podcast Live

In this episode, I’m joined by Roger Pielke Jr., a researcher known for his work on the use—and misuse—of models in risk and policy decisions. Pielke is a polarizing figure in climate research, p... more

Register here for the January 8 Risky Science Podcast Live

This week on the Risky Science Podcast, I’m joined by Dr. Phillip Mulder of the University of Wisconsin, co-author of a newly released research paper examining how these insurance pressures ... more

Our guest is Tim Boyce of TP ICAP, who has spent more than 25 years in financial markets,  from US-dollar swaps in London to commodities in Singapore, before returning to the UK to build out the firm’s European weather business.

Tim describes weathe... more

On today’s episode of the Risky Science Podcast, we’re stepping outside the usual finance lens and into a conversation that will push many of your assumptions about how risk, capital, and human health actually interact. Dr. Susan Erikson: medical ant... more

China was once seen as a vast, untapped frontier for global risk finance — drawing interest from New York to London. Yet a combination of geopolitical headwinds and trade tensions has cooled expansion plans for many executives hoping to grow their As... more

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Conversations with Tyler
Conversations with TylerMercatus Center at George Mason University

Recent Guests

Tim Boyce
Expert with over 25 years in financial markets and currently leading the weather derivatives business at TP ICAP.
TP ICAP
Episode: Weather, Risk & Europe’s Energy Upheaval with TP ICAP’s Tim Boyce
Dr. Susan Erikson
Professor at Simon Fraser University and expert in the political economy of health.
Simon Fraser University
Episode: Pandemics, Models and the Limits of Securitization with Dr. Susan Erikson
Jim Huang
Founder of Climate Hedge
Climate Hedge
Episode: Opening China’s Weather Risk Markets with climateHedge’s Jim Huang
Meyer Shields
A leading insurance analyst at KBW with extensive experience in the industry.
KBW
Episode: Sweet Earnings, Sour Investors and the Insurance Cycle Reset with KBW’s Meyer Shields
Dr. Hansi Singh
An Earth system scientist who leads the startup Planet AI and focuses on blending physics-based models and AI in weather forecasting.
Planet AI
Episode: Building Trust In AI-Driven Weather and Risk Models With Dr. Hansi Singh
Dr. Paul Wilson
Head of Catastrophe and Climate Research at Twelve Securis.
Twelve Securis
Episode: From Models to Markets and Future of Catastrophe Risk with Dr. Paul Wilson
Dr. Seth Baum
Executive Director of the Global Catastrophic Risk Institute and a member of the Cambridge University Centre for the Study of Existential Risk.
Global Catastrophic Risk Institute
Episode: AI, Climate, Catastrophe and Why Markets Need To Rethink Risk with Dr. Seth Baum
Shannon Magiera
Operations at Kalshi, with a background in meteorology.
Kalshi
Episode: Prediction markets and disrupting insurance with Kalshi's Shannon Magiera
Dirk Schmelzer
Partner at Plenum Investments with over 15 years of experience in catastrophe bonds and insurance-linked securities.
Plenum Investments
Episode: Climate, Correlation, and Cat Bond Investing with Plenum Investments’ Dirk Schmelzer

Host

Chris Westfall
Host of discussions surrounding the science of predicting and modeling risk across various sectors including climate and finance.

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Talking Points

Recent interactions between the hosts and their guests.

Weather, Risk & Europe’s Energy Upheaval with TP ICAP’s Tim Boyce
Q: What are the main drivers of demand for weather derivatives in Europe?
Demand is being driven by a combination of sectors, particularly energy and commodities, but also includes agriculture and retail as they seek to manage weather-related risks more effectively.
Weather, Risk & Europe’s Energy Upheaval with TP ICAP’s Tim Boyce
Q: What drove you into the weather derivatives market?
Tim Boyce was attracted to the weather derivatives market due to his desire for a new challenge and the potential for growth in an emerging sector.
Opening China’s Weather Risk Markets with climateHedge’s Jim Huang
Q: How did the education around weather derivatives go?
Many participants in the Chinese market had never heard of them and tend to exclude weather events from their policies, indicating a steep learning curve ahead.
Opening China’s Weather Risk Markets with climateHedge’s Jim Huang
Q: What do you think are the biggest structural and regulatory barriers for the market taking off?
The regulatory approval process is much longer in China, taking years as opposed to months which is typical in the U.S.
Cascading Risks And a Cascadia Mega Quake With Dr. Tina Dura
Q: What regions or communities along the Pacific Northwest coastline appear to be most vulnerable to these combined risks?
Southern Washington, northern Oregon, and Humboldt Bay in California are highlighted as particularly vulnerable areas due to their population density and geographical characteristics.

Audience Metrics

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Frequently Asked Questions About Risky Science Podcast

What is Risky Science Podcast about and what kind of topics does it cover?

Conversations often center around the evolving science and methodologies involved in predicting and modeling risks associated with both natural and man-made events. Frequent discussions include the intersections of climate change, financial markets, and catastrophe modeling. Episodes delve into specific sectors like insurance, investment strategies in climate risk, and the development of innovative modeling technologies, often featuring insights from experts across academia and industry. Notably, the content emphasizes the significance of interdisciplinary dialogue to address the complexities of global risks, especially in the context of evolving climate dynamics and their economic implications. Potential listeners could find this a valuabl... more

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1. Conversations with Tyler

How many episodes of Risky Science Podcast are there?

Risky Science Podcast launched 7 months ago and published 27 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Risky Science Podcast?

Recent guests on Risky Science Podcast include:

1. Tim Boyce
2. Dr. Susan Erikson
3. Jim Huang
4. Meyer Shields
5. Dr. Hansi Singh
6. Dr. Paul Wilson
7. Dr. Seth Baum
8. Shannon Magiera

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