The two-year grant is scheduled to be announced tomorrow morning at the Bay Campus. It is one of the largest corporate research awards ever received by the university. It will finance the work of two oceanographers, Isaac Ginis and Lewis Rothstein, as well as two postdoctoral researchers and others. The grant comes from WeatherPredict Consulting Inc., an affiliate of RenaissanceRe Holdings Ltd., the world’s largest casualty reinsurer.
Ginis and Rothstein have done hurricane modeling in the past that is now used by the
She said the grant is significant because it is a lot of money and it will generate new findings that will be publicly available. Typically grants from private businesses have strict disclosure limitations, Moran said. “The company is interested in the knowledge, and there are no strings attached,” Moran said….
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