Insurers are increasingly combining catastrophe models with proprietary research and underwriting judgement to build their ...

Verisk, a leading data analytics provider, has announced the release of the first catastrophe model designed to assess the financial impacts of strikes, riots, and civil commotion (SRCC) in the U.S.

The percentage of insurers in Bermuda purchasing little or no external catastrophe reinsurance decreased to zero per cent of respondents in 2023, the Bermuda Monetary Authority reported. The island’s ...

California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire risk and set ...

Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...

Verisk, a prominent data analytics and technology provider, has made a significant move toward enhancing California's property insurance market by becoming the first modeler to seek a review of its ...

BETHLEHEM, Pa.--(BUSINESS WIRE)--When researchers and graduate students at Lehigh University began planning a Workshop on Climate, Equity, and Resilience in Catastrophe Modeling, they had no idea the ...

Bermuda insurers still rely heavily on catastrophe models to manage risk, but uncertainty around climate impacts and claims inflation means that they cannot be fully trusted, according to the Bermuda ...

Ocean temperatures are already brushing record territory months before this El Niño is expected to peak, and researchers say ...

Lehigh University and Rice University have launched a bold new initiative—the Consortium for Enhancing Resilience and Catastrophe Modeling (CERCat)—bringing together researchers, industry leaders and ...