Risk modelling news

Reask, the catastrophe modelling and climate analytics specialist, has appointed Jo Williams as Head of Insurance Sales, as the firm looks to accelerate adoption across the reinsurance and insurance-linked securities (ILS) sectors.

As climate risk escalates, insurers and reinsurers are increasingly relying on catastrophe modelling to navigate uncertainty. For insurance-linked securities (ILS) managers, these tools go beyond guidance, they are foundational to underwriting discipline, portfolio construction, and investor capital protection, according to a new report from LGT ILS Partners.

Verisk, the data analytics and technology provider, has unveiled a first-of-its-kind catastrophe model designed to quantify the financial impacts of strikes, riots, and civil commotion (SRCC) in the United States.

Catastrophe risk modelling specialist Karen Clark & Company (KCC) has launched RiskInsight® Version 4.14, the latest version of its RiskInsight open loss modeling platform, which introduces advanced features and performance enhancements to support more precise risk analysis for insurers, reinsurers, and insurance-linked securities (ILS) managers.

Reask, the catastrophe modelling, climate analytics and data specialist, has announced that it has appointed Moody’s Joss Matthewman as its new Chief Revenue Officer, to help support the company’s next phase of growth.

Alex Mican, the former Head of PCS Global Strategy and Growth at Verisk, has now joined Moody’s in a role focused on insurance-linked securities (ILS) advisory and business development.

A new study by specialist manager of catastrophe bond and insurance-linked securities (ILS) funds, Plenum Investments, has revealed that a lower expected loss of a portfolio should not always be considered a key indicator of a fund’s level of risk, in comparison to other funds.

Moody’s Corporation has agreed to acquire CAPE Analytics, a provider of geospatial AI intelligence for residential and commercial properties across the United States, Canada, and Australia.

Through its corporate foundation, France-headquartered global reinsurance company SCOR is backing a climate prediction market initiative named CRUCIAL (The Climate Risk and Uncertainty Collective Intelligence Laboratory) that looks to produce collective expert forecasts of climate-related risks.

KatRisk, the catastrophe risk modelling software provider and the third-party risk modelling agency for the NFIP’s FloodSmart Re catastrophe bonds, has been acquired by Technosylva, a company focused on wildfire simulation modeling, risk analysis and operational response software solutions.