risk model

At the ILS Bermuda Convergence 2026 conference today, Karen Clark, CEO and Co-founder of catastrophe risk modelling specialist Karen Clark & Company, urged the insurance-linked securities community and its investors to ask for alternative model views to be included in the deal flow that comes to market.

Interactive Brokers’ ForecastEx platform has partnered with Reask, the catastrophe modelling and climate analytics specialist, which will see Reask supply settlement data for its live hurricane contracts, enabling capital providers to enter and exit live catastrophe exposure in real time.

Catastrophe risk modelling specialist Karen Clark & Company (KCC), has launched a new version of its US Severe Convective Storm (SCS) model, incorporating a range of advancements that further strengthens the firm’s approach to quantifying losses from one of the weather perils driving a significant share of insured property losses across the country.

Arbol, the technology-led underwriter of parametric risk transfer, climate, and weather re/insurance business, has announced that it has launched an Innovation Unit, which is set to be led by Dr. Clement Atzberger, who has been appointed to the role of Chief Scientist.

Euler ILS Partners, the specialist Swiss insurance-linked securities (ILS) investment manager, has signed a multi-year agreement with Moody’s to utilise the firms catastrophe risk models, analytics and exposure datasets to support its underwriting, portfolio management and decision-making across ILS opportunities.

As billions of dollars continue to flow into new infrastructure such as AI data centres, the re/insurance industry will be forced to rethink traditional approaches to risk modeling, according to Arbol’s Sid Jha, who emphasises that data-driven solutions will play a critical role in managing climate volatility and boosting resilience.

Karen Clark & Company (KCC), the catastrophe risk modelling specialist, has launched RiskInsight® 4.16, the latest version of its RiskInsight open loss modeling platform, which introduces advanced performance, automation, and scalability enhancements for insurers, reinsurers, and insurance-linked securities (ILS) managers.

The connectivity between risks in an increasingly complex world means their consequences can be amplified. As the insurance and reinsurance industry work to understand emerging risks, there’s a need to build the conviction and confidence of all stakeholders including capital providers, so risks can be effectively transferred, according to Moody’s CEO Rob Fauber.

A new study co-authored by catastrophe modelling and climate analytics specialist Reask, has demonstrated how advanced downstream forecast analytics can eliminate basis risk in parametric insurance by funding pre-landfall protective actions before a hurricane strikes.

Verisk, the data analytics and technology provider, has acquired McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specialises in global real-time catastrophe and conflict event analysis.