risk model

Verisk’s recent launch of its updated U.S. Tropical Cyclone model, delivered via the firm’s new cloud-native Synergy Studio platform, represents a major milestone built on years of deliberate work, and according to Gayatri Natarajan, SVP of Product Management, the extensive effort behind the release directly reflects the evolving demands of the complex risk landscape the […]

Verisk, the data analytics and technology provider, has announced a major update to its Tropical Cyclone Model for the United States, delivered through its new cloud-native Synergy Studio platform, providing a more realistic assessment of individual risk and portfolio exposure across insurance, reinsurance, and capital markets.

Catastrophe risk software provider KatRisk has acquired RED, a specialist provider of catastrophe models, including earthquake, flood, landslide, and wind risk models.

BirdsEyeView, the European Space Agency-backed insurtech specialising in natural catastrophe modelling and exposure management, has announced the launch of its enhanced Catastrophic Exposure and Risk Analytics platform, CERA®.

CyberCube, a specialist modelling firm for cyber risks and the third-party modelling agent for many of the cyber catastrophe bonds that have been issued so far, has announced a new CEO, with its Chief Growth Officer Chris Methven taking on the top role, as Pascal Millaire becomes a Senior Adviser to the company.

Catastrophe risk modeling specialist Karen Clark & Company (KCC) has strengthened its leadership team with the appointment of Deanne Nixon as Senior Vice President, who joins the firm from global climate risk coverage platform Arbol.

Schroders Capital’s insurance-linked securities (ILS) division has partnered with ETH Zurich, a public university in Zurich, Switzerland, to launch an industry-first independent research project that’s designed to enhance hurricane risk modelling for the ILS sector.

Moody’s has announced that it has launched its North America Severe Convective Storm HD Models, which according to the firm redefines the standard for assessing tornado, hail and wind risk.

As catastrophe risk models for assessing wildfires continue to advance, and as the industry experiences ongoing refinements in pricing and coverage through lessons learned from each new fire season, wildfire catastrophe bonds are anticipated to persist as a permanent and growing feature of the cat bond market, according to Acrisure Re.

Catastrophe risk modelling specialist Karen Clark & Company (KCC) has launched Version 3.0 of its US Winter Storm Model, which captures two types of winter storms: extratropical cyclones (ETCs) and Arctic air outbreaks.