In late May 2026, Verisk Analytics expanded its catastrophe risk capabilities by updating its U.S. Tropical Cyclone model on the Synergy Studio platform and adding KatRisk’s multi-peril models to the ...
GCube to use Renew Risk’s cutting-edge catastrophe risk model software for offshore wind assets to offer more tailored and competitive pricing Renew Risk’s ground-breaking models consider a broad ...
Integrates advances in climate science, hazard, and vulnerability to improve how tropical cyclone risk is assessed Provides a more realistic ...
The combined technologies will provide (re)insurers and brokers with access to wider views of risk, facilitating global resilience for individuals, communities and businesses BOSTON and NEW YORK, ...
Insurance Asia on MSN
Climate losses expose limits of traditional risk models, BCG says
Insurers are increasingly using AI-based systems that allow risk assessment at the property level. Traditional catastrophe models are becoming less effective for insurance underwriting and pricing as ...
Hiscox has partnered Bellwether, a team at X, Alphabet’s Moonshot Factory, to introduce a new approach to wildfire modelling for the Californian insurance market. The collaboration involves Hiscox ...
Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many ...
Opening an insurance renewal notice and spotting a higher premium can feel like a punch to the wallet. Many drivers assume an ...
At its core, pay-as-you-go car insurance promises a fairer proposition: you pay for exactly what you use and how you operate ...
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