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Hurricane Beryl Caused Estimated $2-3B in Insured Losses to U.S. Property: Verisk

Jul 19 2024 // Estimated industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between $2 billion to $3 billion, Verisk’s Extreme Event Solutions business unit said. Beryl made landfall...

Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk

Jun 20 2024 // Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion) to €3.6 billion (US$3.9 billion), according to Verisk, the data analytics and...

Verisk’s First-Quarter Profit Beats on Insurance-Focused Analytics Demand

May 2 2024 // Data analytics firm Verisk beat estimates for first-quarter profit on Wednesday, driven by strong demand for its products used by property and casualty (P&C) insurers to assess underwriting risks. WHY IT’S...

Tech Update: Verisk Launches Next Generation Catastrophe Models

Apr 8 2024 // Verisk, the Jersey City, New Jersey-based data analytics and technology provider, has launched a suite of next generation catastrophe models. Verisk’s suite of 100+ Next Generation Models (NGM) is designed to help...

Verisk’s Annual Profit Forecast Falls Short Amid Spending Uncertainty

Feb 26 2024 // Verisk Analytics forecast 2024 adjusted profit below market estimates last Wednesday, as the broader data and analytics industry grapples with worries that an uncertain economy would potentially trigger spending cutbacks...