Secondary Perils Responsible for Growing Share of Disaster Claims: RMS April 8, 2022 By L.S. Howard Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled...
Insurtech Descartes Partners With Modeling Firm Reask to Expand Parametric Cover February 28, 2022 Descartes Underwriting, the Paris-based parametric insurtech, has formed a partnership with Reask, the tropical-cyclone modeling firm. The partnership aims to...
Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk February 25, 2022 Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2...
Insurtech Reask Gets Funding to Deliver Next-Generation Natural Disaster Modeling January 20, 2022 Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed...
Karen Clark & Co. Releases Version 1.0 of U.S. Wildfire Model September 22, 2021 Karen Clark & Co. (KCC), the Boston-based catastrophe modeling company, announced it has released Version 1.0 of its high-resolution U.S....
People Moves: Howden Names Willis’ Everling as CEO Netherlands, Corporate; Carpenter’s Christian to BMS Re; Aon Reins Hires TigerRisk’s Jackson in U.S. August 25, 2021 This edition of International/Reinsurance People Moves details appointments at three brokers: Howden, BMS Re and Aon with roles in the...
Louisiana Citizens Opens Search for Catastrophe Service Vendors January 19, 2021 By Newswire Request for Proposals Announcement Louisiana Citizens Property Insurance Corp. (“LCPIC”), has released a new request for proposals for vendors to...
AIR Worldwide Releases Updated Caribbean Cyclone and Earthquake Models July 30, 2020 Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Tropical Cyclone and Earthquake Models for the...
AIR Worldwide Releases Updated Earthquake Model for Australia July 27, 2020 Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for Australia. These updates were...
AIR Collaborates with Data Firm, Precisely, to Offer Int’l Address-Level Geocoding July 15, 2020 Catastrophe modeling firm AIR Worldwide announced that, as part of its Touchstone 2020 software release, clients now can access a...