AIR Worldwide Launches Free COVID-19 Catastrophe Modeling Tool April 16, 2020 AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the...
Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re April 8, 2020 By L.S. Howard Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty...
A Tale of Two Californias: Managing Wildfire Risk in the Year 2030 February 6, 2020 By Chris Folkman For most of the 20th century, the insurance industry considered wildfires to be little more than a benign nuisance. They...
Insured Losses from Typhoon Hagibis Estimated at $7B-$11B: RMS November 1, 2019 Insured losses stemming from Typhoon Hagibis in Japan are estimated to range between US$$7 billion and $11 billion, according to...
Insured Losses from Typhoon Faxai Estimated at US$5 Billion to US$9 Billion: RMS September 30, 2019 RMS, the Newark, Calif.-based risk modeling and analytics firm, has estimated that the insured loss from Typhoon Faxai will be...
Japan Quakes to Cost Insurance Industry $2B-$3B Annually: Karen Clark & Co. August 30, 2019 For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a...
AIR Worldwide Releases Update of New Zealand Earthquake Model June 21, 2019 Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated earthquake model for New Zealand. This model...
When Cyber Attack Hit Norsk Hydro, It Was Already Handling a Major Upheaval: RMS April 9, 2019 By L.S. Howard When Norsk Hydro, one of the world’s largest aluminum producers, was hit by a major cyber attack in the early...
JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap February 19, 2019 JBA Risk Management has released its Sri Lanka Flood Model onto Simplitium’s ModEx platform. The initiative is specifically aimed at...
CoreLogic Expands Flood and Hail Solutions in Canadian Market November 9, 2018 CoreLogic, the Irvine, Calif.-based property data and analytics firm, announced it is expanding its Flood Risk Score and Weather Verification...