JBA Risk Management News

One in Four UK Properties at Risk of Flood, New JBA Model Reveals

One in four UK properties are at risk of flood, according to new analysis from JBA Risk Management. The flood specialist’s new UK Flood Model, launched last week, also highlights an estimated annual cost of £527 million (US$712.7 million) to …

Flood Modeler JBA Collaborates With South African Broker, Reinsurance Solutions

JBA Risk Management Ltd. announced its collaboration with Reinsurance Solutions Intermediary Services (RSIS), an African-based reinsurance broker that will use the JBA global flood modeling capability to provide flood risk analytics and catastrophe modeling services for its insurance clients across …

JBA Risk Management Launches Probabilistic Global Flood Model

The global leader in flood risk management, JBA Risk Management, launched the first probabilistic global flood model, which allows re/insurers to model river and surface water flood at 30 meters (98.4 feet) resolution worldwide. The Global Flood Model not only …

JBA Risk Management and FloodFlash Launch Parametric Flood Policy in UK

JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property exposures. The product is an industry first and will provide bespoke insurance for policyholders in frequently flooded areas who have …

JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap

JBA Risk Management has released its Sri Lanka Flood Model onto Simplitium’s ModEx platform. The initiative is specifically aimed at broadening accessibility to the Sri Lanka model for both the insurance and wider disaster risk reduction (DRR) community. The announcement …

JBA Risk Management Launches India Crop Model for Re/Insurers as El Niño Looms

JBA Risk Management (JBA), the UK-based modeling firm, has launched an India crop catastrophe model for the re/insurance market. More commonly known for flood maps and models, JBA collaborated with Chaucer through its office in Singapore to develop this probabilistic …

JBA Risk Management Releases High-Resolution Flood Maps for Florida

Flood specialist JBA Risk Management has rolled out its high-resolution flood maps and associated pricing data for the continental United States starting with the State of Florida. These new maps are designed to enable (re)insurers and others with an interest …

Update: U.K. Insurers Face Flood Claims up to $2.2B – with More Storms Ahead

Insurers are facing some of the costliest British floods on record as large parts of northern England, already inundated, brace for more heavy rain. Accountants estimate that insurers are currently facing a bill of up to 1.5 billion pounds ($2.22 …

JBA Releases Comprehensive UK Flood Model before Flood Re Launch

UK-based JBA Risk Management, a global provider of flood modelling services for insurers, reinsurers, and property or asset managers, announced the release of its “high resolution, multi-peril flood model of the UK to assist the insurance industry place household risks …