liability modeling News

Lloyd’s and modeling company Arium have launched a tool designed to enable insurers and reinsurers to model liability exposure probabilistically across their entire portfolios, Lloyd’s announced. “The new approach categorizes casualty events based on a company’s business activities – its …

Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, has acquired Arium, an independent company specializing in liability risk modeling and decision support. London-based Arium will become part of AIR Worldwide (AIR), a Verisk Analytics business, and will enable …