After Hurricane Harvey swept through Texas last August, it not only left behind nearly 50 inches of rain in some areas and an estimated $125 billion in damage, but questions for the insurance industry in terms of how to approach …
Praedicat said it has completed a $6 million, early-stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that prepare insurers and other companies for emerging or latent commercial risks. Frank …
CoreLogic, a residential property information, analytics and data-enabled services provider, has released an expanded version of its natural catastrophe risk management program, which features a probabilistic flood model to analyze the potential damage and financial impact at the property-level from …
Aon Benfield announced it has invested in an innovative catastrophe model to help marine and energy insurers more accurately assess their cargo risks. While there are plenty of catastrophe models in the non-marine sector, the marine and energy insurance industry …
Guy Carpenter launched its G-CAT® Canada Flood Model, which it describes as the first ever probabilistic flood model for Canada that enables insurers to assess their exposure to flood, Canada’s most frequently occurring natural hazard. Large areas of Canada experience …
Impact Forecasting, Aon Benfield’s catastrophe model development team, released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster events that occurred worldwide during March 2015. The report reveals that Windstorms Mike and Niklas swept …
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during October 2014. During the month, Cyclone Hudhud …
Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report in conjunction with the one-year anniversary of Superstorm Sandy. One of the issues the report looks at is why the storm …
As hurricane season approaches its peak, researchers at South Carolina’s Coastal Carolina University unveiled a new hurricane model program named after a massive Category 4 storm that smashed into South Carolina a quarter-century ago. Scientists say the model called Hurricane …
It was a doozy. Flying, biting killer sharks literally whipped into a frenzy by freak tornadoes wreaked havoc on Los Angelenos. The catastrophe played out on the Syfy Channel on Thursday night, lighting up Twitter as the top trend all …
