Japan’s Powerful Earthquake Estimated to Cost Insurers $2 Billion-$4 Billion: Verisk March 24, 2022 The powerful earthquake that jolted Japan’s northeast coast last week is expected to cause insured property losses between $2 billion...
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...
Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion September 16, 2021 Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics...
Insured Losses from Japan’s Typhoon Hagibis Estimated at $8B-$16B: AIR October 22, 2019 Insured losses from Typhoon Hagibis, which made landfall in Japan on Oct. 12, will be between 865 billion Japanese yen...
AIR Worldwide: Storms in Texas Brought Up to 600% of Long-Term Average Rain Amounts June 7, 2016 Catastrophe modeling firm, AIR Worldwide, reports that over the last several weeks, much of Texas has experienced 400 percent to...
Typhoon Neoguri Lashes Okinawa; Heads for Kyushu: AIR Report July 9, 2014 According to catastrophe modeling firm AIR Worldwide, Typhoon Neoguri made its closest approach to Japan’s southern Okinawa islands last night,...