Aon Buys Mexico’s ERN, Expanding Its LatAm Catastrophe Modeling Capabilities November 14, 2022 Aon plc, the global professional services firm, expands its catastrophe modeling and consultancy capabilities in Latin America with the acquisition...
RMS Range of Insured Losses From Ian $53-$74B, ‘Best Estimate’ of $67B October 10, 2022 Catastrophe modeler RMS chimed in on Hurricane Ian with an estimate of private-market insured losses from the storm of $67...
Insured Damages From Hurricane Ian $31-$53B: CoreLogic October 10, 2022 Property data and analytics provider CoreLogic included new and updated projections of storm surge and flood losses for Hurricane Ian...
2022 North Atlantic Hurricane Season Halftime Report: The Quiet Before the Storm? August 17, 2022 By James Cosgrove With a few weeks to go until the North Atlantic Basin enters its most active period, now is a good...
Markets/Coverages: Aon Incorporates Climate Science Into European Flood Models June 30, 2022 Insurance broker Aon has incorporate the latest climate science into its Impact Forecasting’s European flood models to help enable insurers...
What Factors Could Drive Northern Hemisphere Tropical Cyclone Risk This Season? June 23, 2022 By James Cosgrove This content was recently published in the Blogs section of RMS’ website. It is republished here with permission. With June...
‘The Phones Started Ringing Right Away’: Cat Modeling Pioneer Karen Clark Recalls Hurricane Andrew June 1, 2022 By Chad Hemenway At the start of the 2022 Atlantic hurricane season, Insurance Journal spoke with Karen Clark, founder of two catastrophe modeling...
Secondary Perils Responsible for Growing Share of Disaster Claims: RMS April 8, 2022 By L.S. Howard Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled...
Insurtech Descartes Partners With Modeling Firm Reask to Expand Parametric Cover February 28, 2022 Descartes Underwriting, the Paris-based parametric insurtech, has formed a partnership with Reask, the tropical-cyclone modeling firm. The partnership aims to...
Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk February 25, 2022 Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2...