flood modeling News

JLT Re Partners with KatRisk to Expand Modeling Capability in Canada

JLT Re, the London-based reinsurance broker and consultancy, has combined forces with flood modeling company, KatRisk, to enhance its flood risk modeling capabilities for clients across Canada. Berkeley, Calif.-based KatRisk’s suite of flood risk modeling tools includes both flood inundation …

Sompo Canopius Partners with UK’s SSBN for US Flood Models, Hazard Maps

Sompo Canopius AG has entered into a license agreement with SSBN, which will provide it with flood models and hazard maps for the United States. SSBN works within the insurance sector, providing global flood risk analytics, which are based on …

CoreLogic Adds Probabilistic Flood Model to Risk Management Program

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 …

Guy Carpenter Launches G-CAT® Canada Flood Model

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 …

Aon Benfield’s Impact Forecasting Releases Model for Recent German Floods

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a scenario model for the recent German floods. The bulletin explained that by “using event footprints that outline the extent of the flood enables insurers to …