Insured Losses from Typhoon Faxai Estimated at US$5 Billion to US$9 Billion: RMS September 30, 2019 RMS, the Newark, Calif.-based risk modeling and analytics firm, has estimated that the insured loss from Typhoon Faxai will be...
Japan Quakes to Cost Insurance Industry $2B-$3B Annually: Karen Clark & Co. August 30, 2019 For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a...
AIR Worldwide Releases Update of New Zealand Earthquake Model June 21, 2019 Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated earthquake model for New Zealand. This model...
When Cyber Attack Hit Norsk Hydro, It Was Already Handling a Major Upheaval: RMS April 9, 2019 By L.S. Howard When Norsk Hydro, one of the world’s largest aluminum producers, was hit by a major cyber attack in the early...
JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap February 19, 2019 JBA Risk Management has released its Sri Lanka Flood Model onto Simplitium’s ModEx platform. The initiative is specifically aimed at...
CoreLogic Expands Flood and Hail Solutions in Canadian Market November 9, 2018 CoreLogic, the Irvine, Calif.-based property data and analytics firm, announced it is expanding its Flood Risk Score and Weather Verification...
Willis Research Network Renews Partnership with Global Earthquake Model Foundation October 31, 2018 The Willis Research Network (WRN) announced it has renewed its partnership with the Global Earthquake Model (GEM) Foundation. The agreement...
AIR Worldwide and Capsicum Re Collaborate to Enhance Silent Cyber Models September 4, 2018 Catastrophe modeling firm AIR Worldwide (AIR) announced it is collaborating with reinsurance broker Capsicum Re to enhance the insurance industry’s...
New AIR Reinsurance Cat Modeling Software Estimates Insurer Loss Potential August 6, 2018 Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Re, a new catastrophe modeling software application designed...
AIR Releases New Reinsurance Catastrophe Modeling Software, Touchstone Re August 3, 2018 Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Reâ„¢, a new catastrophe modeling software application designed...