catastrophe model News
Aon Teams With University of California to Enhance Wildfire Modeling
Aon plc announced that its Impact Forecasting team will be collaborating with the University of California, Merced and the University of California, Los Angeles to implement the latest climate change ...
Markets/Coverages: Aon Incorporates Climate Science Into European Flood Models
Insurance broker Aon has incorporated the latest climate science into its Impact Forecasting's European flood models to help enable insurers to access more accurate loss estimates to help make better ...
Praedicat, AIR Worldwide Announce Updates
In separate announcements, InsurTech Praedicat and Verisk's catastrophe modeling firm AIR Worldwide and unveiled changes to key products recently. Praedicat updated the litigation tracker in its ...
Expect $2-$3B In Annual Industry Losses From Japan Quakes: KCC
For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a more devastating quake that happened 72 years earlier could bring $225 billion ...
Executives On The Move at Ironshore and RMS
Ironshore promoted from within for the new head of its healthcare professional liability unit. Catastrophe modeler RMS appointed a veteran from the software industry to run its own software/platform ...
Building Smarter Cat Models: Why They Need an Upgrade
Not too long ago, a phone was just a phone. Along with a phone, you needed an alarm clock, a calculator, a CD player, a camera and many other electronic devices. Today, all of those capabilities and ...
RMS Expands Model Suite for Asia-Pacific Typhoon, Earthquake
Risk modeling and analytics firm RMS has substantially expanded its suite of offerings for the Asia-Pacific region, adding typhoon models for South Korea and Taiwan as well as earthquake models for ...
AIR Worldwide Releases Updated U.S. Earthquake Model
Catastrophe risk modeling firm AIR Worldwide, a Verisk Analytics business, has updated its earthquake model for the United States to include enhanced event generation, local intensity calculation and ...