catastrophe modeling News
AIR Worldwide Releases Enhanced Southeast Asia Earthquake/Typoon Models
AIR Worldwide is rolling out beefed up earthquake and typhoon models for Southeast Asia. The catastrophe modeling firm, a Verisk Analytics business, said the earthquake model updates cover: Tsunami ...
La Niña May Be Coming, Along With Higher Atlantic Hurricane Risks
Think of it as Mother Nature's roller-coaster ride: the shift between the weather patterns known as El Nino and La Nina that, at their worst, can cause havoc worldwide. El Nino—spurred on by a ...
RMS CEO Shah Pledges 2016 Cloud-Based Cat Modeling Roll-out
RMS, after months of additional fine-tuning and ironing out kinks, is ready to roll out cloud-based catastrophe risk management system RMS(one) through 2016, co-founder and CEO Hemant Shah said on ...
RMS Buys Up Real-Time Hurricane Impact Data Startup
Catastrophe modeling firm RMS has acquired HWind Scientific LLC, a startup focused on producing real-time hurricane impact data. Neither side disclosed financial details. But RMS said the acquisition ...
The Latest Launches From Karen Clark & Co., IDT911 and QBE North AMerica
Karen Clark & Company (KCC) unveiled the R14 update to its RiskInsight open loss modeling platform, an improvement designed ease customization. The catastrophe modeling software and consulting ...
How to Build Your Own Catastrophe Model
Given the complexity of catastrophe models, at first it might seem impossible for you to build your own. This was certainly the case 10-20 years ago. But technology has changed since the ...
Hurricane Katrina’s Legacy
Hurricane Katrina was a deadly storm that caused a large loss to the insurance industry—but not so large that it shouldn't have been anticipated by the catastrophe models. In the months after this ...
AIR Worldwide Unveils Winter Storm, Tropical Cyclone Models for Canada
Catastrophe risk modeler AIR Worldwide has expanded its suite of models for Canada with the release of Winter Storm and Tropical Cyclone models. In addition, comprehensive updates have been made to ...