Polycrisis . Unprecedented. Historic. Extreme. These are just some of the headlines entering the inbox of...
Power of Partnership: Moody's RMS and Bitsght Work to Address Cyber Insurance Market Opportunities
With the cyber insurance market offering significant growth potential, (re)insurers are considering how to capitalize on...
With the cyber insurance market offering significant growth potential, (re)insurers are considering how to capitalize on...
Article / 5 days ago
How Climate Modeling Can Mitigate Risks and Improve Resilience in the Construction Industry
In an era of escalating climate-related challenges, the construction industry is turning to advanced climate modeling to fortify its risk management strategies...
In an era of escalating climate-related challenges, the construction industry is turning to advanced climate modeling to fortify its risk management strategies...
Article / 12 days ago
Counterfactual analysis will help insurers be less reactionary to nat cat events: WTW
Implementing downward counterfactual analysis alongside traditional catastrophe models to consider alternative histories based on near-miss events...
Implementing downward counterfactual analysis alongside traditional catastrophe models to consider alternative histories based on near-miss events...
Article / 25 days ago
The Importance of Capturing the Contribution of Earthquake Catastrophe Risk in the Caribbean
When looking at the historical record of catastrophe losses across the Caribbean region, even over the last few decades, it is hurricane events that have dominated the insured losses...
When looking at the historical record of catastrophe losses across the Caribbean region, even over the last few decades, it is hurricane events that have dominated the insured losses...
Article / 25 days ago
Aon chief calls for better models for ‘stressed’ property insurance market - Financial Times
Industry’s reliance on history to predict losses not sufficient for era of climate, cyber and AI risks, Greg Case says...
Industry’s reliance on history to predict losses not sufficient for era of climate, cyber and AI risks, Greg Case says...
Article / 25 days ago
German insurers upgrading models to include flash floods
German insurers are working to take flash floods into account within their risk models. “The July 2021 flood in particular showed that previous flood simulations...
German insurers are working to take flash floods into account within their risk models. “The July 2021 flood in particular showed that previous flood simulations...
Article / 27 days ago
New Zealand: Most home buyers now consider Nat CAT risks when buying property
Nine in 10 homebuyers are now considering natural hazard risk when deciding on a property, according to a new EQC Toka Tu Ake NeilsenIQ report....
Nine in 10 homebuyers are now considering natural hazard risk when deciding on a property, according to a new EQC Toka Tu Ake NeilsenIQ report....
Article / 1 month ago
Refocusing the Lens: An Updated Look at Cyber Model Divergence
Revenue continues to be the key driver of model divergence at the mean and was found to be an even more significant factor at the tail....
Revenue continues to be the key driver of model divergence at the mean and was found to be an even more significant factor at the tail....
Article / 2 months ago
USGS 2023 National Seismic Hazard Model Update: Adopting a Modern View of Risk
The U.S. Geological Survey (USGS ) has recently released an updated version of its U.S. National Seismic Hazard Model (NSHM)...
The U.S. Geological Survey (USGS ) has recently released an updated version of its U.S. National Seismic Hazard Model (NSHM)...
Article / 2 months ago
Improving interoperability: the impact of multiple data feeds on exposure management
The combination of emerging risks, technological advancements, regulatory shifts, and evolving customer expectations are revolutionising how insurers perceive, analyse, and respond to risks.
The combination of emerging risks, technological advancements, regulatory shifts, and evolving customer expectations are revolutionising how insurers perceive, analyse, and respond to risks.
Article / 2 months ago