Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in ...
BOSTON, Sept. 08, 2023 (GLOBE NEWSWIRE) -- The global modeled insured average annual loss from natural catastrophes is $133 billion, a new high captured in the latest analysis using Verisk’s extreme ...
Other market estimates underline the scale of US wildfire risk: Swiss Re has put insured losses from the broader California wildfires in January 2025 at around $40 billion, making them the standout ...
Investors in catastrophe bonds are girding themselves for substantial losses as the combined destructive force of Hurricanes Helene and Milton looks set to trigger payment clauses on a scale not seen ...
Rising insured losses from severe convective storms in the United States like hail and tornadoes could drive further growth in the catastrophe bond market, a sector largely structured through Bermuda ...
Verisk, a leading data analytics provider, has announced the release of the first catastrophe model designed to assess the financial impacts of strikes, riots, and civil commotion (SRCC) in the U.S.
JERSEY CITY, N.J, April 30, 2025 (GLOBE NEWSWIRE) -- In response to escalating insurance losses from large-scale civil unrest events in recent years, leading global analytics and data provider Verisk ...
Feb 3 (Reuters) - Privately insured losses from the recent winter storm are estimated to be $6.7 billion, catastrophe risk modeling firm Karen Clark and Company said on Tuesday. A major winter storm ...
PERILS estimates that Cyclone Alfred has cost the Australian insurance industry a total of $1,877 million in insured property and motor hull losses across Queensland and New South Wales. The final ...