The acquisition expands KatRisk's multi-peril catastrophe modeling capabilities and accelerates the development of a high-fidelity earthquake offering for global clients. RED's European earthquake ...

KatRisk, a provider of catastrophic risk modelling software to the insurance and financial services industries, has acquired ...

The percentage of insurers in Bermuda purchasing little or no external catastrophe reinsurance decreased to zero per cent of respondents in 2023, the Bermuda Monetary Authority reported. The island’s ...

GCube to use Renew Risk’s cutting-edge catastrophe risk model software for offshore wind assets to offer more tailored and competitive pricing Renew Risk’s ground-breaking models consider a broad ...

In an effort to staunch the exodus of home insurers fleeing the state, California Insurance Commissioner Ricardo Lara on Thursday unveiled a proposal for letting those insurers use computer models of ...

“Current catastrophic risk modeling relies on aggregation and characterization of historical events adjusted to reflect current conditions, but this leads to models that are inflexible and inaccurate.