Catastrophe Modeling Visualize Articles

7/12/2023 - 4 min read

2023 Turkey Earthquakes: Models Should Already Consider These Events

Large earthquake risk in Turkey is very much a reality and can produce significant losses.

5/31/2023 - 5 min read

Climate change vs. climate variability: their impact on insured losses

Catastrophe models help better understand and quantify insured losses caused by climate change and climate variability.

5/30/2023 - 3 min read

Wildfire: Insurers and communities adapt to an ever-growing threat

Wildfires have moved rapidly to the fore as an exposure for insurers to understand and manage in states at high risk for this peril.

Arctic Amplification Melting Iceberg Teaser

5/15/2023 - 4 min read

Arctic Amplification: A Very Bad Positive Feedback Loop

The Arctic amplification has been warming the north pole more than twice the global average, contributing to extreme weather farther south.

5/4/2023 - 2 min read

What happens after catastrophes? Protection in a time of loss

Despite mitigation measures, natural hazards may still cause damage, and insurers need actionable data to guide underwriting and pricing.

4/6/2023 - 2 min read

Severe thunderstorms and hail: Concentrated events that pack a punch

Severe thunderstorms are a common natural phenomenon in the US, causing more than half of annual reported insured losses since 1985.

3/8/2023 - 7 min read

Property Liability Clash Emerging Liability Exposures Resulting from Natural Catastrophes

Natural catastrophes are not only having a significant impact on insurers’ property portfolios but have also increasingly begun to spill over.

10/20/2022 - 6 min read

Will climate change lead to more hurricanes?

Verisk’s Climate Change Projections help organizations investigate how loss metrics such as average annual losses (AALs) and return period may change in the future.

6/13/2022 - 5 min read

Is New Orleans Safe from Another Katrina Like Storm Surge

Hurricane Katrina is greatly known for its level of devastation in New Orleans, but how has the city prepared to protect themselves against a similar storm?

5/18/2022 - 12 min read

Modeling Fundamentals: A Novel Approach to Trending Historical Losses

Trending historical losses is not a new concept, but Verisk's approach has an advantage over other normalization methods.

4/7/2022 - 4 min read

3 Major Iberian Earthquakes Highlight European Risk

A brief history of 3 major earthquakes will highlight the risks that European regions are susceptible to, even in modern day.

3/29/2022 - 13 min read

Next Generation Modeling for Direct, Facultative, and Treaty Lines

The fourth and final installment of Verisk's Next Generation Modeling series, we discuss various aspects of reinsurance loss accumulation with spatial correlation.