North Carolina Pushes for $40M in Hazard Model Funding
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Catastrophe Models
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California Lawmakers Pass Public Wildfire Catastrophe Model Legislation
SB 429 heads to Governor's desk and would create the nation's first public wildfire risk assessment tool.
2 min read
Terrorism Risk Models Still Fall Short as Reinsurers “Struggle” With Loss Estimates
Nearly a quarter century following the 9/11 attacks, a new report says critical gaps in current risk modeling capabilities continue to constrain private sector participation in terrorism risk coverage.
3 min read
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Bahamas Issues National Standard for Hurricane Models
The Bahamas has established new technical standards for hurricane risk modeling that mandate probabilistic approaches and estimate current annual average losses
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Risk Modeling Drives Record ILS Market Growth as Models Influence Capital Requirements
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Cat Models, Insurers Should Expect Additional "Nature-Based" Risk Mandates
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Moody's Tulenko Details Catastrophe Modeling Expansion with AI Integration and SCS
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AI Forces Insurers to Rewrite Risk Models, Senate Panel Told
A Senate Banking Subcommittee hearing underscored how artificial intelligence is simultaneously rewriting insurers’ actuarial playbooks and creating new, hard-to-price exposures that must be quantified to unlock reinsurance capital.
2 min read
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A Direct Miami Cat 5 Hurricane Hit Would Be “Devastating” In Any Scenario: Moody’s
A Katrina-like storm in Southeast Florida would likely result long-term population loss and permanently higher insurance costs.
2 min read
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Catastrophe Model “Adaptability” Key to Industry’s Future: Neuberger
1 min read
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TWIA Actuarial Committee Spikes Rate Hike: “Not Worth The Hassle”
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New Fed Dataset Challenges Catastrophe Loss Math
The project aims to create a more economically accurate method of measuring the impact of growing US natural disaster losses.
2 min read
