The actuarial methodology powering insurance risk models is advancing faster than most carriers realize. Here is what is ...

Some of America's largest home insurers are pricing wildfire risk at dramatically different levels of precision - and the gap ...

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 ...

As extreme heat, hail, floods and storms drive up insurance losses, a new partnership involving NASA, universities and ...

Verisk’s recent launch of its updated U.S. Tropical Cyclone model, delivered via the firm’s new cloud-native Synergy Studio ...

The combined technologies will provide (re)insurers and brokers with access to wider views of risk, facilitating global resilience for individuals, communities and businesses BOSTON and NEW YORK, ...

Insurance is considered one of the fundamental pillars of economic stability and risk management in any country, as it is closely linked to ...

China's leading auto insurance technology platform, today announced the launch of "Cheche Score," a proprietary AI-powered dynamic pricing solution for new energy vehicle ("NEV") insurance. Built on ...

For UNIQA, this means customer risk classification that evolves with the regulatory landscape across all 14 markets simultaneously. Delivered via a centralized SaaS architecture, updates to risk ...

Statistical modelling of insurance claims encompasses a suite of quantitative techniques designed to characterise, predict and manage the financial liabilities arising from insured peril events.

Hiscox has partnered Bellwether, a team at X, Alphabet’s Moonshot Factory, to introduce a new approach to wildfire modelling for the Californian insurance market. The collaboration involves Hiscox ...