Extreme Event Solutions
Verisk Estimates Industry Insured Losses from Winter Storm Ciarán will Range from EUR 800 Million to EUR 1.3 Billion
The extreme event solutions business unit of Verisk estimates industry insured losses from Winter Storm Ciarán will range between EUR 800 million and EUR 1.3 billion.
Verisk Estimates Industry Insured Losses from Hurricane Otis to Range from MXN 50 Billion to MXN 110 Billion (~USD 3 Billion to 6 Billion)
Verisk estimates industry insured losses for Hurricane Otis will likely fall from ~USD 3 billion to 6 billion
Insurance Industry Faces Average Annual Natural Catastrophe Losses of $133B, A New High, According to Verisk Report
Global modeled insured average annual loss from natural catastrophes is $133 billion, a new high captured in latest analysis from Verisk’s extreme event solutions
Verisk Estimates Insured Losses from Hurricane Idalia to Range from USD 2.5 Billion to USD 4 Billion
The industry loss estimate includes estimated wind damage and insured estimates of storm surge across Idalia’s track.
Verisk Estimates Economic Losses from February 6 Earthquakes in Turkey Likely to Exceed USD 20 Billion
According to Extreme Event Solutions at Verisk, economic losses for the February 6, 2023, earthquakes in Turkey will likely exceed USD 20 billion, and industry insured...
Verisk Extreme Event Solutions Releases Climate Change Projections for U.S. Hurricane and Caribbean Tropical Cyclone Models
Verisk has announced the release of climate change projections for its U.S. Hurricane and Caribbean Tropical Cyclone Models that can help quantify climate-related...
Verisk Creates the (Re)Insurance Industry’s First Geolocation Solution for Commercial and Residential Risk Assessment
Many insurers and reinsurers face challenges when assessing property risks for multiple buildings and units that share a common address. To solve this problem and...
Verisk Estimates Industry Insured Losses to Onshore Property for Hurricane Ian Will Range from USD 42 Billion to USD 57 Billion
Verisk estimates that insured losses to onshore property for Hurricane Ian will range from USD 42 billion to USD 57 billion.
Global Average Annual Insured Losses from Extreme Events in Excess of $120 Billion, New Report from Verisk Finds
Verisk Extreme Event Solutions released its 2022 Global Modeled Catastrophe Losses Report.
Verisk Assembles Climate Advisory Council
To help organizations better understand the impacts of climate change and inform their resilience and sustainability efforts, Verisk has formed the Verisk Climate...
Verisk Estimates Insured Industry Losses for M7.3 Namie, Japan, Earthquake
Verisk estimates insured losses to properties from the March 16 M7.3 earthquake in Japan will be between JPY 240 billion and JPY 490 billion.
Verisk Estimates Insured Wind Losses for Storms Dudley/Ylenia and Eunice/Zeynep
Verisk Extreme Event Solutions estimates insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between EUR 3 billion and EUR 5 billion.