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Extreme Events

September 8, 2023

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

February 14, 2023

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...

October 17, 2022

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...

October 3, 2022

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.

October 1, 2022

Verisk’s Geospatial Data, AI-Enhanced Analytics and Vexcel’s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage

Verisk is working with Vexcel Data Program to help insurers accelerate their response to the widespread property damage wrought by Hurricane Ian.

September 28, 2022

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.

October 25, 2021

Global Average Annual Insured Losses from Extreme Events in Excess of $100 Billion, New Report Finds

AIR Worldwide today released its 2021 Global Modeled Catastrophe Losses report.

September 13, 2021

Verisk’s AIR Worldwide Updates Losses for Hurricane Ida to Include Impacts of Inland Flooding

AIR Worldwide updated its insured loss estimates for Hurricane Ida after analyzing the inland flood impacts across the entirety of its track, including the Northeast.

September 3, 2021

Verisk’s AIR Worldwide Estimates Insured Losses for Hurricane Ida Will Range from USD 17 Billion to USD 25 Billion

AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from USD 17 billion to...

July 27, 2021

Verisk’s AIR Worldwide Enhances Extreme Event Models for Japan With Release of Updated Earthquake and Typhoon Models

AIR Worldwide has announced the release of significantly updated AIR Earthquake and Typhoon Models for Japan.

May 24, 2021

Property & Casualty Insurers Finish 2020 Marked By Global Pandemic and Unprecedented Catastrophic Events

Property/casualty insurers weathered a turbulent year in 2020, buffeted by a global pandemic that deeply disrupted economic activity and a historic catastrophe season...

May 18, 2021

National Fire Protection Association and Verisk Collaborate to Promote Importance of Community Wildfire Risk Mitigation

More than 4.5 million U.S. properties are at a high-to-extreme risk of wildfire, according to estimates from Verisk.

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