Extreme Events
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 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 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.
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.
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.
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.
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.
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...
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.
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...
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.