Extreme Event Risk
Both natural catastrophes (such as hurricanes) and man-made disasters (such as terrorism) can jeopardize the financial well-being of an otherwise stable, profitable company. Catastrophe modeling uses algorithms and software to plan for future emergencies.
For almost 40 years, Verisk has developed probabilistic models that help organizations prepare for the financial impacts of catastrophes—before they occur. Today, organizations use our models to assess the likelihood and severity of loss from catastrophes in more than 110 countries worldwide.
From earthquakes to terrorism, Verisk risk models can help you prepare for and recover from extreme events.
A comprehensive view of your wind, rain, and storm surge risk in a near-present climate.
Manage your severe thunderstorm risk with a complete view of risk of hail, straight-line winds, and tornadoes.
Get the most advanced understanding of seismic hazard and building vulnerability.
Quantify flood risk by accurately accounting for the complex variables that give rise to damaging floods.
Assess the risk from a single storm or a cluster, including the most extreme events.
Understand your exposure to extreme wildfire risk, including factors that drive fire ignition and spread.
Comprehensive analyses of historical yield, price, and loss data for crops, forests, and livestock.
Models to help you prepare operational and strategic resilience initiatives that meet the needs of all stakeholders.
This model helps you estimate losses to support pricing and underwriting decisions down to the individual policy level.