Modelling
In Series: Windstorms: Hindcast is a wonderful thing
Use of the right meteorological data is vital for insurers.
In Series: Windstorms: Be prepared
Insurers can make sure they’re ready to hit the ground running once a windstorm has passed by studying weather data before the storm hits.
In Series: Windstorms: Postcode lottery
The nature of windstorms requires a different, broader approach to underwriting.
In Series: Windstorms: Lessons from history
Debate over how European windstorms are evolving can be fierce, with data available to prove virtually every possible variation. But, with this weather phenomenon seriously battering Europe and its insurers’ claims funds, a greater understanding of what…
Emapsite launches geo-coded subsidence model
Data services provider Emapsite has launched a geo-coded perils model enabling insurers and underwriters to assess the subsidence risk for every property in the UK.
Online modelling tool allows insurers to see crime hotspots by postcode
Insurers can gain easy access to crime hotspots by postcode under a new model launched by online map data provider Emapsite.
Natural Catastrophes: Pool party
Insurers and governments are having to adapt to a world in which natural catastrophes are increasing in frequency and severity. It’s time for a new approach to nat cat.
Business Insight unveils risk analysis tool
Technology provider Business Insight has launched Resonate, a new risk analysis model that classifies every address and neighbourhood in the UK.
Guy Carpenter rolls out new European hail model
Guy Carpenter has launched a probabilistic hail model for Europe.
15% drop in large-scale terror attacks prompts RMS model update
A 15% reduction in the frequency of large-scale terror events in many cities has prompted RMS to release an update version of its probabilistic terrorism model.
Nelson urges industry to factor climate change into cat models
Climate change is real and must be factored into all future catastrophe modelling, Lloyd’s chairman John Nelson has warned.
Landmark plotting ‘no questions asked’ UK household pricing model
Risk modeller Landmark Insurance Services is working to launch a new ‘no questions asked’ household insurance pricing model.
JBA releases highest resolution GB flood model
JBA Risk Management has updated its Great Britain flood model to provide greater precision than ever previously possible.
Amlin teams with Oxford Uni on modelling project
Amlin will today release the initial findings of a research project with Oxford University on fears of systemic dangers generated by the increasing prevalence of risk modelling.
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
C-Suite: Meeting 21st century needs
More openness and better modeling is needed to provide a better service for an ever-changing world.
International: Europe: Weathering the storm
In the wake of devastation caused by typhoon Haiyan in the Phillippines, what is the future for insurance in disaster-prone regions?
Air develops pandemic flu model
Air Worldwide has released a Pandemic Flu Model designed to capture the excess morbidity, mortality, and insurance losses caused by pandemic influenza.
Eqecat and RMS finalise data sharing scheme
Rival catastrophe modelling firms Eqecat and Risk Management Solutions have finalized an agreement to share exposure data schemas.
Japan Earthquake: A seismic shift
The sheer size and scale of the Tohoku earthquake and tsunami has change the face of insurance in the region forever.
New model can highlight political violence exposure, says Towers Watson
Professional services firm Towers Watson has unveiled its new Sunstone model, designed to give firms a better understanding of their terrorism exposure.
AIR considers business interruption following Boston bombings
A large section of Boston's Back Bay area remains off-limits to all but law enforcement officials and the FBI, following yesterday's fatal bomb blasts near the finish line of the city's marathon.
In Series: Personal Lines: First line of defence
Insurers should embrace the power of data to detect and prevent fraud at an early stage.