Modelling
PCS to launch terrorism risk model
Property Claim Services is to launch a specialty lines loss aggregation solution for terror in the first quarter of 2018.
Aviva's Maurice Tulloch on the race to sustainability
Maurice Tulloch, CEO of international insurance at Aviva, explains why and how the industry should encourage a global race to sustainability.
Roundtable: Advanced underwriting in the digital age
Getting the most out of unstructured data can be complex. A recent roundtable discussed the resources available for underwriters to approach and tackle the problem
Analysis: Pandemic bonds
Pandemics bonds have launched, with the help of the insurance market, to channel surge funding to developing countries dealing with a disease outbreak.
Blog: Don't overlook commercial fire risk
Allan Macpherson, operations chief engineer at FM Global, explains how the commercial damage caused by fire can be mitigated.
Analysis: Councils: Local challenges
Local government insurance has to deal with emerging risks. How is it adapting as competition increases?
Top UK insurers 2017
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
Lloyd's names Scor cat modeller as risk aggregation chief
Lloyd’s of London has named Scor’s EMEA catastrophe head, Kirsten Mitchell-Wallace as head of risk aggregation.
Blog: If Hurricane Andrew II hit Miami today
If a hurricane the strength of Andrew tracked through Miami today, losses would likely exceed $200bn ($155bn), almost twice what the insurance industry is prepared for, warns Karen Clark, co-founder of Karen Clark & Company.
AIR Worldwide launches cyber risk aggregator tool
Catastrophe modelling firm AIR Worldwide has launched a cyber risk modelling tool to estimate potential insured cyber losses across an insurer's portfolio.
Lloyd’s and Arium develop long-tail liability model
Lloyd’s has teamed up with modelling company Arium to enable insurers to better model long-tail liability exposure.
C-Suite Insurer: Hiscox's Robert Childs - Good in a crisis
It is in an emergency that the industry’s expertise is needed most. It’s up to London to lead the way
Lloyd's partners with modelling firms on cyber data requirements
Lloyd's has agreed a common core set of data requirements for cyber risks in collaboration with modelling firms AIR Worldwide and RMS alongside the Cambridge Centre of Risk Studies.
Benefits of resilience bonds heralded in framework launch
Catastrophe modelling firm RMS has launched the framework for a resilience bond designed to help manage financial risk from catastrophes while promoting investment in infrastructure that will minimise physical risk.
Aon and Scor develop French flood model
Aon Benfield has developed a French flood scenario model in partnership with reinsurer Scor to better prepare for the potential cost of a flood impacting the country's major cities.
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.