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Verisk Estimates Insured Losses for Hurricane Melissa Will Range Between USD 2.2 Billion to USD 4.2 Billion

Verisk Estimates Insured Losses for Hurricane Melissa Will Range Between USD 2.2 Billion to USD 4.2 Billion

Sets record as most intense hurricane to make landfall in Jamaica and tied for the most intense hurricane landfall globally since recordkeeping began in 1851 BOSTON, Nov. 03, 2025 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore [...]

Verisk Names Saurabh Khemka President of Underwriting Solutions

Verisk Names Saurabh Khemka President of Underwriting Solutions

Doug Caccese steps into strategic advisor role before leaving Verisk in January 2026 JERSEY CITY, N.J., Sept. 30, 2025 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced that Saurabh Khemka has been named president of Underwriting Solutions, effective immediately. “Saurabh has been [...]

$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes

$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes

Modeled non-crop property & casualty losses rose 25 percent compared to 2024, with severe thunderstorms and other frequency perils accounting for two thirds of total potential losses, according to Verisk JERSEY CITY, N.J., Sept. 02, 2025 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today revealed that the global [...]

Verisk Welcomes Christopher Perry and Sabra Purtill to its Board of Directors

Verisk Welcomes Christopher Perry and Sabra Purtill to its Board of Directors

Jersey City, N.J., May 20, 2025 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Christopher J. Perry and Sabra R. Purtill have been elected to the company’s Board of Directors, effective immediately. Perry is president of Broadridge Financial Solutions, Inc. (NYSE: BR). Purtill is an experienced executive of [...]

Verisk Nominates Christopher Perry and Sabra Purtill to the Company’s Board of Directors

Verisk Nominates Christopher Perry and Sabra Purtill to the Company’s Board of Directors

Vincent Brooks and Wendy Lane set to retire from the Board of Directors Jersey City, N.J., March 21, 2025 (Korea Bizwire) – Verisk, a leading global data analytics and technology provider, today announced that its Board of Directors has nominated to stand for election as directors Christopher J. Perry and Sabra R. Purtill. Perry is [...]

Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion

Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion

This estimate includes losses due to fire and is inclusive of losses to the California Fair Plan BOSTON, Jan. 22, 2025 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to property for the Palisades and Eaton fires together [...]

New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion

New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion

Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in anticipated costs BOSTON, MA, Sept. 03, 2024 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, is newly reporting the average annual [...]

Verisk Estimates Industry Insured Losses from Flooding in Southern Germany to Range from EUR 2.4 Billion to EUR 3.6 Billion (USD 2.6 Billion to USD 3.9 Billion)

Verisk Estimates Industry Insured Losses from Flooding in Southern Germany to Range from EUR 2.4 Billion to EUR 3.6 Billion (USD 2.6 Billion to USD 3.9 Billion)

A relatively high proportion of the overall losses for this event are likely to be insured, owing to the high insurance take up for the flood peril BOSTON, June 19, 2024 (Korea Bizwire) – The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured [...]