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 [...]
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 [...]
Newly-Announced Regulation from the California Department of Insurance Will Address Property Insurance Availability by Allowing Forward-Looking Catastrophe Models Jersey City, Jan. 2 (Korea Bizwire) — In a groundbreaking step toward a more resilient and sustainable property insurance market in California, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, announced today that it [...]
BOSTON, Oct. 16, 2024 (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 onshore property for Hurricane Milton will fall between USD 30 billion and USD 50 billion. This estimate includes losses due to wind, privately insured estimates [...]
BOSTON, Oct. 8 (Korea Bizwire) — The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind, storm surge and hurricane precipitation induced flood in the U.S. for Hurricane Helene will range between USD 6 billion to USD 11 billion. Please note [...]
BOSTON, Oct. 01, 2024 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses from the flooding in Czechia, Poland and Austria in September 2024 will range from EUR 2 billion (~USD 2.2 billion) to EUR 3 billion (~USD 3.4 [...]
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 [...]
BOSTON , July 19, 2024 (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 property from wind in the U.S. for Hurricane Beryl will range between USD 2 billion to USD 3 billion. Meteorological History of Beryl Beryl [...]
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 [...]
New release provides insurers and reinsurers with tools to make informed decisions and mitigate potential losses effectively JERSEY CITY, N.J., April 08, 2024 (Korea Bizwire) – Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced a monumental leap forward in global catastrophe modeling and risk analysis with the launch of Verisk’s [...]