Verisk Extreme Event Solutions

📣The Singapore International Reinsurance Conference is next week! Don’t miss the opportunity to learn how our catastrophe modeling solutions can help you gain a better understanding of extreme event risk. Connect with our team onsite! https://vrsk.co/400eB43 #20SIRC #SIRC2024 #SIRC #Reinsurance #CatastropheModeling #Reinsurance #IndustryEvents #ExtremeEvents

Just wrapped up an incredible time at the Baden-Baden Reinsurance Meeting in Germany! Great conversations, valuable insights, and engaging discussions. Baden-Baden was a great reminder of why we're so passionate about the reinsurance industry. We're committed to being a reliable partner and driving innovation within this industry. #BadenBaden #Reinsurance #Networking

Verisk and Guy Carpenter partner to model potential liability losses from PFAS. Verisk's Liability Analytics Modeling team collaborated with Guy Carpenter to develop a model examining the potential for insurable PFAS liability losses in the EU, which was discussed in their recently released white paper. Learn more: https://vrsk.co/4eNmTRy. #PFAS #ClimateRisk #Insurance #EU #RiskManagement

Verisk Extreme Event Solutions estimates insured losses due to wind, storm surge, and hurricane precipitation induced flood from Hurricane Milton in the U.S. will range between USD 30 billion and USD 50 billion*. Hurricane Milton rapidly intensified from Category 1 to Category 5 in just 24 hours, reaching a minimum central pressure of 897 mb - the third fastest intensification in the Atlantic basin on record. Ahead of landfall, Hurricane Milton's outer bands began to reach the shore of the Florida Peninsula, with dozens of tornados reported across the southern part of the state. Making landfall on October 9 as a Category 3 storm, Milton brought heavy rains, powerful storm surge, and significant winds attributable to the majority of insured losses. *Please note that this figure does not include NFIP losses. Learn more: https://vrsk.co/3BWT81V #Hurricane #HurricaneMilton #CatastropheModeling #ExtremeEvents #StormSurge #Insurance #Reinsurance #ALERT

We are looking forward to attending the 20th Singapore International Reinsurance Conference! Discover how Verisk's solutions can help reinsurers navigate the complexities of the policy lifecycle. From digital placement with Whitespace Software to risk ratings and catastrophe modeling to understand and quantify extreme event risks, we've got you covered. Will you be there? Request a meeting with our team to learn more about extreme event risk and the latest implications for the industry: https://vrsk.co/400eB43 #20SIRC #SIRC #SIRC2024 #Reinsurance #IndustryEvents #CatastropheModeling #ExtremeEvents

Verisk Extreme Event Solutions estimates insured losses due to wind, storm surge and hurricane precipitation induced flood from Hurricane Helene in the U.S. will range between USD 6 billion and USD 11 billion*. The hurricane made landfall in Florida as a Category 4 storm, the strongest hurricane to make landfall in the Big Bend region since 1851, bringing record-breaking storm surge and widespread flooding. As Helene continued north into Appalachia, record rainfall resulted in severe flooding in North and South Carolina, which will be the primary driver of insured and economic losses in these states. *Please note that this figure does not include NFIP losses. Learn more: https://vrsk.co/4dCKTFG #Hurricane #HurricaneHelene #CatastropheModeling #ExtremeEvents #Flooding #ALERT

Heading to the annual Baden-Baden Reinsurance Meeting? Connect with our team to learn how Verisk is empowering our clients to tackle the latest challenges facing the (re)insurance industry ahead of 1/1 renewals. #BadenBaden #Reinsurance #BBRe24 #ExtremeEvents #Risk

Verisk Extreme Events Solutions estimates that insured losses for the Central Europe floods will range between EUR 2 billion (USD 2.2 billion) to EUR 3 billion (USD 3.4 billion). The recent floods that swept through Europe caused widespread damage particularly along the Poland-Czechia border. Thousands of homes, businesses, and vital infrastructures were severely impacted. The financial toll was immense, with millions of dollars in insured losses reported. Learn more: https://vrsk.co/3XNHv4L #Flood #ExtremeEvents #CatastropheModeling #EUFlood

Climate change liability can manifest in multiple ways, depending on the plaintiffs’ legal arguments and their reasons for targeting a given company - is your organization prepared to weather the storm? Learn more about how Verisk's Arium Liability Analytics platform assesses this scenario: https://vrsk.co/4gD4UyE #ClimateLiability #ClimateRisk #ClimateChange #CasualtyRisk #EmergingRisk #Reinsurance

🚨Don't miss our CEEM program in Boston! Whether you're joining us in person or virtually, this intensive course will provide you with a deep understanding of catastrophe risk modeling. Learn from the experts and gain hands-on experience with our software. Register now: https://lnkd.in/e3eX9Dvj #RiskModeling #Catastrophe #RiskManagement #ExtremeEvents #InsuranceCertification