Industry Segments: Modelling Page 1 / 3
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- October 16 2025
New Zealand adaptation framework will develop national flood map, strengthen climate change legislation
ICNZ has welcomed the framework as an important and necessary first step towards building the country's climate resilience and keeping insurance accessible.
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- October 15 2025
Q3 nat cat losses at two-decade low of US$50bn: Gallagher Re
In terms of insured losses, the third quarter by itself tentatively produced less than US$15bn in insured losses and was the lowest total since 2016.
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- October 7 2025
Eye in the sky expands tropical cyclone coverage across Australia, Japan to ‘fill the gap’ amid rising demand
Finnish firm ICEYE is also close to launching an earthquake product in Japan, global head of insurance Stephen Lathrope tells InsuranceAsia News.
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- September 2 2025
‘Fundamental shift’ in risk landscape as average annual losses rise to US$152bn: Verisk
Frequency perils are driving sustained, high-impact losses across geographie and insurers must evolve their strategies to meet this challenge head-on.
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- August 28 2025
Perils expands real-time insurance industry loss forecasts to Japanese typhoons
Wind-Jeannie platform 'provides a welcome new perspective,' Perils' Japan representative Takashi Goda says.
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- July 31 2025
Perils expands SCS coverage to Japan, New Zealand
New service will capture SCS industry losses above JPY100bn and NZD300m as of August 1.
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- July 29 2025
Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
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- June 5 2025
Australian insurers faced with US$1.9bn bill after triple whammy: JBA
February's north Queensland floods, ex-Tropical Cyclone Alfred, and the ongoing Mid North Coast and Hunter Regions floods in New South Wales have caused widespread damage.
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- May 28 2025
With Australia, India and China inundated by record floods, voices swell to rewrite the nat cat lexicon
Floods in Australia have been widely described as a one-in-500-year event, but such categorisations are now being seen as harmful to the insurance industry.
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- March 28 2025
With floods high on the list of perils in Asia, modeller gets its feet wet into China and Australia
JBA has announced a partnership with China’s Ping An Insurance and has also launched a new comprehensive Australian inland flood model.
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- March 18 2025
Cyclone Alfred insured losses to reach US$1.6bn, flood modeller predicts
JBA says 'previous concerns about a high number of severe wind damage claims were not realised' following the event earlier this month.
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- March 14 2025
Exclusive: Moody’s RMS’ APAC managing director Andrew Hare departs
Singapore-based Hare had been with the risk modeller since 2022, having joined from Aon Inpoint.
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- February 25 2025
Drive for data to plug flood modelling holes continues as risks rise for Asia
Region is most at risk from substantial rainfall changes, according to new research, but for many areas, detailed data is still not accessible.
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- January 24 2025
30 years after Kobe earthquake, Japan seeks to improve data amid ‘megaquake’ warning
Space agency signs deal to estimate extent of damage to buildings caused by earthquakes using high-definition satellite images.
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- December 20 2024
The heat is on for India: climate change, rapid urbanisation set to weigh on BI losses
The country's business interruption insurance market is set to face challenges from heat stress and urban flooding.
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- December 18 2024
Higher retentions by reinsurers drive investment in granular data, modelling: Moody’s Michael Steel
While modellers have embraced AI, insurers remain cautious despite growing recognition of its benefits, says the general manager of the risk analytics provider.
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- November 22 2024
Opinion: Will generative AI be a game-changer when it comes to risk modelling?
Algorithms can, in theory, be trained to create predictive models to analyse satellite imagery of cat-affected regions across Asia or forecast a typhoon’s trajectory as well as estimate potential damage and identify high-risk areas.
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- November 18 2024
Modellers step up efforts on flood models amid rising secondary peril risk in APAC
Verisk and Moody’s RMS indicate they are listening to the concerns of the market and have laid out plans to “close the gap”.
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- November 4 2024
High-quality exposure data key to effective nat cat risk management: Verisk
While countries like Australia, New Zealand, and Japan have reliable geocoding and risk data, other markets, including China, India, and South-East Asia, still face gaps.
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- October 29 2024
Tokio Marine-backed ICEYE plans continued rollout across Asia as demand for satellite risk data continues
Appetite for granular catastrophe-related information is now crucial in a market keen to keep a greater handle on cat exposures.
