Industry Segments: Modelling Page 2 / 3
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- October 26 2022
Japan inland flood losses to rise 50% by 2050, JBA models show
The flood modelling specialist has launched a set of global climate change tools for flooding in every country.
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- October 6 2022
New Zealand’s revised seismic model shows earthquake hazards have risen
On average the likelihood of an earthquake has increased 50% or more across the country.
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- September 19 2022
‘Violent’ Typhoon Nanmadol causes havoc across Japan
The third-strongest typhoon to make landfall since records began is moving northeast raising flood warning in Tokyo.
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- September 14 2022
Rising cat claims force APAC governments to partner reinsurers: S&P
Government-backed cat pools and widening agri cover are seen as ways to maintain affordability.
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- August 16 2022
RMS lands former Aon Inpoint Asia head as regional managing director
Andrew Hare will lead the combined RMS and Moody’s Analytics insurance vertical.
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- July 4 2022
Korean wind projects worth US$264m GWP to insurers
Construction of 6GW of offshore wind presents risk challenges, but also an opportunity.
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- July 1 2022
Mixed reaction to Australia’s cyclone pool modelling data
There are potential premium savings of 38%, but up to 24% of Queensland homeowner policyholders could see rises.
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- June 22 2022
Perils expands cat data to Japan wind and flood
The firm will use data from most of the country's P&C players which provided 'strong support'.
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- June 16 2022
Modelling deficit highlights APAC reputational risk
With over 25% of a company's value linked to reputation, boards need to prioritise cover.
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
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- May 3 2022
Asian reinsurers challenged by cat modelling: Fitch director
Protection gap suggests vast potential for reinsurance growth.
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- February 9 2022
Aussie climate tech firm FloodMapp raises US$6m
The funding round for the cat modeller was led by Union Square Ventures’ Climate Fund.
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- February 3 2022
Asia cat modelling ripe for insurtech funding
After recent fundraisings at Reask and Descartes Underwriting, expect more over the next 12 months.
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- January 18 2022
Market raises concerns over Asia secondary perils pricing
Inadequate models are putting pressure on underwriting results, say market participants.
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- November 18 2021
SIRC 2021: Improved data opens door for better products
Aon, Swiss Re and Perils experts say past data sets need to be combined with new risk models.
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- November 16 2021
SIRC 2021: Break siloes to harness Asia cat data
As the volume of data rises, experts say overcoming internal company challenges will be the key to effective usage.
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- November 15 2021
Munich Re’s Park on climate risks, underwriting and transformation
James Park, the reinsurer's chief executive for Singapore and South-East Asia, warns on unmodelled risks.
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- September 23 2021
Flood insurtech Previsico raises US$2.5m
The insurtech tells IAN it is currently targeting China and Hong Kong in the Asia Pacific region.
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- June 4 2021
New Zealand’s EQC secures ‘record-high’ reinsurance cover
Aon has helped secure a US$5bn agreement -- a much larger deal than 12 months ago.
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- November 18 2020
Rates rise as Australia enters perilous summer nat cat season
La Nina, reduced capacity, expensive disasters and mitigation efforts are causing execs headaches.
