Archive

New York cat exposure puts insurers at risk of losses exceeding $100bn

KCC says low-frequency events can still drive very large claims

Heeding the warnings on city wildfire risk

Risk modellers have long warned of the wildfire risks to cities. Since the disastrous infernos in Los Angeles, people have begun to listen, as David Walker reports

KCC, Verisk estimate insured loss from winter storm Fern

Likely to be third-worst US winter storm in terms of insured loss

KCC outlines key takeaways from 2025 hurricane season

Cat modeller notes low storm counts but an unusually high number of Category 5 hurricanes

KCC unveils fourth version of US SCS model

KCC, Verisk and Moody's RMS issue hurricane Melissa loss estimates

Wind damage in Jamaica responsible for most of the modelled losses

AI could transform catastrophe modelling of secondary perils

Karen Clark says AI a better fit for storms, derechos and wildfires than for traditional big-cat events

KCC poaches natcat modelling expert Simic from Verisk

US insurers lucky to have avoided $100bn hurricane loss, says KCC

Insurers warned a $100bn storm is inevitable as coastal exposures grow

California endorses Moody's, KCC and Verisk wildfire models to boost coverage

Plan is to ease the insurance availability crisis caused by growing wildfires