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Catastrophe risk modelling: platforms and models update
09 June 2020InsuranceERM's round-up of developments at model vendors and platform providers AIR Worldwide, Impact Forecasting, Oasis LMF, RMS, Guy Carpenter, WTW, JBA, Nasdaq, KCC, ARA, Combus, CoreLogic, ERN and Fathom
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Hurricane Michael to cost insurers $6bn-10bn, says AIR Worldwide
15 October 2018Estimates do not include losses paid out by the National Flood Insurance Program
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Hurricane Michael: KCC estimates almost $8bn insured loss
12 October 2018Nearly half of insured loss estimated to have occurred in two Florida counties – Bay and Gulf.
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RMS predicts up to $5bn insured losses from Florence
25 September 2018Florence’s economic damage could be more than twice as severe, modellers say
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AIR Worldwide warns of likely $4.6bn Florence insured losses
18 September 2018Florence was downgraded to a tropical depression earlier this week but still brought destructive flooding
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Insurers facing $2.5bn Florence bill
17 September 2018Tropical depression Florence continues to pose a major flood threat in North Carolina
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Cat modelling firms facing renewed pressure on loss estimates
13 July 2018JLT Re urges cat modellers to strengthen authority over post-event loss forecasts
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KCC predicts $500m insured losses from hurricane Nate
09 October 2017Nate dissipated shortly after making landfall as a Cat 1 hurricane in Mississippi on 8 October
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KCC pitches Harvey insured losses at $15bn
01 September 2017Figure excludes NFIP losses
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KCC estimates $500m insured losses from Hermine
05 September 2016Category 1 hurricane hit Florida on Friday