GCube to use Renew Risk’s cutting-edge catastrophe risk model software for offshore wind assets to offer more tailored and competitive pricing Renew Risk’s ground-breaking models consider a broad ...

Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV. As climate change accelerates, so does the need for ...

Benchmarking is also reshaping how the market handles climate, a risk Moore worries has "fallen a little by the wayside" as ...

Statistical modelling of insurance claims encompasses a suite of quantitative techniques designed to characterise, predict and manage the financial liabilities arising from insured peril events.

NEW YORK--(BUSINESS WIRE)--Aanika is already on track to exceed $50 million in risk exposure by the end of the month — a milestone that signals the company’s transition from R&D to full commercial ...

Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...

New vertical AI orchestration system brings intelligence, agents, models, workflows, governance, and human oversight into a ...

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

Hiscox has partnered Bellwether, a team at X, Alphabet’s Moonshot Factory, to introduce a new approach to wildfire modelling for the Californian insurance market. The collaboration involves Hiscox ...

Over time, investment portfolios can drift away from their original allocation. This can happen for a range of reasons. A new fund manager could deviate from a fund’s original process. Fund managers ...