Hurricane Manuel, a double-hitter storm that made two landfalls in Mexico last week, left 97 deaths in its wake, and according to EQECAT, an estimated $200 million in insured losses.
Property losses from deadly flooding in Colorado will total nearly $2 billion, about half from housing and half from the commercial and government sectors, catastrophe modeling firm Eqecat said.
Property losses from deadly flooding in Colorado will total nearly $2 billion, about half from housing and half from the commercial and government sectors, catastrophe modeling firm Eqecat said.
Eqecat has released the newest version of its catastrophe risk modeling platform RQE, which includes multiple updates to its country, natural catastrophe, and financial models, as well as the programs work flow and technical integration.
Eqecat has released the newest version of its catastrophe risk modeling platform RQE, which includes multiple updates to its country, natural catastrophe, and financial models, as well as the programs work flow and technical integration.
Due to the countrys strict building codes, modelers do not expect significant insured losses from the magnitude 6.5 earthquake on July 21 in Wellington.
Eqecat and Risk Management Solutions say the Florida Commission on Hurricane Loss Projection Methodology certified the catastrophe modelers' hurricane models for use in residential rate filings.