Weather Risk

AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.

There is a 62% chance that a major hurricane will make landfall along the U.S. coastline.

Much like flooding, earthquakes are not typically covered by a standard home insurance policy.

The island nation produces more than half of the world's laptops, motherboards and network devices.

Fortifying the property and understanding the nuances of homeowners insurance coverage mitigates losses for insureds and insurers.

The effects of climate change are putting some states that have historically had lower premiums in the line of fire for more frequent and severe weather events.

Next-generation wildfire data and risk models allow insurers to pinpoint localized wildfire risk and identify mitigation strategies to lower the propensity for loss.

In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.