Analytics & Data

Another year of costly natural catastrophes is causing many insurance industry stakeholders to wonder just how many more unexpected levels of loss they can tolerate.

In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of laborand internal debatewe feel the final list weve put together successfully captures the essential news of the past 12 months.

The Florida Commission on Hurricane Loss Projection Methodology has approved catastrophe modeling firm Risk Management Solutions’ new hurricane model.

There’s never a real vacation when it comes to compliance. Many states have either very recent effective dates or impending ones looming large on the horizon that warrant close attention.

An insurer’s data is much more than bits and bytes to be assembled for required regulatory reporting. It is the very lifeblood of the insurance organization and provides the ingredients by which the insight is developed that drives action to improve operational results.

Funding from the federal government is paving a path toward revolutionizing the modeling of storm surge, a Texas University scientist told members of a Senate committee at a hearing held Monday.

An overview of how catastrophe models are used in the industry.

Catastrophe models have become so ingrained in the insurance industry that a model revision can have profound effects on all aspects of the business, especially when loss results for some books of business can double.