Models

Verisk first to apply for California's new wildfire model review

Comes as state's Sustainable Insurance Strategy took effect on 2 January

InsuranceERM's 2024 review: Natural catastrophes and politics collide

Reask, JBA and Tremblor model risk for Pacific cat insurance programme

Political risk insurers must reassess risk models as global tensions rise

Shifting political landscapes give insurers a lot to consider in 2025, says Kennedys

Offshore reinsurance is "net credit negative" for US life insurers, says Moody's

Regulators are looking into this development as volumes soar

IR&C EMEA: CROs weigh the future of risk functions amid rising challenges

Strategic alignment and efficiency dominate CRO discussion

USAA raises California rates by 48.5% via backward model use

Insurer using AIR model for assessment as CDI works on new model rules

Aon unveils updated Florida flood model

Social inflation and PFAS risk named as key threats for US casualty market

AM Best experts warn of mounting pressures in the sector

California public wildfire model development no easy task

CDI's model could take five years to develop

California insurance department launches first parametric flood solution

State looks for new ways to tackle climate change impacts

Hurricane Milton insured losses estimated between $30bn to $50bn by Verisk

Most of losses attributed to wind damage

Mortality rates for young adults remain high, CMI reports

Hurricane Milton could exhaust US P&C insurers' natcat budgets

S&P Global Ratings says Milton is poised to be a significant event for the global reinsurance industry

FRC updates actuarial guidance on AI and machine learning usage