NEW YORK--(BUSINESS WIRE)--Ultimate Risk Solutions (“URS”) is proud to announce its important contribution into assisting Uzbekinvest Export-Import Insurance Company of Uzbekistan (“Uzbekinvest”) in ...

Schroders Capital’s insurance-linked securities (ILS) division has partnered with ETH Zurich, a public university in Zurich, ...

Ruin theory has emerged as a pivotal branch of actuarial science, offering a robust mathematical framework to quantify the risk of insolvency in both insurance and financial contexts. At its core, the ...

The nearly $1.6 million project secured $1.05 million in NSERC grants. An additional $525,000 will be provided by UQAM’s ClimACT, which is funded by three of Canada’s top property and casualty ...

Seen through an actuarial lens, the changing climate is not an ideology. It’s a risk management challenge already reshaping ...

The combined technologies will provide (re)insurers and brokers with access to wider views of risk, facilitating global resilience for individuals, communities and businesses BOSTON and NEW YORK, ...

The California Department of Insurance (CDI) has approved the Verisk Wildfire Model for insurers to assess wildfire risk, marking a significant advancement in California's insurance sector. This model ...

As senior leaders in the insurance industry, we're on the cusp of guiding a significant evolution—one where we could see Claims Magazine's perennial Hall of Shame of Insurance Fraud become a relic of ...

Mercury Insurance is preparing to file updated home policy rates in California using a new catastrophic modeling system designed to give property owners a lifeline to more affordable coverage in ...

Hurricanes, hailstorms, deep freezes and flash floods are occurring more often, impacting project schedules, budgets and ...

Insurance risk is the probability of an adverse event that causes an insurance claim. Learn how business insurance risk is assessed and how to lower it.