GCube to use Renew Risk’s cutting-edge catastrophe risk model software for offshore wind assets to offer more tailored and competitive pricing Renew Risk’s ground-breaking models consider a broad ...

Financial institutions need model risk management software that can discover hidden spreadsheets and EUCs, govern formal statistical and ...

The increasing need for capital to manage and mitigate natural hazard risk is creating strong opportunities for investors, according to Schroders Capital, ...

Moody’s Corporation (NYSE:MCO) announced today that the Moody’s RMS U.S. Wildfire Model v2.0 has successfully completed the review process established by the California Department of Insurance (CDI).

Massive amounts of data are now accessible in real time. As a result, the insurance industry is rapidly evolving from a risk transfer model toward a more active prediction and prevention model. Thanks ...

RockRose Risk, the insurance brokerage giving property owners discounts for wildfire mitigation, today announced it has raised a $12.5 million Series A co-led by Crosslink Capital and Congruent ...

Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV. As climate change accelerates, so does the need for ...

Risk management is critical to business success, and using a risk maturity model gives companies the assessment tools they need to ensure they're prepared to manage risks effectively. Risk maturity is ...

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

Statistical modelling of insurance claims encompasses a suite of quantitative techniques designed to characterise, predict and manage the financial liabilities arising from insured peril events.

The Hanover Insurance Group gets its prior buy rating reaffirmed, agreeing with today's consensus from Wall Street and Seeking Alpha analysts. Top-line growth factors help move the needle to a bullish ...