With more than 35 concurrent sessions, Verisk Insurance Solutions Customer Conference 2013 will give you opportunities to stay up to date with emerging trends, network with colleagues, and hear about our latest products and services. Here are just a few of the sessions we’re offering at the conference: Policy Monitoring: The Next Generation of Underwriting [...]
When a company is structuring a catastrophe bond, it’s free to choose whichever modeling agent it deems best. As part of the evaluation process, the company doesn’t take model results at face value, but instead places intense scrutiny on catastrophe model output. Such due diligence is, in some ways, the purest form of model evaluation [...]
This year may be one of the most active in the history of the catastrophe bond market, but the headline issuance number is just the first noteworthy aspect. The sector has reached several major milestones in 2012, all of which point to the future health — and growth — of this form of risk transfer. [...]
No longer are catastrophe bonds a specialized niche market; they’ve become a standard part of the risk transfer strategies of many insurers and reinsurers. This year’s issuance statistics convincingly reflect that trend. According to Verisk’s Property Claim Services (PCS), issuance of cat bonds reached $3.6 billion in the first half of 2012. (That’s double the [...]
Like all of you, I, and everyone at Xactware, have been closely watching the events in Japan. Certainly our hearts go out to the many victims of the earthquake and tsunami. Much of the disaster is still unfolding and the full extent of the damage is still being calculated, but it’s already clear that there has been a significant loss of life and years of rebuilding are ahead.
Many of our customers are surprised to learn about the wide range of products and services we offer to auto writers. We often hear “I didn’t know you guys did that!” Many of these programs are relatively new and have resulted from the ISO and Verisk product development and business expansion strategies…