Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of ...

Lemonade's AI-driven underwriting is showing promising progress, and its latest move could bring it one step closer to ...

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 ...

Global financial technology leader FIS® has received two major industry awards recognizing innovation in risk technology. FIS ...

California earthquake insurers may be materially understating their most severe loss scenarios because catastrophe models do ...

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.

Insurance carriers have always relied on data to understand risk. What has changed dramatically, however, is how that data is ...

Key insight: Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many concerns about artificial intelligence, and especially agentic AI, ...

Insurers are increasingly combining catastrophe models with proprietary research and underwriting judgement to build their ...