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 ...

Ryan Specialty Holdings (NYSE:RYAN) is rolling out AI tools to cut costs and refine risk assessment in its insurance operations. The company is applying AI to underwriting and risk modeling as the ...

Cyber insurance is shifting from historical data analysis to proactive risk modeling, leveraging AI to predict and mitigate ...

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 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 ...

The FDIC said Friday the revised guidance clarifies that model risk management should be tailored to the size, complexity and model risk profile of a banking organization. The guidance highlights ...

Broker Aon states that intensifying  flood and drought patterns are reshaping risk profiles across global insurance and reinsurance markets, according to ...

The hidden drivers of disaster losses force a rethink in re/insurance modelling, says Gallagher Re science chief ...