Reinsurance News
Fathom
US flood landscape a strategic opportunity for incumbents and disruptors alike: Vardigans, Fathom
9th June 2026
Harry Vardigans, Head of Insurance at Fathom, has suggested the US flood insurance market presents a “profound opportunity” to both reimagine existing and innovate new flood risk products ahead of the July 1 reinsurance renewals. Speaking with Reinsurance News in a recent interview, Vardigans suggested a “new wave” of agile capacity ... Read the full article
Fathom launches new terrain dataset to enhance risk analysis
23rd January 2026
Water risk intelligence firm Fathom has launched FathomDEM+, a global terrain dataset designed to provide a single, uniform, and independently benchmarked view of terrain worldwide, enhancing risk analysis. The programme aims to underpin the next generation of Fathom’s global flood maps, starting with Fathom’s updated Global Flood Map. It is also available ... Read the full article
Swiss Re integrates Fathom data into internal catastrophe model
13th January 2026
Swiss Re has announced that Fathom’s flood hazard and terrain data are now being integrated into its internal catastrophe model, enhancing the reinsurance giant’s understanding of global flood risk. Since acquiring Fathom in December 2023, Swiss Re said its teams have been working to expand and harmonise Fathom’s core datasets ... Read the full article
Climate X announces partnership with Fathom to strengthen global flood risk insights
14th October 2025
Fathom, a specialist in flood risk modelling, has announced a partnership with Climate X, a provider of climate resilience analytics. Through this collaboration, Fathom’s Global Flood Model will be integrated into Climate X’s Spectra and Adapt platforms, expanding their capabilities for assessing and managing climate-related risks. Flooding continues to cause significant disruption ... Read the full article
UK needs £1bn+ annual flood defence investment to tackle climate risks, experts warn
10th February 2025
The UK urgently needs long-term flood defence investment exceeding £1 billion per year to keep pace with climate risks, according to analysis by flood risk modelling firm Fathom, which Flood Re, a joint initiative between the UK Government and the insurance industry, commissioned. The research has revealed that existing flood defences ... Read the full article
Aon collaborates with Fathom to enhance Climate Risk Monitor solution
19th December 2024
Aon has expanded its Climate Risk Monitor solution, launched in March this year, to include enhanced flood risk capability through its most recent collaboration with flood expert, Fathom. This partnership looks to assist clients to better understand the influence of a changing climate on flood perils worldwide. The Climate Risk Monitor allows ... Read the full article
Aon and Fathom launch new Florida Flood Model for state insurers to assess exposures
15th November 2024
Aon, a global professional services firm, has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) to launch its new Florida Flood v3.0 model statewide to assess flood exposures in the state and inform re/insurers' rate filings. Florida Flood v3.0 was developed by Impact Forecasting, Aon’s catastrophe model, ... Read the full article
Insurance industry lagging behind in establishing climate risk committees: Fathom
13th November 2024
A new research report commissioned by Fathom and conducted by IFI Global reveals that the insurance industry is falling behind in establishing dedicated climate risk committees, suggesting that firms would benefit significantly from adopting them to strengthen climate risk management. The findings are based on data from annual and ESG reports ... Read the full article
New cat model brings ‘step change’ to flood risk management: Fathom’s Jones
18th October 2024
Covering all major flood perils globally with a comprehensive representation of uncertainty and conditioned to the current climate, Fathom’s new Global Flood Cat model gives the industry a "step change" in its ability to manage flood risk, according to the firm's Chief Product Officer, Dr Matthew Jones. Built upon Fathom’s Global ... Read the full article
Fathom launches Global Flood Cat model
2nd October 2024
As large-scale flooding increasingly contributes to global insured losses, accounting for $14 billion of 2023's insured nat cat loss total, according to reinsurer Swiss Re, flood risk intelligence firm Fathom has launched Global Flood Cat, a catastrophe model for comprehensive flood risk assessment. Built upon Fathom's Global Terrain Data, FABDEM+ and ... Read the full article
Global flooding to surge by 9-49% this century depending on emission cuts: Fathom
21st August 2024
Water risk intelligence firm Fathom has released a new report on the projections of global flooding under climate change, noting that the risk will increase between 9% and 49% this century depending on efforts to cut greenhouse gas emissions. Fathom's report compares present-day inland and coastal flood risk with a forecast ... Read the full article
Fathom & Aon’s Impact Forecasting to support Canada’s understanding of flood hazard
13th August 2024
Fathom, the flood risk intelligence organisation, part of reinsurance giant Swiss Re, and catastrophe model developer Aon's Impact Forecasting, have been granted a contract by Public Safety Canada, to enhance its understanding of flood hazard across Canada. This comes just a month after Toronto suffered significant damage and disruption from ... Read the full article
Fathom’s flood maps now available in Swiss Re Reinsurance Solutions’ CatNet
23rd July 2024
Swiss Re Reinsurance Solutions has revealed that Fathom's advanced Global, UK, and Japan flood maps are now available within the CatNet risk assessment platform. If you recall, the global reinsurance giant acquired Fathom, the Bristol, UK-based provider of water risk intelligence and flood models back in December of 2023. At the ... Read the full article
Fathom and The World Bank partner to strengthen flood resilience in 16 countries
14th February 2024
Swiss Re's recently acquired, UK-based provider of water risk intelligence and flood models, Fathom, has strategically teamed up with The World Bank to offer its flood data for non-commercial use, free of charge, to 16 countries. The new agreement targets regions that often struggle with limited data resources and are ... Read the full article
Swiss Re acquires flood risk modeller Fathom
14th December 2023
Global reinsurance giant Swiss Re has acquired Bristol, UK-based provider of water risk intelligence and flood models, Fathom, which will retain its own brand and work closely with the firm's Reinsurance Solutions division to further develop and distribute its innovative flood and climate risk data, maps, and models. Swiss Re says ... Read the full article
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