Reinsurance News

Global Earthquake Model Foundation

Aon launches earthquake model for Canada through collaboration with GEM

23rd February 2023

Global professional services firm Aon, has announced the launch of a new probabilistic catastrophe model to quantify loss potential for earthquake risk in Canada. Developed by the broker’s Impact Forecasting team, the model represents the outcome of a collaboration with the Global Earthquake Model (GEM) Foundation, of which Aon recently became ... Read the full article

CelsiusPro partners with Global Earthquake Model Foundation

28th November 2022

Swiss InsurTech CelsiusPro has announced it has partnered with Global Earthquake Model (GEM) Foundation to enhance earthquake modelling capabilities and products. Based on GEM models, CelsiusPro will generate stochastic long-term earthquake catalogues and corresponding shake maps for different ground motion parameters. Dr Alireza Khodaverdian, Earthquake Risk Specialist at CelsiusPro, explained that the ... Read the full article