Reinsurance News

KatRisk

KatRisk expands global catastrophe modelling capabilities with RED acquisition

7th April 2026

KatRisk, a provider of catastrophic risk modelling software to the insurance and financial services industries, has acquired RED, a specialist provider of catastrophe models, including earthquake, flood, landslide, and wind risk models. This acquisition accelerates the development of a high-fidelity U.S. earthquake model and strengthens a multi-peril catastrophe modeling portfolio for ... Read the full article

KatRisk acquires UK-based Symfos, developer of Orchestra platform

13th January 2026

Catastrophe risk model and climate analytics provider KatRisk has acquired Symfos, the UK-based company behind the Orchestra underwriting and portfolio intelligence platform. KatRisk explained that the acquisition will combine its climate and catastrophe modelling with Symfos’ underwriting tools to help insurers move faster, price risk better, and manage growing natural hazard ... Read the full article

Sutton joins KatRisk as General Manager to help accelerate cat risk platform evolution

28th October 2025

Catastrophic risk modelling software provider KatRisk has announced Martyn Sutton, formerly of reinsurance giant Swiss Re, has joined its leadership team as General Manager. Sutton brings over thirty years of leadership experience in insurance and reinsurance software, global market expansion, and innovation. His proven track record of opening new markets, scaling high-performing ... Read the full article

KatRisk launches Perilfinder in North America to improve property risk decisions

9th October 2025

KatRisk, a catastrophic risk modelling software provider, has announced the launch of Perilfinder™, its property risk management platform, in North America. Perilfinder delivers instant, property-level risk intelligence through a single platform. Built with input from underwriters, portfolio managers, and risk managers, it provides fast, flexible, and reliable insights to help teams ... Read the full article

KatRisk acquires location intelligence & property risk assessment firm Gamma

12th May 2025

Catastrophic risk modelling software provider KatRisk has acquired Gamma, a location intelligence and property-level risk assessment firm. According to KatRisk, the acquisition strengthens its commitment to innovation, enhances its technical expertise, and expands its global footprint. KatRisk plans to integrate Gamma’s capabilities in property-level visualisation to deliver intuitive map-based risk insights, dynamic ... Read the full article

KatRisk expands probabilistic flood model to Mexico, Central America & the Caribbean

22nd January 2025

In a move to help communities prepare for climate-related disasters, catastrophe modelling software company KatRisk is bringing its advanced flood modelling software to Mexico, Central America, and the Caribbean. The company's probabilistic models will provide crucial insights into the growing risks of both inland flooding and tropical cyclones. KatRisk, acquired by Read the full article

Technosylva acquires global cat modelling software firm KatRisk

20th November 2024

Technosylva, a provider of wildfire simulation modeller, risk analysis, and operational response software solutions, has acquired global catastrophe modelling software company, KatRisk. The pair will now offer an integrated approach for risk assessment, prediction, and response solutions across wildfires, floods, severe convective storms, and other extreme weather threats. This move aims to ... Read the full article

KatRisk launches new SCS model amid rising losses

19th September 2024

KatRisk, a global catastrophe modelling company, has launched a new Severe Convective Storm (SCS) model to tackle the increasing risks associated with these storms. With SCS events causing $70 billion in insured losses globally in 2023, KatRisk aims to enhance the understanding and management of these risks. The SCS model improves risk ... Read the full article

KatRisk appoints Petros Keshishian and John Tewhill to key roles

19th July 2024

KatRisk recently announced two key appointments: Petros Keshishian as the new Head of Model Engineering and John Tewhill as Enterprise Account Executive. Founded in 2012, KatRisk specialises in catastrophe modelling for various perils, including inland flooding, tropical cyclone wind, storm surge, severe convective storm, and wildfire. Utilising advanced GPU computing technology, ... Read the full article

KatRisk appoints Roger Arnemann to its board of directors

6th February 2024

KatRisk LLC, a catastrophe modelling company founded in 2012, has appointed Roger Arnemann to its board of directors. Arnemann is currently an Executive in Residence at Scale Venture Partners, having previously served as General Manager of Guidewire Analytics. At Guidewire, Arnemann was responsible for building products and driving analytic partnerships, InsurTech investments, ... Read the full article

KatRisk appoints Jeffrey Chen as CEO

10th January 2024

Global catastrophe modeling company, KatRisk, has announced the appointment of Jeffrey Chen as its new Chief Executive Officer (CEO), based out of San Francisco. Chen is a market veteran with more than two decades of experience in the industry, serving in several leadership positions. He joins Katrisk from Verikai, where he has ... Read the full article

KatRisk receives strategic growth investment from TA Associates

3rd November 2023

Global catastrophe modeling software company, KatRisk, has received a significant strategic investment from global private equity firm, TA Associates, to accelerate innovation and growth. KatRisk is a provider of simulation software designed to quantify risk from global weather extremes, such as floods, storm surges, hurricanes, hail, wildfires, and tornadoes. The company's solutions, ... Read the full article

KatRisk estimates Hurricane Ian losses to fall between $29.9bn and $62.1bn

3rd October 2022

Risk-modelling firm KatRisk has estimated that the combined costs from Hurricane Ian, which has battered Florida in the last week, should fall between $29.9bn and $62.1bn. The firm said in a presentation that it estimates economic losses from storm surge to reach somewhere between $10.7bn and $24.9bn, with inland flood losses ... Read the full article

KatRisk adds treaty reinsurance capabilities to cat modelling engine

25th November 2019

Catastrophe risk modeller KatRisk has released an updated version of its SpatialKat modelling suite and FMKat financial model, which include the ability to model treaty reinsurance. As with previously released facultative modelling capabilities, the updated SpatialKat 3.0 and FMKat releases will allow treaties to be applied at the site, policy or ... Read the full article

KatRisk enhances cat modelling engine, financial model

15th April 2019

Catastrophe risk modeller, KatRisk LLC has announced updates to its SpatialKat 2.0 and SoloKat+ software and data, further enhancing its sophisticated cat modelling engine and financial model. KatRisk has revealed a range of updates, noting the firms' ability to quantify U.S. flood risk, both inland and storm surge, by leveraging its ... Read the full article