Reinsurance News
Verisk
Verisk is a leading strategic data analytics and technology partner to the global insurance and reinsurance industry.
Read our Verisk insurance or reinsurance news and analysis below.
Verisk withdraws from AccuLynx acquisition
30th December 2025
Verisk, a data analytics and technology provider to the insurance and energy industries, has terminated its definitive agreement to purchase AccuLynx, a SaaS platform providing end-to-end business management workflow for residential property contractors with expertise in roofing. This decision follows the notification by the Federal Trade Commission (FTC) was unable to ... Read the full article
Verisk and KYND expand collaboration to strengthen cyber resilience
10th December 2025
Verisk, a global data analytics and technology provider to the global insurance industry, has expanded its strategic collaboration with KYND, a provider of cyber risk management services, to bring enhanced cyber risk intelligence to the insurance market. According to research from KYND, 80% of the UK’s top 50 retailers are exposed ... Read the full article
Verisk estimates Hurricane Melissa insured losses could reach $4.2bn
3rd November 2025
The Extreme Event Solutions group at Verisk has estimated that industry insured losses to onshore property in Jamaica from Hurricane Melissa will likely range from $2.2 billion to $4.2 billion. The global data analytics and technology firm provided a meteorological context for the event, noting that Melissa became a hurricane on ... Read the full article
Verisk reports 5.9% revenue and 2.5% net income increase in Q3’25
30th October 2025
Verisk Analytics, a data analytics and technology provider, announced its financial results for the third quarter of 2025, reporting $768 million in revenue, up 5.9%, and up 5.5% on an organic constant currency (OCC) basis. Net income also experienced a slight increase to $226 million, up 2.5%, mainly driven by revenue ... Read the full article
Verisk promotes Saurabh Khemka to President of Underwriting Solutions
6th October 2025
Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has named Saurabh Khemka as President of Underwriting Solutions, effective immediately. In his new role, Khemka will oversee all of Verisk’s Underwriting Solutions business. He is a Verisk veteran, having held several leadership roles since joining ... Read the full article
Verisk launches XactAI to streamline property claims processing
1st October 2025
Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has introduced XactAI, a new suite of artificial intelligence tools aimed at improving the efficiency and consistency of property claims handling. XactAI is integrated into Verisk’s Xactware platform, widely used by insurance professionals and claims ... Read the full article
Three-year downward trend in property claims continued in Q2’25: Verisk
19th September 2025
The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report. Verisk attributed the decline in claim volume to non-CAT claims, which dropped 16.8%. ... Read the full article
Verisk launches generative AI commercial underwriting assistant
16th September 2025
Verisk, a strategic data analytics and technology partner to the global insurance industry, has launched its Commercial GenAI Underwriting Assistant, a new cloud-based solution designed to transform commercial property underwriting. The tool aims to help insurers make faster, more informed decisions, enhancing profitability in an increasingly complex market. This new solution leverages ... Read the full article
Average annual insured losses from nat cats rise to $152bn: Verisk
2nd September 2025
The global modelled insured average annual property loss (AAL) from natural catastrophes has increased to $152 billion, according to the latest annual report from Verisk’s Extreme Event Solutions business. This means that the insurance industry should now be prepared for total annual insured property losses from natural catastrophes that far exceed ... Read the full article
Verisk names Spear CTO of Extreme Event Solutions
14th August 2025
Verisk, a global data analytics and technology provider, has announced the appointment of Eric Spear as Chief Technology Officer (CTO) for Verisk’s Extreme Event Solutions. “We’re thrilled to welcome Eric to Verisk,” said Rob Newbold, president of Extreme Event Solutions at Verisk. “His experience in predictive analytics and risk modelling and ... Read the full article
Verisk to acquire AccuLynx for $2.35bn
30th July 2025
Verisk, a data analytics and technology provider to the insurance and energy industries, has entered into a definitive agreement to acquire AccuLynx, a SaaS platform providing end-to-end business management workflow for residential property contractors with expertise in roofing, for $2.35 billion in cash, expected to close by the end of ... Read the full article
Mercury prepares homeowners insurance rate filing using Verisk Wildfire Model
29th July 2025
Mercury Insurance, a provider of property and casualty insurance, is preparing a homeowners insurance rate filing using the California Department of Insurance’s (CDI) recently approved Verisk Wildfire Model. Last week, the CDI completed its review of the Verisk Wildfire Model for use by insurers in assessing wildfire risk and property ... Read the full article
CDI completes review of Verisk’s wildfire model to help address California’s coverage crisis
25th July 2025
The California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the US, approving it for use by insurers in assessing wildfire risk and property insurance ratemaking—marking it as the first catastrophe model to successfully complete evaluation under the state’s new regulatory framework. This marks a ... Read the full article
WTW enhances Radar with integration of Verisk’s ISO ERC
30th June 2025
WTW, an advisory, broking, and solutions firm, has launched a new feature in its analytics deployment solution, Radar, enabling users to accurately adjust to market price movements in real time by incorporating Verisk’s ISO Electronic Rating Content (ISO ERC). In today’s competitive environment, insurers need fast, reliable access to the latest ... Read the full article
Q1’25 property claims hit five-year low despite severe weather: Verisk
19th June 2025
According to Verisk’s Quarterly Property Report, claims volume continued to decline in the first quarter of 2025, reaching a five-year low despite significant weather events in several regions. The quarter ended with a total of 1,059,323 claims, comprising 700,394 non-catastrophe (non-CAT) claims—the lowest in five years—and 358,929 catastrophe (CAT) claims. Overall claim ... Read the full article
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