Hazard HQ
Three Things to Know About the Germany Flooding
July 19, 2021 | 11:41am CT | 4:41pm GMT The flooding has been severe and is likely to continue over the next few days Severe
July 19, 2021
Increasing uncertainty with regard to the severity and frequency of catastrophic events is challenging the P&C insurance industry to revisit existing catastrophic risk management and loss adjustment strategies by improving the overall understanding of all natural hazards. Traditional methods for viewing and analyzing risk have evolved—leaving behind, for some companies, inefficient legacy systems.
With 6 continents, 100+ countries/territories, and 185+ models, CoreLogic has the breadth, depth, and granularity to get you the data you need, enabling you to stand with us at the forefront of next-level catastrophe modeling.
How Can We Help You?
With country peril models spanning 90% of the world’s GDP, CoreLogic can provide the analysis of your data your way—be it API, on-premise, cloud-enabled, and beyond.
Earthquakes Cause Major Loss and Disruption to Society
Damage caused by earthquakes can be catastrophic and has both a human and financial impact. Earthquakes cause ground motion and displacement of the earth’s surface, resulting in damage to the built environment, including buildings and their contents.
Our earthquake models include:
- US Earthquake
- Japan Earthquake & Tsunami
- Italy Earthquake
- Canada Earthquake
- Southeast Asia Earthquake
- Australia Earthquake
- Arabian Peninsula Earthquake
- Latin America Earthquake
- European Earthquake
- South Korea Earthquake
Cyclones Cause Devastating Damage and Insurance Loss.
The significant damage potential from tropical cyclones presents challenges to risk managers when quantifying potential losses to their books of business.
Our cyclone models include:
- North Atlantic Hurricane Model
- Asia Typhoon
- Arabian Peninsula Cyclone
- U.S. Offshore Energy (Gulf of Mexico Hurricane)
- European Windstorm
Flood Damage Comes in Many Different Forms
As flood risk evolves due to urbanization and change in baseline stream and sea levels, the flood risk methodology from CoreLogic is designed to stay abreast of the latest risk data and research. Our methodology ensures continuity of risk insights into the future in order to deliver a comprehensive analytic view of the risk.
Our flood models include:
- U.S. Inland Flood
- European Flood
Convective Storms are one of the Most Damaging Perils in the United States
Severe convective storms are among the most common and most damage-inducing natural catastrophes in the United States. The losses from these storms have only increased due to population growth and economic development. CoreLogic’s model provides granular results for better risk differentiation, pricing and managing financial risk from severe convective storms to capture the extreme complexities of the sub-perils—tornadoes, hail and straight-line winds.
Our severe convective storm models include:
- U.S. Severe Convective Storm
Wildfires Cause Major Damage in Rural and Urban Boundaries
Development sprawl and the increase in vacation properties being built in rural areas are key reasons why this peril has increasing importance to insurers and other stakeholders.
Our wildfire models include:
- U.S. Wildfire
Hazard HQ Keeps You up to date on Catastrophes as they Occur
We know clarity is important amidst the chaos of catastrophic situations—from blazing wildfires to powerful hurricanes battering the coasts—so we want to make sure you’re finding all the information you need to be up to date in one place.
At Hazard HQ™ you’ll find press releases, explanations of how our data works, commentary about what kind of damage we foresee, and critical thinking on what it takes to be more resilient in the face of natural hazards—be it a hurricane, volcano, earthquake, or beyond.
Ready To Take Action on Catastrophe Risk Management Solutions?
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Related Intelligence
Hazard HQ
Three Things to Know About Tropical Storm Elsa
July 7, 2021 | 11:57 AM CT What’s happening? Elsa made landfall as a Tropical Storm along the western Florida coast roughly 50 miles southeast
July 7, 2021
Claims Adjusting
3 Challenges Facing Insurers in Hazard Risk and How to Solve Them
Insurers need to effectively assess the hazard risk of individual policies, understand potential losses from catastrophic events and estimate losses properly after severe weather impacts on their portfolio.
July 1, 2021