reports
Lockton Re Selects Verisk U.S. Agricultural Risk Models to Develop New...
Lockton Re Selects Verisk U.S. Agricultural Risk Models to Develop New (Re)Insurance Solutions BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Lockton Re, a leading global reinsurance broker, has announced a strategic collaboration with Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, to bring new (re)insurance products to the market. Lockton Re will use – including Verisk's Multiple Peril Crop Insurance (MPCI) and Crop Hail Model for the U.S. – to understand how climate change and meteorological factors are impacting crop production and potential insured losse...
Verisk Offers Insurers Address-Level Insights to Better Assess Fire Pr...
Verisk Offers Insurers Address-Level Insights to Better Assess Fire Protection Capabilities LOCATION® Property Protection Score™ (PPS) measures homeowners fire protection with deeper granularity and enhanced scoring criteria JERSEY CITY, N.J., Nov. 19, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, today introduced LOCATION® Property Protection Score™ (PPS), which provides insurers with a score that represents fire protection capabilities at the address level. This score supports an insurers’ ability to accurately rate and underwrite...
Verisk Analytics Inc: 2 directors
Two Directors at Verisk Analytics Inc sold 2,200 shares at between 283.600USD and 286.490USD. The significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ove...
Verisk Reports Third-Quarter 2024 Financial Results
Verisk Reports Third-Quarter 2024 Financial Results Consolidated revenues were $725 million, up 7.0%, and up 6.8% on an organic constant currency (OCC) basis for the third quarter of 2024.Income from continuing operations was $220 million, up 17.4% for the third quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $401 million, up 9.4%, and up 7.2% on an OCC basis. Diluted GAAP earnings per share from continuing operations (diluted EPS) were $1.54 for the third quarter of 2024, up 19.4%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.67, up 9.9%...
Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insur...
Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insurance JERSEY CITY, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI). FACI provides advice and recommendations to assist the Federal Insurance Office (FIO) within the U.S. Department of the Treasury in carrying out its duties and authorities in monitoring the insurance industry. The committee is limited to 25 members and inc...
Verisk to Announce Fiscal Third-Quarter 2024 Results on October 30, 20...
Verisk to Announce Fiscal Third-Quarter 2024 Results on October 30, 2024 JERSEY CITY, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fiscal third quarter ended September 30, 2024, on Wednesday, October 30, 2024, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at . Verisk’s management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, Oc...
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene ...
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion BOSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind, storm surge and hurricane precipitation induced flood in the U.S. for Hurricane Helene will range between USD 6 billion to USD 11 billion. Please note that this figure does not include NFIP losses. Meteorological History of Helene On September 23, the National Hur...
Verisk Announces U.S. Expansion of Industry-Leading (Re)Insurance Plat...
Verisk Announces U.S. Expansion of Industry-Leading (Re)Insurance Platform Whitespace Verisk’s Whitespace connects global E&S and specialty insurance markets, driving efficiency, growth and real-time collaboration JERSEY CITY, N.J., Oct. 04, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced the U.S. launch of Whitespace, an all-in-one intuitive platform which enables brokers, underwriters and managing general agents (MGAs) to offer, negotiate and place business in the global (re)insurance market. The only truly digital pl...
Verisk Estimates Industry Insured Losses from Flooding in Central Euro...
Verisk Estimates Industry Insured Losses from Flooding in Central Europe to Range from EUR 2 Billion (~USD 2.2 Billion) to EUR 3 Billion (~USD 3.4 Billion) BOSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses from the flooding in Czechia, Poland and Austria in September 2024 will range from EUR 2 billion (~USD 2.2 billion) to EUR 3 billion (~USD 3.4 billion). Like the June flood event in Europe that primarily impacted Germany, this weath...
New Report: Average Annual Natural Catastrophe Losses for the Insuranc...
New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in anticipated costs BOSTON, MA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, is newly reporting the average annual loss (AAL) from global natural catastrophes has reached a new high of $151 billion (with non-...
Update: U.S. Insurance Industry Begins to See Surplus Recovery, Booste...
Update: U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Half Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization Verisk & APCIA report that capital gains helped fuel surplus recovery and offset industry losses, amidst inflation impacts and natural catastrophe events JERSEY CITY, N.J., Aug. 28, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, and (APCIA), the primary national trade association for home, auto and business insurers, today reported that half-year 2024 gains for...
U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by Fir...
U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Quarter Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization Verisk & APCIA report that capital gains helped fuel surplus recovery and offset industry losses, amidst inflation impacts and natural catastrophe events JERSEY CITY, N.J., Aug. 28, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, and (APCIA), the primary national trade association for home, auto and business insurers, today reported that half-year 2024 gains for the ...
Moody's Ratings upgrades Verisk senior unsecured rating to Baa1 from B...
Moody's Ratings (Moody's) upgraded Verisk Analytics, Inc.'s (Verisk) long-term senior unsecured rating to Baa1 from Baa2. The outlook was changed to stable from positive. "A unique set of must-have insurance products and services, including (but not limited to) Verisk's core ISO underwriting infor...
Verisk Chief Human Relations Officer Sunita Holzer Joins Liberty Scien...
Verisk Chief Human Relations Officer Sunita Holzer Joins Liberty Science Center’s Board of Trustees The distinguished nonprofit learning center’s mission aligns with Verisk’s core values of learning and caring, reflecting the company’s longstanding commitment to innovation and research JERSEY CITY, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that its Chief Human Relations Officer, Sunita Holzer, has been elected to Liberty Science Center’s Board of Trustees. is a nonprofit learning center with a miss...
Verisk Reports Second-Quarter 2024 Financial Results
Verisk Reports Second-Quarter 2024 Financial Results Consolidated revenues were $717 million, up 6.2%, and up 6.0% on an organic constant currency (OCC) basis for the second quarter of 2024.Income from continuing operations was $308 million, up 50.7% for the second quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $397 million, up 8.8%, and up 8.5% on an OCC basis. Diluted GAAP earnings per share from continuing operations (diluted EPS) were $2.15 for the second quarter of 2024, up 52.5%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.74, up ...
Verisk Maplecroft launches investor solution mapping global risk expos...
Verisk Maplecroft launches investor solution mapping global risk exposure of public companies across 4M+ corporate assets LONDON, July 25, 2024 (GLOBE NEWSWIRE) -- Risk intelligence company Verisk Maplecroft (Nasdaq: VRSK) has today launched a new data solution assessing location-specific risks to the assets of over 50,000 publicly traded companies. It provides investors with one of the most comprehensive views available of corporate exposure to global climate, environmental, human rights and political risks. Combining the locations of 4 million+ corporate assets with industry-leading ge...
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Beryl W...
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Beryl Will Range Between USD 2 Billion to USD 3 Billion BOSTON , July 19, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between USD 2 billion to USD 3 billion. Meteorological History of Beryl Beryl formed on the evening of June 28, quickly becoming a hurricane on the 29 and strengthening into a major hurricane the following d...
Verisk to Announce Fiscal Second-Quarter 2024 Results on July 31, 2024
Verisk to Announce Fiscal Second-Quarter 2024 Results on July 31, 2024 JERSEY CITY, N.J., July 10, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fiscal second quarter ended June 30, 2024, on Wednesday, July 31, 2024, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at . Verisk’s management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, July 31 at 8:3...
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