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Climate Change SolutionsVerisk

Models to help you prepare operational and strategic resilience initiatives that meet the needs of all stakeholders.

Vendor

Vendor

Verisk

Product details

Verisk provides science-based climate risk solutions: comprehensive data sets and tools to address climate change risks, tackling the industry’s biggest challenges.

Are you prepared for the economic fallout of climate change?

The Intergovernmental Panel on Climate Change (IPCC) estimates that global economic loss would total $54 trillion by 2100 with 1.5°C of warming, $69 trillion with 2°C of warming, and $551 trillion with 3.7°C of warming. As payouts increase, so will the price of protection.

Assess the risk of climate change to different lines of business

Our climate change solutions help you understand the growing risks and rising losses from physical and liability aspects of climate change, so you can prepare operational and strategic resilience initiatives that meet the needs of all stakeholders.

Improve climate risk insights and streamline reporting

A near-present view of risk for climate disclosure, sustainability and resilience combine with specific studies for strategic planning and answering stakeholder questions.

Stress-test and rebalance your portfolios

Climate change liability scenarios help pinpoint the sensitivity of your portfolio to liability risks resulting from the changing climate.

Get peril-specific insights

Verisk’s atmospheric peril models are updated frequently to reflect the climate change that has already happened.

Features and capabilities

Climate change-conditioned projections

These projections can help identify the sensitivity of your portfolio and provide a range of possibilities on how future climate change can impact average annual losses (AALs) and other metrics under different socioeconomic scenarios with different climate policies.

Extensive documentation

Model documentation for atmospheric perils includes a climate change chapter highlighting the consideration of historical trends during model development, the underlying model data, and validation of the model from a climate change perspective.

Climate Change Risk Indices

These indices from Verisk Maplecroft® help you understand and evaluate the exposure of your operations, supply chains, and investments to climate change-related risks.

Custom event frequency in Touchstone®

Resample a stochastic catalog in Touchstone for stress testing, model validation, and creating your own view of risk.

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