Lockton Re Selects Verisk U.S. Agricultural Risk Models to Develop New (Re)Insurance Solutions
Verisk Analytics, Inc. (VRSK)
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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Source: GlobeNewswire
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 Verisk’s agricultural risk modeling solutions – 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 losses. Given significant changes to premium rates and commodity rates, simply relying on historical losses to assess today’s risk is insufficient for reinsurers and insurers. Verisk’s models offer comprehensive, scientific and stochastic insights into the risks facing the U.S. crop industry today, supporting clients seeking to maximize profitability and address the challenges of actuarial pricing in the market. Verisk’s models, including the U.S. Cr
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VRSK
Earnings
- 10/30/24 - Beat
VRSK
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- 12/16/24 - Form 4
- 12/16/24 - Form 144
- 11/18/24 - Form 4
- VRSK's page on the SEC website