October 4, 2024 - Verisk (VRSK, Financial) just launched its "Whitespace" in the U.S. Whitespace is a data analytics platform designed to help insurance companies identify and analyze untapped market opportunities. Whitespace was initially launched in the London market and has now expanded to the US. The product has seen significant growth in London, with nearly 170,000 lines written in 2024, compared to just 50,000 in 2022. This success demonstrates the value that Whitespace can bring to the (re)insurance ...

JERSEY CITY, N.J., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Verisk (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 platform of its kind, Whitespace caters to different business classes and geographical regions, now including U.S.- based brokers, ...

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 weather event was caused by a Vb ("five-b") weather system, a relatively unusual setup ...

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-crop losses making up $119 billion). Additionally, the average exposure growth is expected to be 7.2 percent, including growth in property replacement values from new construction and inflation across modeled countries over the past five years. These fin ...

JERSEY CITY, N.J., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, today reported that half-year 2024 gains for the insurance industry are estimated to be $95 billion. Adjusting for over $50 billion in capital gains realized by one insurer, first half 2024 gains are estimated to be approximately $45 bi ...

JERSEY CITY, N.J., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, today reported that half-year 2024 gains for the insurance industry are estimated to be $95 billion. Adjusting for over $50 billion in capital gains realized by one insurer, first half 2024 gains are estimated to be approximately $45 bi ...

JERSEY CITY, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Verisk (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. Liberty Science Center is a nonprofit learning center with a mission to excite learners of all ages about the power, promise and pure fun of science, technology, engineering and math. The Center's mission aligns with Verisk's longstanding commi ...

JERSEY CITY, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Verisk (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. Liberty Science Center is a nonprofit learning center with a mission to excite learners of all ages about the power, promise and pure fun of science, technology, engineering and math. The Center's mission aligns with Verisk's longstanding commit ...

Verisk Analytics, Inc. (NASDAQ:VRSK) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Stacey Brodbar - Head, IR Lee Shavel - President and CEO Elizabeth Mann - CFO Saurabh Khemka - President, Core Lines Conference Call Participants Manav Patnaik - Barclays Surinder Thind - Jefferies Toni Kaplan - Morgan Stanley Ashish Sabadra - RBC Capital Markets Andrew Steinerman - JPMorgan Gregory Peters - Raymond James Alex Kramm - UBS Financial Jeff Meuler - Baird Kelsey Zhu - Autonomous R ...

Verisk Analytics Inc. (VRSK) has reported mixed second-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues missed the same. VRSK's adjusted earnings (excluding 41 cents from non-recurring items) were $1.7 per share, surpassing the Zacks Consensus Estimate by 6.8% and rising 15.2.% from the year-ago quarter. Total revenues of $716.8 million missed the consensus estimate marginally while increasing 6.2% on a year-over-year basis. VRSK shares have gained 19.7% over the ...