Workflow
Catastrophe Modeling
icon
Search documents
Looking for the Next Big Pop? Here’s Why Recursion Pharmaceuticals (RXRX) Could Do a Dead-Cat Bounce
Yahoo Finance· 2025-09-25 13:15
It’s a sign that’s impossible to ignore. As you soon as you pull up the Price Overview for Recursion Pharmaceuticals (RXRX), you’re greeted with a clear message: Barchart’s Technical Opinion indicator rates RXRX stock as a 72% Strong Sell. From an empirical perspective, suggesting a contrarian position would place you on shaky ground. Since the start of the year, RXRX stock is down nearly 28%, which in many respects is understandable given the uncertainties associated with the broader healthcare ecosystem ...
Verisk Unveils First-of-Its-Kind SRCC Catastrophe Model for the U.S. to Quantify Political Violence Risks
Globenewswire· 2025-04-30 09:15
Core Insights - The insurance industry has faced over USD 10 billion in insured losses from strikes, riots, and civil commotion (SRCC) since 2010, significantly higher than the less than USD 1 billion attributed to terrorism [1][2] - Verisk has introduced the first catastrophe model specifically for SRCC events in the U.S. to help insurers quantify financial impacts and enhance risk management strategies [1][4] Group 1: Financial Impact of SRCC Events - Since 2010, global insured losses from SRCC events exceed USD 10 billion, while terrorism-related losses are below USD 1 billion [2] - In the last six years, five SRCC events have each caused over USD 1 billion in global insured losses [2] - The U.S. has experienced approximately USD 3 billion in insured losses from SRCC events [2] Group 2: Verisk's SRCC Model - The SRCC Model features a 500,000-year stochastic catalog that assesses the frequency and severity of unrest across every ZIP Code in the U.S. [3] - The model evaluates key risk drivers, including social and economic trends, political factors, and historical protest patterns [3] - It aims to provide enhanced insights for exposure management and catastrophe modeling, moving beyond traditional historical data [3] Group 3: Underwriting and Risk Management - Verisk's SRCC Model is designed to empower insurers to improve underwriting strategies and make informed decisions regarding pricing, capital allocation, and risk management [4] - The model combines nearly 40 years of catastrophe modeling expertise with over 15 years of experience in quantifying political violence [4] - It allows insurers to estimate potential insured losses, create robust underwriting guidelines, and assess tail risk through plausible extreme scenarios [6]