Natural hazard & catastrophe modelling · Verisk Analytics

Verisk Extreme Event Solutions

Catastrophe modelling division (formerly AIR Worldwide) providing probabilistic loss models for insurers and reinsurers.

Verisk Extreme Event Solutions is the former AIR Worldwide, one of the two dominant catastrophe modelling franchises in the insurance industry, acquired by Verisk in 2023. Its Touchstone platform runs probabilistic models for hurricane, earthquake, severe convective storm, flood, wildfire, terrorism, pandemic, cyber and casualty-catastrophe risk across more than 110 countries, producing exceedance-probability loss curves used to price and reserve for catastrophe exposure. It is delivered as licensed software or cloud-hosted analytics to insurers, reinsurers, brokers, ILS managers and governments. Its closest rivals are Moody's RMS and Karen Clark & Company, whose founder also founded AIR.

At a glance

Vendor Verisk Analytics
Pricing model Quote only
Free tier No
Deployment Cloud, Self-hosted
Open source No
Best for Insurers, reinsurers and ILS managers pricing and reserving for natural catastrophe risk.

Pricing

Licensed per model/territory to insurers and reinsurers; pricing is quote-only and not published.

Pricing has not been verified yet — see the vendor's site.

Features

  • Probabilistic catastrophe models for hurricane, earthquake, severe convective storm, flood and wildfire
  • Touchstone modelling and portfolio-analytics platform
  • Exceedance-probability loss curves for pricing and reserving
  • Coverage across 110+ countries
  • Climate-conditioned catastrophe model variants
  • Insurance-linked securities and reinsurance analytics
  • Site-specific engineering risk analysis
  • Terrorism, pandemic and cyber catastrophe models

Integrations

Profile last reviewed September 21, 2026

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