The partnership is designed tol grant RiskMeter users access to RMS’ AAL and PML data for earthquakes, windstorms (hurricanes), winterstorms and severe convective storms (tornado and hail), as well as information on distance to coastline, Mercalli scores, soil type, proprietary hurricane and earthquake scores and risk profiles.
Extreme weather will likely spur more than $20 trillion in global spending over the next decade, according to analysts at Bloomberg Intelligence.
While insurance coverage has broadly kept pace with rising catastrophe exposure, the protection gap — in absolute terms — has gone up as the value of exposed assets has grown, the Swiss Re Institute said on Wednesday.
AI is reshaping not only how insurance firms operate, but also how policyholders shop — a trend that is both cutting costs and increasing revenue.
High-resolution aerial imagery and property intelligence are enabling insurers to compress the time between landfall and portfolio-level understanding from weeks to days.
There were about 50 funding events in the insurtech sector in May 2026, according to a review by Digital Insurance.
Deloitte released its 2026 Insurance Prediction, which explores how agentic AI is poised to reshape life insurance distribution and reach.
