S&P Global (SPGI) has announced a strategic data-sharing agreement with Verisk to provide climate catastrophe risk analytics for the insurance and finance sectors. This partnership combines S&P’s climate projections with Verisk’s insurance modeling to help quantify insured and uninsured losses from future climate events. The agreement includes integrating Verisk’s risk data into S&P Global’s platform, utilizing Verisk’s Touchstone for flood projections, and offering “decision-grade” metrics for portfolio stress testing.
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S&P Global (SPGI) Enters a Strategic Data Sharing Agreement with Verisk
S&P Global (SPGI) has announced a strategic data-sharing agreement with Verisk to provide climate catastrophe risk analytics for the insurance and finance sectors. This partnership combines S&P’s climate projections with Verisk’s insurance modeling to help quantify insured and uninsured losses from future climate events. The agreement includes integrating Verisk’s risk data into S&P Global’s platform, utilizing Verisk’s Touchstone for flood projections, and offering “decision-grade” metrics for portfolio stress testing.