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Description

HurLoss represents ARA's advanced hurricane catastrophe model tailored for property insurers, reinsurers, brokers, and ILS managers to adeptly navigate risks in regions susceptible to hurricanes. Since its inception in 1998, HurLoss has served as the cornerstone for structural engineering standards in hurricane-affected states and has been integral to federal emergency management and mitigation strategies across the nation since 2003. The model provides a comprehensive event set that spans the entire North Atlantic basin, covering areas such as the U.S., the Caribbean, Bermuda, and portions of Canada, Mexico, and Central America. What sets HurLoss apart is its physics-driven approach to hurricane hazard modeling combined with engineering load and resistance analysis, grounded in fundamental principles and corroborated by claims data. Additionally, the model incorporates projections related to future climate conditions, enabling users to evaluate risks using both current and anticipated climatological data, including variables such as sea surface temperature and wind shear. This forward-thinking approach ensures that stakeholders are equipped with the most relevant information to make informed decisions regarding their hurricane risk management strategies.

Description

To successfully navigate the low carbon transition, it is essential for financial institutions and companies to consider the intricate relationship between physical and transition risks as well as opportunities when making decisions. Our Essential Climate Analytics offers the necessary climate intelligence to empower decision-making confidently across various dimensions, including corporations, supply chains, counterparties, products, multi-asset financial portfolios, and loan books. By providing a thorough perspective on physical, transition, and reputational climate risks, our Essential Climate Analytics and reporting services deliver the insight required to enhance resilience while seizing new opportunities that arise from the transition to a low carbon economy. Additionally, you can quickly evaluate carbon exposure across your financial portfolios and organizations, taking into account regulatory carbon pricing and potential physical climate risk scenarios across different regions and timeframes. This comprehensive approach not only informs strategic planning but also positions firms to thrive in an evolving market landscape driven by sustainability.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Moody’s Risk Modeler
Mosaic
Oasis Loss Modeling Framework

Integrations

Moody’s Risk Modeler
Mosaic
Oasis Loss Modeling Framework

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ARA

Founded

1998

Country

United States

Website

www.ara.com/hurloss/

Vendor Details

Company Name

S&P Global Market Intelligence

Country

United States

Website

www.spglobal.com/marketintelligence/en/campaigns/i-need-insights-to-manage-climate-risk

Product Features

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