Entries by Yumiko Sotani

Global Adoption of AIR’s Touchstone Platform Continues across the Industry as Companies Choose a Proven Solution

BOSTON, Dec. 3, 2015 — Catastrophe modeling firm AIR Worldwide (AIR) today announced the continued adoption of Touchstone® across the insurance and reinsurance industries, including specialty markets and the Lloyd’s market. Fidelis Insurance, National Reinsurance Corporation of the Philippines (NRCP), and Probitas 1492 have selected AIR’s Touchstone platform to provide detailed analytics and better manage […]

Making Sense of Big Data

Introduction Even if you’ve never heard of Big Data before, it’s affecting your daily life in some way. If you checked Facebook this morning and saw ads, those were chosen to target you based on your internet browsing history. If you use an iphone or any other smartphone, the program that corrects your typos bases […]

National Reinsurance Corporation of the Philippines Partners with URS for Risk Management Analytics and Enhancements

National Reinsurance Corporation of the Philippines (NRCP) has announced its partnership with Ultimate Risk Solutions (URS), the leading provider of insurance and reinsurance analytical and other software enhancements for risk management. The collaboration enables NRCP to provide to Philippine life and non-life insurance companies reinsurance optimization analysis to reduce the cost of reinsurance and to […]

The National Reinsurance Corporation of the Philippines Selects RMS Earthquake Model

NEWARK, Calif. – 2015-04-21- RMS, the world’s leading catastrophe risk management firm, today announced that its RMS® Philippines Earthquake Model has been licensed by the National Reinsurance Corporation of the Philippines (NRCP) as part of the reinsurer’s strategy to embed a scientifically rigorous approach to its catastrophe risk management. “Strengthening NRCP’s catastrophe risk management is […]

The Case of PIRA and National Re (Philippines)

How can we establish more open stakeholder relationships in developing nations on the topic of disaster risk reduction, and how can insurance be of help? Indeed, insurers can influence actors to be more conscious of disaster risk and, consequently, manage and potentially transfer disaster risk effectively. It is important, in this context, to understand the […]