KatRisk

Founded 2012

Model catastrophe risks and calculate potential financial losses from extreme weather events

Pricing model

Demo

You can use KatRisk to model and quantify financial risks from natural catastrophes around the world. The software simulates major perils including inland floods, storm surges, tropical cyclones, severe convective storms, wildfires, and earthquakes. Insurance underwriters, risk managers, and financial analysts can evaluate individual property locations or aggregate entire portfolios using high-resolution scientific data. By calculating metrics like annual average loss and exceedance probabilities, your team can accurately price insurance policies, manage overall risk exposure, and prepare for severe weather occurrences without relying solely on historical damage records.

What KatRisk does

Calculate location-specific hazard scores for extreme weather perilsGenerate exceedance probability curves for property portfoliosCompute annual average loss across multi-location accountsIncorporate synthetic hurricane tracks to predict storm surge damageRun fast risk queries via underwriting APIsModel earthquake shake hazard across multi-national property listingsSimulates inland flood risks using 10-meter resolution physical hydraulic modelsCalculates hurricane wind and storm surge probabilities over 50,000-year synthetic track periodsModels severe convective storm perils including hail, wind, and tornado footprintsCombines fire behavior physics with financial loss calculations for wildfire underwritingProvides multi-peril risk calculations via fast application programming interfacesComputes exceedance probability curves and annual average loss across entire portfolios