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KCC Launches Version 5.0 of Severe Convective Storm Model

Original: KCC Releases Severe Convective Storm (SCS) Model Version 5.0

KCC has released Version 5.0 of its Severe Convective Storm (SCS) Model, an update to its catastrophe risk modeling tools used by insurers and reinsurers to assess losses from tornadoes, hail and other convective weather events. The announcement, carried on Business Wire, gives risk professionals an updated basis for pricing and managing severe storm exposure as such events drive growing insured losses.

Why now: The insurance industry is focused on rising severe convective storm losses, making updates to the models used to price that risk newsworthy.

KCCSevere Convective Storm Model

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