Business
Verisk and S&P Global Energy Collaborate to Deliver Insurance-Adjusted Climate Risk Intelligence
Collaboration provides shared analytical foundation for helping to bridge the gap between sustainability, insurance and financial modeling for industries
About this update from Verisk Analytics, Inc.
[{"type":"text","content":"Collaboration provides shared analytical foundation for helping to bridge the gap between sustainability, insurance and financial modeling for industries including banking, asset management, and real estate investmentJERSEY CITY, N.J. and LONDON and NEW YORK, Feb. 17, 2026 /PRNewswire/ -- S&P Global Energy, the leading independent provider of information, analytics and benchmark prices for the commodities, energy and energy expansion and transition markets, and a division of S&P Global (NYSE: SPGI), and Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced a new data-sharing collaboration designed to provide climate catastrophe exposure data and insights for the financial and insurance sectors. For the first time, powered by differentiating data from both companies, these sectors will be enabled to quantify the insured and uninsured financial impacts of future climate and near-term natural catastrophe events, creating a new industry benchmark for climate risk intelligence.\n \n \n \n \n \n \n \nCatastrophic events such as the recent record-setting losses from natural hazards underscore the urgent need for robust, forward-looking risk analytics to safeguard assets and support sustainable growth. This collaboration between two leading risk and data analytics providers helps to fill a critical gap in the market—offering a strong, auditable foundation for both insurance and financial institutions to manage climate risk with greater precision than previously possible.Through the collaboration, Verisk's physically based near-present climate catastrophe risk data will be integrated into S&P Global Sustainable1* Climanomics physical climate risk platform, to advance the capability to assess insured versus uninsured losses due to climate change. The introduction of insurance data fills a critical gap identified by regulatory authorities and emerging central bank stress tests.Additionally, the S&P Global Sustainable1 climate-adjusted inland flood data will be incorporated with Verisk event simulations to generate a set of future-projected climate events modelled for the first time through 2050. This cutting edge dataset will be delivered through Touchstone®, Verisk's catastrophe risk modeling platform to translate the impact of climate change on flood event inten...