Discover hidden risks and manage exposure
Global terror remains an important risk for the insurance and reinsurance industry, particularly given heightened geopolitical sensitivities. Improved risk and capital management require a more thorough understanding of historical losses, as well as what they could mean given today's threats and exposures.
Generate multifaceted policy and portfolio loss estimates
Explore the impacts of extreme events that have no historical precedent, including conventional bomb blasts; chemical, biological, radiological, and nuclear (CBRN) weapons; and airplane crashes.
Run three types of analyses with one model
Evaluate terrorism risk deterministically, probabilistically, and geospatially, all on a single platform for a comprehensive assessment.
Manage exposures anywhere in the world
Run a ring analysis with user-defined damage ratios, dynamic ring analysis, or by using terrorism risk maps and indexes from Verisk Maplecroft.
Test international deterministic loss scenarios
Select a known location in the US or 27 other countries, or a target in Verisk’s landmark database, and choose from a variety of weapon types to test custom “what-if” attack scenarios.
Consider the impact of blast intensity and damage on losses
Get damage and loss estimates that reflect the size, location, and intensity of conventional bombs within a built environment—from the exterior to the interior of buildings.
Features and capabilities
Supported geographic resolution
The modeling framework simulates damage at a fine and realistic resolution: latitude/longitude at 1km for the entire United States, plus finer ZIP Code resolution for 15 metropolitan areas.
US landmark database
This data set includes prominent buildings, headquarters of Fortune 500 companies, transportation hubs, sports venues, government buildings, and many medical and educational institutions, plus 100 “trophy” targets with a high probability of being attacked.
500,000-year stochastic catalog
A catalog this large helps reduce uncertainty in the variability of losses.
Dozens of supported construction types
The models support 45 construction classes, 110 occupancy classes, and five urban density classes.
Broad support for policy conditions
The models support policy conditions like franchise deductibles, coverage limits, loss triggers, and risk-specific reinsurance.
Lines of business supported
Residential, commercial/industrial property, mobile home, automobile, and workers’ compensation lines of business are supported.
Detailed loss results
Loss calculation framework and cellular damage aggregation approach permit detailed loss results for a specific floor of interest.
Related resources
Improved risk and capital management require a more thorough understanding of historical losses, as well as what they could mean given today's threats and exposures.
Documentation
Extreme Event Solutions Client Portal
Access client-confidential downloads, training, and documentation for Verisk's extreme event solutions model, software, and service offerings.
Brochure
Everything You Need to Know About PCS
This methodology paper includes information on the PCS Global Terror model and its expected future approaches to the impact of terrorism on the reinsurance market.
Article
Verisk updates terrorism model for US
Learn how our models will help reinsurers estimate the potential property, business interruption, workers’ compensation, and personal injury losses that can arise from acts of terrorism in the US from conventional bomb blasts.
Press release
Verisk’s AIR Updates Its Terrorism Model to More Comprehensively Model Damage from Conventional Bomb Blast Attacks
Resources
About Catastrophe Modeling
For rare but severe events, historical loss information is often unreliable in assessing future loss potential. That’s where catastrophe modeling comes in.
General trainings
Certified Extreme Event Modeler (CEEM) Training
Gain insight into the science behind natural catastrophes and a behind-the-scenes look at how catastrophe models are developed and validated.
Research
Research publications from Extreme Event Solutions
Verisk Extreme Event Models are developed by experts who are constantly innovating and driving discovery. Learn more about their groundbreaking work.
Do more with the Verisk ecosystem
Our sophisticated modeling tools and data play an increasingly important role in helping companies evaluate and manage their terrorism risk.
Verisk Synergy Studio
Verisk Synergy Studio is a powerful, flexible, and scalable catastrophe modeling and risk management platform, coming in 2026.
The most up-to-date terroristic activity index
This tool combines the frequency and intensity of five years of attacks with an assessment of the threat posed by active terrorist groups, and whether counterterrorism forces in the country have the capacity to deal with this risk.
The enterprise risk modeling platform
Understand your estimated exposure to loss from extreme events today—and in the future.
Contact us to learn more
Telephone support is available at the following offices, please call your local provider at one of the listed numbers below:
Support numbers:
Boston +1 6172676645
London: +44 (0)20 37640300
Munich: +49 (0)89 2323735 0
Hyderabad: +91 40 66002266
Beijing: +86 10 5965 2780
Singapore: +65 6249 0770
Tokyo: +81 (0)3 6551 2840