Insurance Data Firm Verisk Loses 1.5 Trillion Won in a Day

Verisk Analytics (Nasdaq: VRSK), a U.S. insurance risk data analytics firm, closed at $174.76 on the New York Stock Exchange on the 22nd, down 5.15% from the prior session. Trading volume was approximately 1.98 million shares, and its market capitalization stood at roughly $22.9 billion (about ₩31 trillion), erasing some $1.1 billion (around ₩1.5 trillion) in value in a single day.

In its Q1 results announced at the end of April, Verisk reported revenue of $780 million (approximately ₩1.1 trillion) and net income of $230 million, marking a roughly 4% year-over-year sales increase. The company set full-year 2026 targets of around $3.2 billion in revenue and adjusted earnings per share of $7.45–$7.75 (globenewswire.com). Earlier this month, it strengthened its catastrophe risk solutions for insurers and reinsurers by redesigning and launching its U.S. hurricane risk model exclusively on its cloud-based Synergy Studio platform (stocktitan.net).

Founded in 1971 and headquartered in Jersey City, New Jersey, Verisk is a data analytics and risk assessment provider offering ratemaking, fraud detection, and catastrophe and climate risk modeling services to property & casualty insurers, governments, and corporate clients (en.wikipedia.org). The company went public on Nasdaq in 2009 and owns subsidiaries including AIR Worldwide, Insurance Services Office, and Xactware. As of 2025, Verisk’s annual revenue was about $3.07 billion (approximately ₩4.1 trillion) (en.wikipedia.org).