AIR Worldwide Releases Updated U.S. Earthquake Model

June 19, 2017

Catastrophe risk modeling firm AIR Worldwide, a Verisk Analytics business, has updated its earthquake model for the United States to include enhanced event generation, local intensity calculation and damage estimation modules.

AIR said that previously supported subperils (fire following, liquefaction and sprinkler leakage) have undergone comprehensive updates, and two new subperils—tsunami and landslide—have been added for a comprehensive view of risk. The updated model also offers an induced seismicity module to capture the effects of human activity such as wastewater injection on earthquake occurrence.

Among the updates:

The AIR Earthquake Model for the United States is available in the CATRADER Version 19 and Touchstone 5.0 catastrophe risk management systems.

Source: AIR Worldwide