AIR Worldwide News
Low Insured Losses Expected for Chile Earthquake: AIR
Catastrophe modeling firm AIR Worldwide does not expect significant insured losses from the magnitude 8.2 earthquake that struck off the coast of Chile on Tuesday because the region is relatively ...
Small Probability of Larger Event Following Friday’s Calif. Quake
In an announcement detailing the specifics of a 5.1 magnitude earthquake that struck Southern California on Friday, AIR Worldwide said there is a 5 percent probability that the earthquake could be a ...
Can We Fix Earthquake Insurance in California?
Twenty years ago, on Jan. 17, 1994, a previously unknown fault ruptured nine miles beneath Northridge in the San Fernando Valley. With a magnitude of 6.7 and an epicenter just 20 miles northwest of ...
Windstorm Xaver Losses Could Reach $1.9B: AIR Worldwide
Catastrophe modeling firm AIR Worldwide estimates that insured wind losses from Extratropical Cyclone Xaver will range between $966 million and $1.9 billion (EUR 700 million and EUR 1.4 billion), ...Northern Europe Cleans Up After Extratropical Cyclone Xaver: AIR
Extratropical Cyclone Xaver last week caused power and communications disruptions that affected 500,000 households throughout northern Europe, according to catastrophe modeling firm AIR Worldwide. ...
Low Frequency Hinders Study of Northeast Hurricanes
Seventy-five years ago, "the Great New England Hurricane of 1938" laid waste over large areas of the northeastern United States. Last year's Hurricane Sandy provided a more immediate reminder that ...
Insured Losses from Haiyan Could be $300M-$700M: AIR Worldwide
AIR Worldwide estimates insured losses from Super Typhoon Haiyan will range between $300 million and $ 700 million, the Boston-based catastrophe modeling firm said Sunday. AIR also said that total ...
Tropical Storm Karen Forecast to Threaten U.S. Gulf Coast
Tropical Storm Karen has formed in the Gulf of Mexico and is expected to make landfall along the U.S. Gulf Coast, the National Hurricane Center said Thursday morning. The tropical storm is located ...