AIR Worldwide News
The Risk Associated With Manmade Earthquakes
In recent years, earthquake rates in regions of the historically seismically quiet central and eastern U.S. have risen at a remarkable pace. According to the latest research and scientific consensus, ...
AIR Worldwide’s New Colombia Earthquake Model Wins Regulatory Approval
AIR Worldwide's earthquake model for Colombia has gained insurance regulatory approval in the country. The catastrophe modeling firm said that the model can now be used by domestic insurance ...
New Zealand EQ Insured Losses Could Top $3B: AIR Worldwide
Catastrophe modeling firm AIR Worldwide released its initial estimates of industry insured losses from the earthquake that struck New Zealand's South Island early this week, putting a range of $762 ...
Typhoon Haima Hits China; Earthquake Strikes Eastern Japan
AIR Worldwide issued two new weather event updates, covering Typhoon Haima in the Philippines and China and an earthquake in Japan. After wreaking havoc with heavy rains in northern Luzon and ...
The P/C Insurance Industry and Analysts Scramble for Hurricane Matthew
With news that Hurricane Matthew could hit Florida and nearby states by Friday as a Category 4 storm, the property/casualty insurance industry scrambled on Thursday to assess and prepare for the ...
Typhoon Meranti China Insured Losses Estimate Surpasses $1B: AIR Worldwide
Mainland China could be dealing with more than $1 billion in insured losses from damaged caused by Typhoon Meranti once final tallies are in, AIR Worldwide said. The catastrophe modeling firm ...
AIR Worldwide Estimates up to $11B in Insurable Losses for Louisiana Floods
Catastrophe modeling firm AIR Worldwide estimates that insurable losses from the rainfall-induced Louisiana floods in August will be between $8.5 billion and $11 billion. The rainfall lasted about ...
AIR Worldwide Expands Terrorism Model Globally
Catastrophe risk modeler AIR Worldwide has expanded the capabilities of its terrorism risk model to support scenario testing for the United States and 27 other countries to help companies assess the ...