AIR Worldwide News
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
AIR Worldwide Updates Earthquake Models for South America
Catastrophe risk modeler AIR Worldwide announced that it has updated its earthquake models for South America to include liquefaction and tsunami risks, as well as to enable the analysis of high-value ...
AIR Worldwide Unveils Winter Storm, Tropical Cyclone Models for Canada
Catastrophe risk modeler AIR Worldwide has expanded its suite of models for Canada with the release of Winter Storm and Tropical Cyclone models. In addition, comprehensive updates have been made to ...
AIR Worldwide Releases Updated U.S. Hurricane Model
Catastrophe risk modeler AIR Worldwide has updated its U.S. hurricane model with a hydrodynamic storm surge module that integrates storm parameters with high-resolution elevation data to simulate ...
AIR Releases New Version of Touchstone Catastrophe Modeling Platform
Catastrophe modeling firm AIR Worldwide is rolling out an updated version of Touchstone, its total risk management tool that performs advanced analytics to help companies better own their risk. ...
Can Karen Clark Move Forward the Cat Modeling Industry She Helped Create?
Karen Clark scored a bonafide first when she launched catastrophe modeling company Applied Insurance Research (AIR) in 1987. With a focus on computer simulations, it was the only operation of its ...
AIR Worldwide and FirstBest Collaborate on Integrated Underwriting Product for Commercial Insurers
AIR Worldwide and FirstBest Systems, provider of insurance software solutions for U.S. and global insurance carriers, have announced a collaboration that will integrate AIR's catastrophe modeling ...
Economic Losses From Natural Disasters Could Hit $750 Billion Annually in 15 Years: AIR Study
Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe ...