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AIR Worldwide Provides Annual Global View of Risk

AIR Worldwide Provides Annual Global View of Risk

Boston, Nov. 16 (Korea Bizwire) — Catastrophe modeling firm AIR Worldwide (AIR) today released its 2020 Global Modeled Catastrophe Losses report, detailing key loss metrics from AIR’s global industry exceedance probability (EP) curve. Based on the report, AIR estimates that the global modeled insured average annual loss from catastrophes worldwide is nearly USD 100 billion. The 1 [...]

AIR Worldwide Estimates Insured Losses for Hurricane Zeta Will be Between USD 1.5 Billion to USD 3.5 Billion

AIR Worldwide Estimates Insured Losses for Hurricane Zeta Will be Between USD 1.5 Billion to USD 3.5 Billion

Boston, Nov. 2 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Zeta’s winds and storm surge will range from USD 1.5 billion to USD 3.5 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. Hurricane Zeta made landfall at 4 p.m. CDT on October 28 [...]

AIR Worldwide Estimates Insured Losses for Hurricane Delta Will be Between USD 1 Billion and USD 3 Billion

AIR Worldwide Estimates Insured Losses for Hurricane Delta Will be Between USD 1 Billion and USD 3 Billion

Boston, Oct. 14 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Delta’s winds and storm surge will range from USD 1 billion to USD 3 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. Hurricane Delta made landfall on October 9 around 6 p.m. CDT near Creole, Louisiana, as a [...]

AIR Worldwide Releases Updated Multiple Peril Crop Insurance Model for China

AIR Worldwide Releases Updated Multiple Peril Crop Insurance Model for China

Boston, Sept. 22 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide (AIR) today announced that it released an updated Multiple Peril Crop Insurance (MPCI) Model for China to support probabilistic assessments for five newly modeled crop lines of business and a newly modeled sub-peril. This update also includes a new livestock module that adds [...]

AIR Worldwide Estimates Insured Losses for Hurricane Sally Will be Between USD 1 Billion and USD 3 Billion

AIR Worldwide Estimates Insured Losses for Hurricane Sally Will be Between USD 1 Billion and USD 3 Billion

Boston, Sept. 21 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Sally’s winds, storm surge, and inland flood will range from USD 1 billion to USD 3 billion, with wind representing the majority of the losses. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. After meandering across the Gulf, Sally made a [...]

AIR Worldwide Estimates Insured Losses for Hurricane Laura Will be Between USD 4 Billion and USD 8 Billion

AIR Worldwide Estimates Insured Losses for Hurricane Laura Will be Between USD 4 Billion and USD 8 Billion

Boston, Aug. 31 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Laura’s winds and storm surge will range from USD 4 billion to USD 8 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. “Although comparisons between Laura and Hurricane Rita (2005) have been [...]

AIR Worldwide Releases Updated Tropical Cyclone and Earthquake Models for the Caribbean

AIR Worldwide Releases Updated Tropical Cyclone and Earthquake Models for the Caribbean

Boston, July 29 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Tropical Cyclone and Earthquake Models for the Caribbean. These models will provide insurers and reinsurers with a comprehensive view of risk across 29 countries and territories in the region. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. [...]

AIR Worldwide Releases Updated Earthquake Model for Australia

AIR Worldwide Releases Updated Earthquake Model for Australia

Boston, July 27 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for Australia. These updates were prompted by findings in the National Seismic Hazard Model from Geoscience Australia (GA), which challenged established conceptions of Australia’s seismic hazard and generally decreased the view of seismic hazard [...]

Verisk Launches Life Risk Navigator Software Platform

Verisk Launches Life Risk Navigator Software Platform

Jersey City, NJ, July 20 (Korea Bizwire) — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced the release of Life Risk NavigatorTM, an innovative, cloud-based stochastic risk modeling platform that offers in-depth portfolio analytics which can enhance risk selection, quantify changes in mortality rate, improve hedging strategies, and drive better financial decision-making. The cutting-edge analytics [...]

AIR Collaborates with Precisely to Offer Clients Premium International Geocoding in Touchstone 2020

AIR Collaborates with Precisely to Offer Clients Premium International Geocoding in Touchstone 2020

Boston, July 15 (Korea Bizwire) — Catastrophe modeling firm AIR Worldwide today announced that as part of its Touchstone® 2020 software release, clients now have the ability to access a premium international address-level geocoding feature from Precisely, the global leader in data integrity, to enhance the quality of their exposure data. AIR Worldwide is a Verisk [...]