Boston, Sept. 21, 2020 (GLOBE NEWSWIRE) — 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 […]
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AIR Worldwide Releases Updated Earthquake Model for Australia
Boston, July 27, 2020 (GLOBE NEWSWIRE) — 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 […]
Read moreAIR Collaborates with Precisely to Offer Clients Premium International Geocoding in Touchstone 2020
Boston, July 15, 2020 (GLOBE NEWSWIRE) — 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 […]
Read moreAIR Worldwide Releases Updated Hurricane and Inland Flood Models for the United States
Offers the industry a unified and comprehensive view of flood risk from all precipitation events BOSTON, July 14, 2020 (GLOBE NEWSWIRE) — Catastrophe risk modeling firm AIR Worldwide (AIR) announced today that it has updated its Hurricane and Inland Flood Models for the United States. The update for the hurricane model features a new module […]
Read moreAIR Worldwide Estimates Insured Losses for Winter Storm Ciara-Sabine Will Be Between EUR 1.1 Billion and EUR 1.9 Billion
BOSTON, Feb. 14, 2020 (GLOBE NEWSWIRE) — Catastrophe risk modeling firm AIR Worldwide estimates that insured losses due to wind from Winter Storm Ciara-Sabine will range between EUR 1.1 billion and EUR 1.9 billion, the majority of which are expected in Germany, France, and the United Kingdom. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. Storm Ciara […]
Read moreAIR Worldwide Releases Multi-Peril Crop Insurance Model for India
Boston, Nov. 04, 2019 (GLOBE NEWSWIRE) — Catastrophe risk modeling firm AIR Worldwide (AIR) today announced that it has released a Multiple Peril Crop Insurance (MPCI) Model for India to help support probabilistic assessments of potential losses caused by yield shortfalls for 11 major crops across the two main Indian crop-growing seasons. AIR Worldwide is […]
Read moreAIR Worldwide Estimates Insured Losses for Typhoon Hagibis Will be Between USD 8 Billion and USD 16 Billion
Boston, Oct. 22, 2019 (GLOBE NEWSWIRE) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from Typhoon Hagibis, which made landfall in Japan on October 12, will be between JPY 865 billion (USD 8 billion) and JPY 1,730 billion (USD 16 billion), with more than half of the losses due to inland […]
Read moreAIR Worldwide Estimates Insured Losses for Typhoon Faxai Will be Between USD 3 Billion and USD 7 Billion
Boston, Sept. 15, 2019 (GLOBE NEWSWIRE) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from Typhoon Faxai, which made landfall in Japan on September 9, will be between JPY 340 billion (USD 3 billion) and JPY 740 billion (USD 7 billion). AIR Worldwide is a Verisk (Nasdaq:VRSK) business. According to AIR, […]
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