Latest AIR Worldwide Headlines
All the headlines from our AIR Worldwide Topic Page, ordered by recency.
AIR Worldwide: Louisiana’s Record Rainfall Caused by Low-Pressure System
Aug 16 2016 // Catastrophe modeling firm AIR Worldwide reports that the extensive flooding in southern Louisiana, from west of Baton Rouge to Mississippi, was caused by a slow-moving tropical depression–like low-pressure system that...
AIR Worldwide Expands Global Pandemic Model to Include 6 Additional Diseases
Jul 26 2016 // Boston-based catastrophe risk modeling firm AIR Worldwide (AIR) announced it has expanded its Global Pandemic Model to include outbreaks of six additional diseases. The model now explicitly accounts for nine pathogens,...
AIR Worldwide Launches Global Resilience Practice with Kaniewski as Leader
Jul 19 2016 // Catastrophe modeling firm AIR Worldwide (AIR) has formed a global resilience practice, which aims to support risk reduction and resilience initiatives across the globe. These initiatives are aimed at developing solutions...
Taiwan Readies for Typhoon Nepartak; AIR Worldwide Comments
Jul 7 2016 // Taiwan told schools and offices along its eastern coast to close early Thursday as Typhoon Nepartak threatens to unleash strong winds and heavy rain across the island through Friday. Airlines canceled or rerouted flights...
AIR Worldwide Introduces Earthquake Model for India
Jun 28 2016 // Catastrophe risk modeler AIR Worldwide, a Verisk Analytics business, has released a new earthquake model for India that estimates losses to residential, commercial and small industrial buildings as well as automobiles. The...
AIR Expands Earthquake, Typhoon Models for Southeast Asia
Jun 20 2016 // Catastrophe risk modeling firm AIR Worldwide (AIR) said it has “significantly expanded” its earthquake and typhoon models for Southeast Asia. The new earthquake model features the ability to account for the...
AIR Worldwide: Storms in Texas Brought Up to 600% of Long-Term Average Rain Amounts
Jun 7 2016 // Catastrophe modeling firm, AIR Worldwide, reports that over the last several weeks, much of Texas has experienced 400 percent to 600 percent of long-term average rainfall amounts. The storms have subsided for now, but...
Update: Flash Floods Hit SE Germany, Killing at Least 8; AIR Worldwide Comments
Jun 2 2016 // Torrential rain, thunderstorms and flash floods that have inundated towns in southeastern Germany in recent days took the death toll to at least eight as forecasters warned of continuing severe weather spreading northward...
Japanese Earthquakes Could Cost Insurers $2.9 Billion: AIR Worldwide
Apr 21 2016 // An earthquake that struck southern Japan on April 16 will probably cost insurers as much as 320 billion yen ($2.9 billion), according to catastrophe modeler AIR Worldwide. The cost might be as low as 180 billion yen, the...
Ecuador Earthquake’s Death Toll Rises; AIR Worldwide Comments
Apr 18 2016 // World leaders from the Vatican to Washington offered support to Ecuador as casualties mounted following one of the strongest earthquakes to strike the South American country in decades. The number of dead has climbed to at...
Verisk’s AIR Worldwide Names Churney to Succeed Lee as President
Jan 8 2016 // Data firm Verisk Analytics has appointed Bill Churney as president of its AIR Worldwide risk modeling business. Churney had been serving as AIR’s chief operating officer. Churney succeeds Ming Lee, who retired as AIR...
Magnitude 6.7 Earthquake Jolts India, Bangladesh: AIR Worldwide
Jan 5 2016 // A magnitude 6.7 earthquake hit northeast India near its border with Myanmar and Bangladesh on Jan. 4 at 4:35 a.m. local time, about 29 kilometers (18 miles) northwest of Imphal, the capital of Manipur state, according to...
AIR Worldwide: At Least 9 Tornadoes in North Texas; Extent of Damage Not Yet Known
Dec 29 2015 // Catastrophe modeling firm AIR Worldwide reported that the huge storm system that impacted the United States from New Mexico to Michigan and Georgia over the Christmas holiday weekend delivered at least nine tornadoes in...
Peru Insurance Regulator Approves AIR Worldwide’s Earthquake Model
Dec 23 2015 // Catastrophe modeling firm AIR Worldwide, a division of Verisk Analytics, announced that its earthquake model for Peru has been officially approved by Peruvian insurance regulator Superintendencia de Banca y Seguros (SBS)...
Typhoon Mujigae Hits So. China; Strongest Cyclone to Hit Region: AIR Worldwide
Oct 9 2015 // Typhoon Mujigae – also called Kabayan – made landfall in China’s Guangdong Province on October 4 with reported wind speeds up to 135 miles per hour (217 kilometers per hour) in some locations. Mujigae quickly...
Gap Between Insured & Economic Losses Offers Business Opportunities: AIR
Oct 5 2015 // A huge global gap between disaster-related insured and economic losses presents a growth opportunity for P/C carriers, says a new AIR Worldwide report. What the catastrophe modeling firm found: the global insured average...
Gap Between Insured & Economic Losses Offers Business Opportunities: AIR
Sep 18 2015 // A huge global gap between disaster-related insured and economic losses presents a growth opportunity for P/C carriers, AIR Worldwide determined in a new report. What the catastrophe modeling firm found: the global insured...
Extra-Tropical Cyclones Niklas and Mike Strike No. Europe: AIR Worldwide
Apr 1 2015 // AIR Worldwide reports that extra-tropical cyclone Niklas, currently battering northern Europe with gale-force winds, “is reportedly one of the worst storms to affect Germany in recent years. High winds and heavy...
AIR Worldwide Reports on This Week’s Northeast Blizzard
Jan 29 2015 // A blizzard in the Northeast this week primarily impacted eastern Long Island in New York, southeastern Connecticut, Rhode Island, eastern Massachusetts and Cape Cod and the islands, New Hampshire, and Maine, with record...
AIR’s ‘Global Exceedance Probability Curve’ Report Shows Industry Loss Metrics
Jan 15 2015 // Catastrophe modeling firm AIR Worldwide estimated that the 1 percent exceedance probability loss (or the 100-year return period loss) is approximately $231.5 billion and the long-term average annual loss from natural...
