Latest AIR Worldwide Headlines
All the headlines from our AIR Worldwide Topic Page, ordered by recency.
AIR Reports on Offshore Earthquake Near Wellington, New Zealand
Jul 23 2013 // Catastrophe modeling firm AIR Worldwide has issued a report on the M6.5 earthquake that struck New Zealand’s Cook Strait, 54 km SSW of the capital city of Wellington, at a depth of 14 km [app. 8.7 miles] on July 21,...
AIR Worldwide Analyzes Landslides, Building Damage from China Quake
Jul 23 2013 // Catastrophe modeling firm AIR Worldwide has released its analysis of the damages suffered by rural communities in northwest China’s Gansu province from the “devastating earthquake on July 21 at 23:45:56 UTC...
Heavy Rains Cause Major Floods, Mudslides in China: AIR Worldwide
Jul 12 2013 // AIR Worldwide reports that “days of heavy rain across the mountainous Yunnan and Sichuan provinces of southwestern China have caused widespread flooding and triggered landslides. Official reports state that 99...
Update: Oklahoma Tornado Was EF5
May 21 2013 // A new assessment by the National Weather Service indicates peak winds in the tornado that hit the Newcastle/Moore Okla., area on May 20 reached the 200 mph to 210 mph range, putting it into the classification of an EF5...
AIR Worldwide Announces New Real-Time Climate Risk Analytics Service
Apr 23 2013 // Catastrophe modeling firm AIR Worldwide (AIR) has announced the availability of “Real-Time Climate Risk Analytics,” which it described as a “new service for corporations and emergency management agencies...
AIR Worldwide Announces New Public Risk Services Group
Apr 3 2013 // Catastrophe modeling firm AIR Worldwide has announced the availability of Public Risk Services, which it describes as a “new consulting service to support the needs of public sector institutions and stakeholders...
Earthquake Rattles Central Taiwan; Causes Minor Damage: AIR Worldwide
Mar 29 2013 // Catastrophe modeling firm AIR Worldwide reports that a “magnitude 6.0 earthquake struck central Taiwan on March 27, 2013, at 10:03 a.m. local time (02:03:20 UTC). With its epicenter located at 23.840° North latitude...
Hong Kong’s Peak Re Licenses AIR Worldwide Catastrophe Modeling Systems
Mar 14 2013 // Catastrophe modeling firm AIR Worldwide announced that Hong Kong-based Peak Reinsurance Co. Ltd., which focuses on the Asia-Pacific market, has selected AIR’s catastrophe modeling solutions to manage its catastrophe...
AIR Worldwide Analyzes Potential Impact of Tropical Cyclone Rusty
Feb 27 2013 // Catastrophe modeling firm AIR Worldwide described Tropical Cyclone Rusty as having grown rapidly in intensity since its formation on Saturday. Although it is not expected to directly impact Port Hedland, Australia’s...
AIR Worldwide: Some Mitigating Factors Helped to Limit Snowstorm’s Damage
Feb 12 2013 // A massive February 8-9 winter storm brought deep snow and high gusting winds to Northeast and New England states, but so far, “several mitigating factors” have helped to limit the overall damage, according to...
AIR Worldwide’s Analysis of Typhoon Bopha’s Impact on the Philippines
Dec 5 2012 // AIR Worldwide’s analysis of Typhoon Botha’s [also named ‘Pablo,’ locally] impact on the Philippines indicates that as “insurance penetration in this area is around 10 percent to 20 percent;...
AIR Worldwide Raises Sandy Insured Loss Estimates to $16-$22 Billion
Nov 26 2012 // Catastrophe modeling firm AIR Worldwide today revised up its industrywide Sandy insured loss estimates to the $16 billion-$22 billion range. AIR Worldwide had previously estimated on Oct. 30 — the day after Sandy...
AIR Worldwide Survey Team Describes Sandy Losses in N.J., N.Y.
Nov 21 2012 // AIR Worldwide recently concluded damage survey of areas impacted by Superstorm Sandy, which made landfall on Oct. 29, five miles southwest of Atlantic City, New Jersey. On November 11, 2012, AIR teams were deployed to...
AIR Worldwide’s Field Reports From R.I., Conn., and Long Island, N.Y.
Nov 16 2012 // In its ongoing damage survey of areas impacted by Superstorm Sandy, AIR Worldwide’s latest report describes the kinds of damage patterns caused by Sandy in coastal communities in Rhode Island, Connecticut and Long...
AIR Worldwide’s Field Report Describes Scope of Sandy’s Devastation
Nov 15 2012 // Catastrophe modeling firm AIR Worldwide published a field survey report on Wednesday, Nov. 14, detailing damages their representatives saw in some of the hardest-hit areas post-Sandy. According to AIR Worldwide,...
Insured Losses From Hurricane Sandy $7-$15 Billion: AIR Worldwide
Oct 31 2012 // Catastrophe modeling firm AIR Worldwide estimated Tuesday evening that insured losses from Hurricane Sandy to onshore properties in the U.S. would be in the range of $7 billion to $15 billion. AIR’s insured loss...
AIR Worldwide Opens Singapore Office to Expand in Asia-Pacific
Oct 1 2012 // AIR Worldwide announced the opening of an office in Singapore to meet the expanding needs of clients in the Asian insurance market. “AIR has kept pace with the fast-growing markets and our equally fast-growing client...
Isaac Now a Hurricane: Update
Aug 28 2012 // The National Hurricane Center says the center of what is now Hurricane Isaac may make landfall on the southeast Louisiana coastline as early as this evening. Not all forecasters share that timeline, however. Dr. Tim...
AIR Worldwide Now Offering Builder’s Risk Capability
Aug 14 2012 // AIR Worldwide (AIR) has expanded its offerings for commercial insurers with a capability for determining losses from natural catastrophes to buildings under construction. CLASIC/2Version 14.0 introduces the ability to...
AIR Worldwide Comments on Tropical Storm Debby
Jun 25 2012 // Catastrophe modeling firm AIR Worldwide issued the following advisory on Tropical Storm Debby this morning: According to catastrophe modeling firm AIR Worldwide, Tropical Storm Debby is the fourth named storm of the 2012...
