Catastrophe modeling firm AIR Worldwide (AIR) has appointed Dr. Roger Grenier as senior vice president of global resilience to lead AIR’s resilience initiatives across the globe.
Grenier has 20 years of experience working with global risk models. He began his career as an engineer working on models for environmental, flood and coastal engineering projects, including a water quality model for New York harbor. He joins AIR from Liberty Mutual, where he has served as director of catastrophe research and development since 2012. Prior to that position, he was a catastrophe modeler for Liberty Mutual Reinsurance.
The job marks a return to AIR for Grenier, who was a vice president at AIR from 1999 to 2010.
AIR’s global resilience practice works to advance efforts to better prepare for extreme events; assist organizations in applying catastrophe modeling to disaster risk financing to help close the global protection gap; establish alliances with organizations to share data and advance the science of modeling; and strengthen relationships with regulatory bodies and rating agencies globally.
According to a report released by AIR in November, global economic losses from catastrophes average roughly USD $345 billion annually, of which less than 20 percent are insured.
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