Lloyd’s Develops Standardized Data Requirements for Cyber Risks January 19, 2016 Lloyd’s of London announced that a set of common core data requirements for cyber risks has been agreed by collaborating...
Magnitude 6.7 Earthquake Jolts India, Bangladesh: AIR Worldwide January 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....
Mexico Catastrophe Bond Likely to Pay on Hurricane Patricia’s Losses: S&P November 5, 2015 By Sebastian Boyd Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after...
Typhoon Mujigae Hits So. China; Strongest Cyclone to Hit Region: AIR Worldwide October 9, 2015 Typhoon Mujigae – also called Kabayan – made landfall in China’s Guangdong Province on October 4 with reported wind speeds...
Gap Between Insured & Economic Losses Offers Business Opportunities: AIR September 18, 2015 A huge global gap between disaster-related insured and economic losses presents a growth opportunity for P/C carriers, AIR Worldwide determined...
Natural Disasters Could Cost $750 Billion Annually in 15 Years: AIR Study March 19, 2015 By L.S. Howard Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce...
AIR Model Estimates Pandemic Flu Losses June 27, 2013 Catastrophe risk modeling firm AIR Worldwide (AIR) has released a Pandemic Flu Model, which it says captures the excess morbidity,...
AIR Analyzes Heavy Impact of UK Floods; 2012 Losses ‘Above Average’ November 28, 2012 Catastrophe modeling firm AIR Worldwide has issued a preliminary report on the floods caused by the heavy rainfall that began...
AIR Announces Deal with Navigators for Cat Models November 15, 2012 AIR Worldwide announced that The Navigators Group, Inc., an international commercial property/casualty specialty insurance holding company, has selected AIR’s CLASIC/2™...
7.4 Magnitude Quake Shakes Active Guatemala Region: AIR Analysis November 8, 2012 According to catastrophe modeling firm AIR Worldwide, at 10:35:50 UTC on Nov 7, 2012 an earthquake estimated at a magnitude...