Earthquakes in Turkey to Cost Insurers More Than $1 Billion, Verisk Estimates February 14, 2023 Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely...
Insurance Industry Told to Expect Global Average Annual Disaster Loss of $106B: AIR October 26, 2021 By L.S. Howard The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a...
Verisk Analytics Buys UK-Based Arium, a Liability Risk Modeling Firm January 23, 2017 Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, has acquired Arium, an independent company specializing in liability risk...
Verisk’s AIR Worldwide Names Churney to Succeed Lee as President January 8, 2016 Data firm Verisk Analytics has appointed Bill Churney as president of its AIR Worldwide risk modeling business. Churney had been...
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...
AIR’s ‘Global Exceedance Probability Curve’ Report Shows Industry Loss Metrics January 15, 2015 Catastrophe modeling firm AIR Worldwide estimated that the 1 percent exceedance probability loss (or the 100-year return period loss) is...
AIR Worldwide Promotes Churney to Chief Operating Officer July 24, 2013 Catastrophe modeling firm AIR Worldwide promoted Bill Churney to the newly-created position of chief operating officer. Based in AIR’s Boston...