25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew August 24, 2017 By Amy O'Connor Aug. 24, 1992 was anything but a typical Monday for Robert Reynolds as he drove through debris-filled roads and devastation...
AIR Worldwide Launches Severe Thunderstorm Model for Australia July 24, 2017 Catastrophe risk modeling firm AIR Worldwide announced it has released a severe thunderstorm model for Australia, which captures all three...
AIR Worldwide Launches Crop Hail Model for Canada June 26, 2017 Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers...
PERILS Releases European Windstorm Catalogue (1979-2015) May 18, 2017 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has released a storm catalogue containing the gust footprints...
Sompo Develops Nat Cat Model for NW Australia Offshore Oil & Gas Installations May 17, 2017 Sompo Japan Nipponkoa Insurance Inc. (SJNKI) and Sompo Canopius AG are launching a natural catastrophe risk model for north-west Australia...
Latin America Reinsurer Patria Re Selects RMS Cat Risk Models May 1, 2017 Newark, Calif.-based RMS announced that Latin America reinsurer Reaseguradora Patria (Patria Re) has licensed its full range of models and...
Trump’s Proposed Cuts to NASA and NOAA Could Impact Forecasting, Modeling April 13, 2017 By Don Jergler Funding cuts proposed in a White House budget that has been on the table for months spook some experts who...
U.S. Weather in March to Cost Insurers More than $2 Billion: Aon April 7, 2017 Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of...
Cyclone Debbie Rips Across Australian State, Leaving ‘War Zone’; AIR Comments March 29, 2017 By Edward Johnson A huge clean-up operation is under way in the Australian state of Queensland after a powerful cyclone swept through the...
JLT Re Partners with KatRisk to Expand Modeling Capability in Canada March 22, 2017 JLT Re, the London-based reinsurance broker and consultancy, has combined forces with flood modeling company, KatRisk, to enhance its flood...