Multiple Peril Crop Insurance (MPCI) Models News

Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada. Based on 10,000 simulations of potential annual hail activity, the …

AIR Worldwide reported that it has updated its Multiple Peril Crop Insurance (MPCI) Models for the United States and China. “These are weather-based models that estimate underwriting gains and losses based on crop yield probabilities in the context of current …