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Global Average Annual Insured Losses from Extreme Events in Excess of $100 Billion, New Report Finds
October 25, 2021 06:02 ET | AIR Worldwide
BOSTON, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Extreme event modeling firm AIR Worldwide (AIR) today released its 2021 Global Modeled Catastrophe Losses report, detailing key global financial loss...
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Verisk’s AIR Worldwide Updates Losses for Hurricane Ida to Include Impacts of Inland Flooding
September 13, 2021 07:04 ET | AIR Worldwide
BOSTON, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Extreme event modeling firm AIR Worldwide updated its insured loss estimates for Hurricane Ida after analyzing the inland flood impacts across the entirety...
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Verisk’s AIR Worldwide Estimates Insured Losses for Hurricane Ida Will Range from USD 17 Billion to USD 25 Billion
September 03, 2021 07:16 ET | AIR Worldwide
BOSTON, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Extreme event modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge...
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Verisk’s AIR Worldwide Estimates Insured Losses for July Floods in Germany Could Approach EUR 5 Billion
July 28, 2021 00:37 ET | AIR Worldwide
BOSTON, July 28, 2021 (GLOBE NEWSWIRE) -- Extreme event modeling firm AIR Worldwide estimates insured losses in Germany from July flooding could approach EUR 5 billion. AIR Worldwide is a Verisk...
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Verisk’s AIR Worldwide Enhances Extreme Event Models for Japan With Release of Updated Earthquake and Typhoon Models
July 27, 2021 06:02 ET | AIR Worldwide
BOSTON, July 27, 2021 (GLOBE NEWSWIRE) -- Catastrophe risk modeling firm AIR Worldwide has announced the release of significantly updated AIR Earthquake and Typhoon Models for Japan. The past...
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Verisk’s AIR Updates Its Terrorism Model to More Comprehensively Model Damage from Conventional Bomb Blast Attacks
June 22, 2021 06:11 ET | AIR Worldwide
BOSTON, June 22, 2021 (GLOBE NEWSWIRE) -- Catastrophe modeling firm AIR Worldwide announced that it has updated its Terrorism Model for the United States to more comprehensively model the extent of...
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Insurance Industry Continues to Select Verisk’s AIR as its Modeler of Choice for Catastrophe Risk Management, Including Class of 2020
May 20, 2021 06:04 ET | AIR Worldwide
Boston, May 20, 2021 (GLOBE NEWSWIRE) -- Catastrophe modeling firm AIR Worldwide announced that newly established international insurance and reinsurance companies from the “Class of 2020,” have...
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Climate Change Could Cut Corn Belt Crop Yields by Up To 40 Percent by Increasing Unfavorable and Extreme Weather by Mid-Century, According to a New Report
April 28, 2021 05:08 ET | AIR Worldwide
Boston, April 28, 2021 (GLOBE NEWSWIRE) -- Thirteen states in the United States, known as the Corn Belt, are responsible for 90 percent of the corn grain and produce in the country and almost 30...
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AIR to Make its Catastrophe Exposure Database Schema Available as an Open Standard
March 01, 2021 06:04 ET | AIR Worldwide
Boston, March 01, 2021 (GLOBE NEWSWIRE) -- Catastrophe modeling firm AIR Worldwide today announced that it is making its Catastrophe Exposure Data Exchange (CEDETM) database schema available as an...
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AIR Worldwide Collaborates with experts at the Brookings Institution and AXIS Capital to Quantify the Impact from Climate Change on Hurricane Risk
January 19, 2021 06:07 ET | AIR Worldwide
BOSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Catastrophe modeling firm AIR Worldwide (AIR), in collaboration with experts from the Brookings Institution and AXIS Capital Holdings Limited, released a...