Catastrophe risk modeling firm AIR Worldwide (AIR) said it has “significantly expanded” its earthquake and typhoon models for Southeast Asia. The new earthquake model features the ability to account for the tsunami and liquefaction subperils for Indonesia, the Philippines, and …
Catastrophe risk modeling firm AIR Worldwide has updated its hurricane model for the U.S. to help insurers and reinsurers better understand and quantify the risk from hurricanes. The update features a hydrodynamic storm surge module that integrates storm parameters with …
Catastrophe modeling firm AIR Worldwide announced that Hong Kong-based Peak Reinsurance Co. Ltd., which focuses on the Asia-Pacific market, has selected AIR’s catastrophe modeling solutions to manage its catastrophe risk. “Catastrophes are a growing concern in the Asia-Pacific region as …
