Hong Kong reinsurer, Peak Reinsurance (Peak Re) has selected AIR Worldwide's catastrophe modeling solutions to manage its catastrophe risk in the Asia-Pacific market. Equipped with a comprehensive catalog of simulated storms, the ...
The Navigators Group, a commercial property/casualty insurer, has implemented AIR Worldwide's CLASIC/2 and CATRADER modeling technologies to manage its global catastrophe business. The catastrophe models are expected to be used by the ...
Tags: Navigators Group, commercial property/casualty insurer, AIR Worldwide
China Property & Casualty Reinsurance (CPCR) has licensed AIR Worldwide’s (AIR) suite of catastrophe models for China. CPCR deputy general manager Yuanyuan Li said, "AIR offers a full suite of models for China, including a ...
Tags: CPCR, catastrophe model, China, insurance
Catastrophe modeling firm AIR Worldwide has forecasted that Hurricane Isaac will cause insurance losses between $700m-$2bn in the US. The calculation of losses includes wind and storm surge damage to onshore residential, commercial and ...
Tags: AIR Worldwide, catastrophe modeling, Hurricane Isaac, insurance loss
US catastrophe modeling firm AIR Worldwide has forecasted that insured losses from Hurricane Sandy to onshore properties in the US will be in the range of $7bn to $15bn. The estimation has been made based on the damage to ashore ...
Tags: catastrophe modeling, forecast, insured loss, US
Catastrophe modeling firm AIR Worldwide has opened a new office in Singapore, in a bid to meet the increasing needs of clients in the Asian insurance market. The newly launched office, located at One Finlayson Green, will be managed by a ...
Tags: AIR Worldwide, New Office, Singapore, Asian insurance market