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| Press Releases |
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| Monday, July 1, 2019 |
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AIR Publishes Its Catastrophe Exposure Data Schema Publicly |
| Catastrophe modeling firm AIR Worldwide today announced that it has published its Catastrophe Exposure Data Exchange (CEDETM) database schema publicly, to facilitate accurate and transparent data exchange throughout the insurance value chain more efficiently, and to encourage additional analytics on a greater number of exposures. more info >> |
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| Wednesday, June 26, 2019 |
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AIR Worldwide Releases Expanded Inland Flood Model for Central Europe |
| Catastrophe risk modeling firm AIR Worldwide (AIR) today announced that it has released an expanded inland flood model for Central Europe to include the country of Poland in its model domain. AIR also announced that it has updated the storm surge component of its coastal flood model for Great Britain, which is now incorporated into the AIR Extratropical Cyclone Model for Europe. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. more info >> |
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| Thursday, June 20, 2019 |
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AIR Worldwide Releases Updated Earthquake Model for New Zealand |
| Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for New Zealand. more info >> |
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| Wednesday, June 19, 2019 |
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Sompo International to Leverage AIR's Innovative Casualty Analytics Solution for Multi-Line Risk Analysis |
| Catastrophe modeling firm AIR Worldwide (AIR) today announced that Sompo International, a global specialty provider of property and casualty insurance and reinsurance, is leveraging AIR's casualty analytics platform, Arium, to better understand and quantify its liability and loss potential across multiple commercial liability lines of business. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. more info >> |
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| Wednesday, December 19, 2018 |
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AIR Estimates Losses for the Marriott Breach Will Be Between USD 200 Million and USD 600 Million |
| Catastrophe risk modeling firm AIR Worldwide estimates that the direct cyber incident losses for the Marriott breach will be between USD 200 million and USD 600 million. AIR's loss estimates are based on the assumption that 500 million records were stolen, as Marriott has reported. more info >> |
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| Friday, December 7, 2018 |
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AIR Worldwide Estimates Insured Losses from Camp Wildfire Will Be Between USD 6 Billion and USD 9 Billion |
| Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from the Camp Fire in Northern California will be between USD 6 billion and USD 9 billion. more info >> |
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| Saturday, December 1, 2018 |
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AIR Worldwide Estimates Insured Losses from Woolsey Wildfire Will Be At Least USD 2.5 Billion |
| Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from the Woolsey Fire in Southern California will be at least USD 2.5 billion. Note that AIR's estimate of insured losses is based on the assumption of nearly 100% take-up rates. The fact that damage from fire, including wildfire, is included in standard homeowners' policies in California informs that assumption. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. more info >> |
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| Monday, November 5, 2018 |
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Arch Insurance Selects AIR's Modeling Solution to Help Manage Its Catastrophe Risk |
| Catastrophe modeling firm AIR Worldwide announced that Arch Worldwide Insurance Group has selected Touchstone(R) as its primary modeling solution to help manage catastrophe risk. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. more info >> |
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| Monday, October 22, 2018 |
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AIR Develops Advanced Probabilistic Model for Global Cyber Risks |
| Catastrophe risk modeling firm AIR Worldwide today announced it has developed a probabilistic model for cyber risk capable of accounting for security breach and cloud service provider downtime incidents for insurance portfolios worldwide. more info >> |
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| Monday, October 15, 2018 |
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AIR Worldwide Estimates Insured Wind and Storm Surge Losses for Hurricane Michael Will be Between USD 6 Billion and USD 10 Billion |
| Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses resulting from Hurricane Michael's winds and storm surge will range from USD 6 billion to USD 10 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. more info >> |
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