AIR Currents

AIR Currents

Our monthly online magazine, AIR Currents, provides a forum for AIR scientists, engineers, actuaries, and business leaders to discuss innovations and trends in catastrophe modeling and the insurance industry. From exploring how the latest science and engineering research are driving improvements to our models, to sharing the lessons learned from recent disasters, to helping companies develop better and more robust catastrophe risk management practices, AIR Currents offers an unparalleled level of insight into what AIR experts are working on and thinking about.

This month read about:

The 2015 Hurricane Season in Perspective

Icy Winters in Canada’s Past and Future

We revisit the Great North American Ice Storm of 1998 and discuss the mechanisms by which freezing rain causes building, content, and time element losses.

Global EP Curve

Measuring the Global Insurance Gap
This infographic takes a look at the huge gap between insured losses from catastrophes and their cost to society—a gap that represents real opportunities for the insurance industry.

did you know

Did You Know...
...that no major (Category 3 or higher) hurricane made U.S. landfall while Ming Lee was President of AIR Worldwide? Read more.

Register Today for Envision 2016
Join us in Philadelphia from April 6–8 to discuss recent trends in risk modeling, emerging challenges, and innovative solutions.

GHI’s Approach to Risk Mitigation in Developing Countries
Ming Lee, who is on the Board of Trustees at Geohazards International (GHI), discusses how GHI has helped create more resilient communities and save lives in Nepal, India, Pakistan, Ecuador, Peru, Bhutan and many other places. Watch the video.

Verisk Releases Industry's First Cyber Exposure Data Standard
Verisk Analytics today announced that it has released the industry’s first global cyber exposure data standard. This standard will help create a uniform method for data transfer across the insurance value chain. AIR Worldwide has also developed a preparer’s guide to assist companies in collecting and storing the necessary cyber exposure data in an open format suitable for modeling.

AIR Worldwide's Earthquake Model for Peru Approved by Peruvian Insurance Regulator Superintendencia de Banca y Seguros
AIR Worldwide today announced that its earthquake model for Peru has been officially approved by Peruvian insurance regulator Superintendencia de Banca y Seguros (SBS) to offer catastrophe modeling services to local insurance companies in the region.

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