Insurance Journal
July 30, 2008
Based on the latest available information on the seismic parameters of this event, insurance forecaster AIR Worldwide said it does not expect significant insured losses. Click here to read story.

Strategic Risk
July 30, 2008
Catastrophe risk modeling firm AIR Worldwide estimates insured losses in Taiwan from Fung-Wong are unlikely to exceed $100m. Click here to read story.

Insurance Journal
July 30, 2008
AIR Worldwide Corporation has expanded and relocated its London office. "The new space, which is more than twice the size of AIR's previous London office, is designed to accommodate the increase in AIR's London-based staff," said the bulletin. Click here to read story.

Global Reinsurance
July 29, 2008
The transaction utilises industry losses provided by PCS and modelling provided by AIR, two leading service and data providers in the catastrophe bond and reinsurance markets. click here to read story.

Business Insurance
July 28, 2008
Boston-based AIR Worldwide Corp. revised its estimate of U.S. insured property losses from the Category 2 hurricane that struck southern Texas July 23 near the Mexican border to between $300 million and $600 million, from an earlier estimate of $300 million to $1.2 billion. Click here to read story.

Canadian Insurance
July 28, 2008
According to AIR Worldwide Corporation catastrophic risk modeling company, damaged wreaked by Hurricane Dolly, the fourth of the Atlantic hurricane season, is expected to total between USD $350 million and USD $700 million in insured losses in Mexico and the United States. Click here to read story.

Global Reinsurance
July 24, 2008
“Physical damage to platforms and rigs is likely to be quite limited, with any insured losses dominated by business interruption,” said Dr Peter Dailey, director of atmospheric science at AIR Worldwide. Click here to read story.

Strategic Risk
July 23, 2008
AIR Worldwide has announced its US hurricane model for offshore assets. The new probabilistic model will help insurers and reinsurers better manage hurricane risk to offshore platforms and rigs in the Gulf of Mexico. Click here to read story.

Insurance Tech
July 21, 2008
Los Angeles-based Farmers Insurance Group of Companies has selected 360Value, a web-based reconstruction-cost estimator designed by ISO (Jersey City, N.J.) subsidiaries Xactware and AIR Worldwide, to estimate reconstruction costs for its high-value home program. Click here to read story.

Lloyd's
July 15, 2008
Representatives from the insurance, risk modelling and scientific fraternities met in New York last month for the second catastrophe modelling forum, co-sponsored by Lloyd's. And while there is an apparent upward trend in weather-related losses, the most significant drivers in the coastal regions are socio-economic, noted modelling firm AIR Worldwide. Click here to read story.

July 8, 2008
DTN Progressive Farmer
AIR issued an "enhanced yield forecast" based on "extending the current growing conditions by using weather projections from AIR's seasonal forecast model system. Click here to read story.

Global Reinsurance
July 8, 2008
AIR comments on wildfire season and California experienced its driest spring since 1894 Click here to read story.

Insurance Day
July 7, 2008
ATLANTIC storm activity concurred with the long-term average during the second quarter of 2008, with just one named storm during the period, writes Scott Vincent... Dr Peter Dailey, AIR Worldwide's director of research in atmospheric science, said this was in line with historical activity for the month of June. Click here to read story.
Subscription Required.

National Underwriter
July 7, 2008
Scott Stransky, research analyst at AIR Worldwide, comments on California’s fires burning in the northern part of the state. Click here to read story.

Insurance Journal
July 3, 2008
Boston-based AIR Worldwide Corporation (AIR) announced that Barbican Insurance Group has licensed its catastrophe risk management systems. Barbican trades as Lloyd's Syndicate 1955 and writes a broad range of Property Direct & Facultative, Casualty Treaty, Marine Treaty and UK regional business including property. Click here to read story.

Global Reinsurance
July, 2008
Mexico is vulnerable to hurricanes on both coasts and flooding as far inland as the capital city. Catastrophe modelling in the country is progressing – and bringing with it a better understanding of the country's exposures. According to AIR Worldwide, Mexico experiences an average of almost two hurricane landfalls per year and, while the northeast Pacific is more active overall, both basins produce a similar number of major hurricane landfalls. Click here to read story.

Insurance Networking News
June 26, 2008
A report recently completed by Boston-based catastrophe risk modeling firm AIR Worldwide Corp. estimates that over the past three years the insured value of properties in coastal areas of the continued to grow at a compound annual growth rate of just over 7%. Click here to read story.

Reinsurance
June 26, 2008
Nationwide Mutual, the US insurer, has issued a $250m Cat bond through a special purpose vehicle, Caelus Re...The rating on the notes is based on the probability of attachment as modeled by AIR Worldwide. Click here to read story.
Subscription Required.

Insurance Day
June 25, 2008
Bylined article by AIR's Dr. Peter Dailey With the 2008 hurricane season now nearly a month old, PETER DAILEY looks at how sea surface temperatures have influenced this year’s storm forecasts and examines other factors that will determine the level of hurricane activity. Click here to read the article.
Subscription Required.

National Underwriter
June 9, 2008
Despite the devastating shore property damage inflicted by the 2005 hurricane season, the increase in “the number and value of exposed properties along the U.S. Gulf and East Coasts continues apace—and remains the largest factor affecting insurers’ hurricane risk today,” AIR Worldwide Corp said. Click here to read story.

Global Reinsurance
June 9, 2008
Glacier Reinsurance has announced that Nelson Re Ltd has issued three bonds totalling $180m under its $1.5bn catastrophe bond shelf programme sponsored by Glacier Re. AIR Worldwide provided independent third party modelling services. Click here to read story.
Subscription Required

Daily Insurer
June 5, 2008
AIR Worldwide announced that Napco, LLC., a leading commercial insurance wholesale broker, has expanded its use of AIR's CATStation(R), to assist clients with their catastrophe underwriting decision-making and portfolio management. Click here to read story.

Insurance Day
June 2. 2008
Dr. Peter Dailey, tells Insurance Day that as the ocean warms up in the longer-term there will be an increase in the number of stronger storms hitting the south-east coast. Click here to read the story.
Subscription Required

Insurance Day
June 2, 2008
According to Dr. Peter Dailey, models are showing different signals as to the likely phase of the ENSO cycle during the peak of the hurricane season. Click here to read the story.
Subscription Required

National Underwriter
June 2, 2008
Bylined article written by AIR's CAGDAS KAFALI AND VINEET KATIYAR Click here to read the article.

Business Insurance
June 2, 2008
Aftershocks are exacerbating the risk of severe flooding in China, following the earthquake which struck the country on May 12. Insured losses are likely to exceed 2 billion yuan ($183.9 million) and could reach 7 billion yuan (€643.6 million), according to figures from Boston-based global risk-modeling firm AIR Worldwide Corp. Click here to read story.

Global Reinsurance
June, 2008
Following the Sichuan earthquake in China, Helen Yates asks how future events could be better insured and whether a government-backed catastrophe pool could be the solution. AIR Worldwide and Guy Carpenter estimate the economic losses could reach $20bn (RMB140bn). Click here to read story.
Subscription Required

PR Inside
May 29, 2008
AIR Worldwide announced that Secquaero Advisors Ltd., an investment specialist with a focus on insurance risk management and intermediation, has licensed CATRADER, the industry standard application for analyzing catastrophe reinsurance and insurance-linked securities. Click here to read the story.

Global Reinsurance
May 15, 2008
AIR Worldwide Corporation announced the certification of its 2008 US Hurricane Model by the Florida Commission on Hurricane Loss Projection Methodology. Click here to read the story.

Insurance Journal
May 16, 2008
Muteki Ltd., exempted company in the Cayman Islands, has transferred Japanese earthquake risks to the capital markets. AIR Worldwide Corporation performed the Risk Modeling and will act as Calculation Agent for the transaction. Click here to read the story.

Business Insurance
May 15, 2008
Insurers may face losses as high as $1 billion from the earthquake that has killed at least 12,000 in a mountainous region in China’s eastern Sichuan Province, AIR Worldwide is estimating. Click here to read the story. Click here to read the story.

Insurance Journal
May 14, 2008
Catastrophe risk modeling firm AIR Worldwide issued an estimate that total losses to insured and uninsured property from the M7.9 earthquake that struck near Chengdu, China will likely exceed RMB 140 billion ($20 billion). Click here to read the story.

Insurance Day
May 13, 2008
EARLY indications are that insured losses from the magnitude 7.8 earthquake in south-west China will total hundreds of millions of dollars, despite the relatively low insurance take-up in the region... Milan Simic, managing director of AIR Worldwide’s London office, told Insurance Day the quake was one of the deadliest recorded in China and, given the density of population, the potential for casualties was very high. Click here to read the story. Subscription required.

Insurance Journal
May 12, 2008
AIR Worldwide's analysis of Nargis, the deadly tropical cyclone which struck Myanmar's (Burma's) densely populated Irrawaddy River Delta region, notes that powerful storms in the area have been increasing over the years. Click here to read the story.

Insurance Journal
May 9, 2008
AIR Worldwide released an analysis of a strong earthquake that struck just off the Japanese island of Honshu. Click here to read the story.

Risk & Insurance
May, 2008
The 2008 severe thunderstorm season got off to an early start on February 5 when dozens of tornadoes swept through the mid-South, destroying thousands of buildings and killing as many as 50 people. Research engineer Dr. Shiraj Khan led the AIR Worldwide Corp. team that surveyed the damage from the event, dubbed the Super Tuesday Tornado Outbreak. His observations are outlined here. Click here to read the story

Best Wire
May 1, 2008
AIR comments on damage from tornadoes in Norfolk, Va. Click here to read the story. Subscription required.

Fac Magazine
May, 2008
AIR’s Jack Seaquist comments on the terrorism market. Click here to read the story. Subscription required.

Global Reinsurance
April 29, 2008
AIR comments on the earthquake which ripped through south-eastern Virginia, gutting homes, tossing cars, and injuring more than 200 people... "If the Suffolk tornado is declared an EF3 on the Enhanced Fujita Scale, as some meteorologists are suggesting, it will be the strongest tornado to hit Virginia in nearly 60 years," said Dr Tim Doggett, senior research scientist at AIR Worldwide. Click here to read the story.

National Underwriter
April 28, 2008
AIR Worldwide Corporation has developed a catastrophe model to help insurers manage hurricane risks in Latin America. Click here to read the story.

Insurance Journal
April 28, 2008
Minor damage is expected from the magnitude 5.2 earthquake that hit Illinois and major structures look to have escaped unscathed. The quake, which took place on the 102nd anniversary of the 1906 San Francisco earthquake, was centered five miles from Bellmont, Illinois, and according to AIR Worldwide was felt across seven states. Click here to read the story. Subscription required.

Insurance Journal
April 22, 2008
AIR Worldwide announces that Dennis Fasking and Jin Zhang have joined its expanding Consulting and Client Services Group to meet growing client demand for catastrophe risk consulting services. Click here to read the story.

Insurance Day
April 22, 2008
Minor damage is expected from the magnitude 5.2 earthquake that hit Illinois and major structures look to have escaped unscathed. The quake, which took place on the 102nd anniversary of the 1906 San Francisco earthquake, was centered five miles from Bellmont, Illinois, and according to AIR Worldwide was felt across seven states. Click here to read the story. Subscription required.

Business Insurance
April 21, 2008
AIR's Yen Chin participated in a terrorism roundtable panel and comments on the terrorism insurance market. Click here to read the story.

National Underwriter
April 18, 2008
Dr. Dailey of AIR Worldwide discusses AIRs recent hurricane research and remarks that the reason why the Gulf Coast is at risk for an increase in tropical storms and smaller hurricanes as opposed to larger hurricanes with winds above 111 mph is because most storms that form in or near the Gulf of Mexico do not have a significant amount of warm ocean to travel over before they reach land. Click here to read the story. Click here to read the story.

National Underwriter
April 18, 2008
AIR comments on the earthquake which struck southern Illinois, extending as far as 128 miles away into St. Louis and other parts of Missouri. Click here to read the story.

Insurance Journal
April 16, 2008
AIR Worldwide estimated that Emma caused insured losses of between euro 750 million [$1.2 billion] and euro 1.3 billion [$2.066 billion]. Click here to read the story.

Lloyds.com
April 15, 2008
In a white paper on the subject of winter storms in Europe, AIR Worldwide asks whether the apparent clustering of European winter storms is real (i.e. statistically significant) and if so, what causes it. Click here to read the story.

A.M. Best Special Report
April 14, 2008
To assess how tornado events might affect today's insurance industry, catastrophe modeling firm AIR Worldwide provided some background material on tornado and related weather risks and possible loss scenarios. Click here to read the story. Subscription required.

Reactions
April 2, 2008
Chubb launched a $200m cat bond called East Lane Re II, the successor to last year's $250m East Lane Re cat bond. The rating agency got over the difficulty of analysing wildfire, which can be influenced by non-natural events such as arson, by using detailed data from Chubb and risk modeling firm AIR. Click here to read the story. Subscription required.

Insurance Networking News
April 1, 2008
It has been said that the only constant is change, and that certainly is the case with earth's climate. AIR's Dr. Peter Dailey discusses the impact of climate change on catastrophe models. Click here to read the story.

The Review
April 1, 2008
The ILS market has boomed in recent years, representing a boon for modeling agencies. But what will happen as this market begins to cool? AIR comments on the state of the ILS market. Subscription required. Click here to read the story.

Risk and Insurance
April 1, 2008
AIR's Dr. Peter Dailey provides his perspective on the impact of climate change. This debate was front and center at the Cat Modeling 2008 conference of the Reinsurance Association of America, which took place in Tampa, Fla. Click here to read the story.

Business Insurance
March 31, 2008
AIR bylined article written by Jack Seaquist, assistant vice president which provides perspective on the changes to TRIEA and the impact of these changes on insurers. Click here to read the story.

Business Insurance Europe
March 24, 2008
One week after an earthquake rocked the north of England and Wales, insurers are still assessing the damage, said to be in the region of tens of millions. In this article, AIR Worldwide comments on the severity of the earthquake. Click here to read the story.

Best Week
March 24, 2008
The tornado that struck Atlanta on the evening of March 14 had estimated winds of between 111 and 135 miles per hour, according to AIR Worldwide, the risk modeling firm. Click here to read the story. Subscription required.

Best Week
March 18, 2008
The tornado that struck Atlanta on the evening of March 14 had estimated winds of between 111 and 135 miles per hour, according to AIR Worldwide, the risk modeling firm..."Not surprisingly, older unreinforced masonry buildings in the path of Friday's tornado sustained significant damage," said Tim Doggett, senior research meteorologist at AIR Worldwide. Click here to read the story. Subscription required.

Industry Focus
March 17, 2008
Catastrophe models have become increasingly important both for ceding companies assessing their reinsurance needs and for reinsurers as they make underwriting decisions and manage their portfolios....While some raised questions about the models' performance in Katrina's immediate aftermath, modeling firms generally suggested their tools performed as expected. "Our view is that our hurricane models generally performed well in terms of insured losses both in 04 and 05," said Bill Churney, VP at AIR Worldwide Corp. Click here to read the story.

Insurance Times
March 14, 2008
According to Yorn Tatge, managing director of AIR Worldwide GmbH in Munich, the average claim for residential damage following last year's windstorm Kyrill was 1,000 euros. He told Insurance Day: "Schweinfurt was hit particularly hard by Emma. While Emma did not effect as large a region as Kyrill, there were localised pockets of very high damage." Click here to read the story. Subscription required.

Insurance Times
March 12, 2008
AIR Worldwide, said Windstorm Johanna, which was buffeting the United Kingdom and France, is expected to cause significantly less damage than Emma, which struck last week, because top wind speeds are less severe and the storm's footprint is smaller. Click here to read the story.

Global Reinsurance
March 12, 2008
AIR's Dr. Peter Dailey comments on windstorm Johanna. "Windstorm Johanna was associated with a low pressure center and occluded front that moved slowly across Ireland and England on Monday and Tuesday, reaching a peak intensity of 950 millibars." Click here to read the story.

Financial Times Deutschland
March 7, 2008
Emma habe zwar nicht so viele Schaden wie Kyrill in 2007 angerichtet, aber an einigen Orten langer und mit hoherer Intensitat gewirkt, teilte der US-Katastrophenmodellierer AIR Worldwide (AIR) mit. Deshalb sei der Schaden an betroffenen Gebauden durch Emma haufig hoher ausgefallen als durch Kyrill. Haufigster Schaden waren weggewehte Dachziegel. Click here to read the story.

Insurance Times
March 6, 2008
One week after an earthquake rocked the north of England and Wales, insurers are still assessing the damage, said to be in the region of tens of millions. In this article, AIR Worldwide comments on the severity of the earthquake. Click here to read the story.

AIR: Emma losses could reach EUR 1.3bn (Global Reinsurance)
Emma Losses Could Reach $2Billion (National Underwriter)
Emma kostet Versicherer eine Millarde
(Financial Times Deutschland)

Insurance Journal
February 28, 2008
An earthquake struck near the British town of Market Rasen on 27 February. AIR's estimated insured loss estimate is included in this story. Click here to read the story. Subscription Required

Insurance Journal
February 22, 2008
A strong earthquake struck near the northeastern Nevada town of Wells, causing major structural damage to some older masonry buildings, igniting small fires and bursting windows in homes. AIR provides its perspective on this event, as well as some damage observations from the quake. Click here to read the story. Subscription Required

Insurance Day
February 18, 2008
ANDREW WRAGG examines current trends and challenges in catastrophe modeling used by insurers worldwide to manage environmental risk. AIR's Jayanta Guin, senior vice-president of research and modeling, comments on AIR's latest modeling developments and other industry issues. Click here to read the story. Click here to read the story. Subscription Required

Business Insurance
February 11, 2008
China's worst winter weather in 50 years has caused an estimated $7.5 billion (€5.31 billion) in economic losses, according to China's Ministry of Civil Affairs...AIR comments on the damage caused by this storm. Click here to read the story. Click here to read the story. Subscription Required

Insurance Journal
February 6, 2008
More than two dozen tornadoes tore through the mid-South, destroying homes, barns, and industrial buildings from Texas to Ohio. The severe thunderstorm outbreak, which included tornados, hail, heavy rain and lightning, killed nearly 50 people and injured 100 more. AIR comments on these severe weather events. Click here to read the story. Subscription Required

Insurance Journal
February 6, 2008
A report from Boston-based AIR Worldwide analyzes the havoc caused by a series of winter storms that have been sweeping across China for nearly a month. AIR described them as the "China's worst winter storms in perhaps 50 years." Click here to read the story. Subscription Required

Reactions
February 6, 2008
Winter storm Resi struck regions of the northern UK, Germany, Denmark, Norway and Sweden on January 31, bringing with it fierce winds and heavy snow, closing ports, roads and bridges and disrupting power to thousands of homes. AIR comments on the meteorology of the storm. Click here to read the story. Subscription Required

National Underwriter
February 4, 2008
A winter snow storm that struck regions of the northern United Kingdom as well as Germany, Denmark, Norway and Sweden tore off roofs, cut power lines and caused numerous traffic accidents among other damage. Click here to read the story. Subscription Required

The Review
February 2008
This article reviews AIR Worldwide's research into the link between the formation of hurricanes in the Atlantic basin and US landfall activity. Click here to read the story. Subscription Required

STORM
January 25, 2008
Bylined article written by Mehrdad Mahdyiar, director of earthquake hazard, research and modeling, AIR Worldwide, addressing one of the key challenges facing the catastrophe modeler. Click here to read the story. Subscription Required

Insurance Day
January 17, 2008
Bylined article written by AIR’s Yorn Tatge and Milan Simic, discussing the anniversary of winter storm Kyrill and some of the lessons that insurers have learned from that natural disaster. Click here to read the story. Subscription Required

Insurance Day
January 14, 2008
The year has begun with a series of unusual weather events that have again illustrated the changing nature of catastrophe risk. The majority of the insured losses - estimated by AIR to be in the region of £600m - will be recorded in California, where nearly 500 miles of powerlines were ripped down. Click here to read the story. Subscription Required

Insurance Day
January 14, 2008
Claims continue to be filed a recent US west coast storm. An initial estimate from AIR has suggested that the cost to property/casualty insurers may reach $600m. Click here to read the story. Subscription Required

National Underwriter
January 9, 2008

AIR Worldwide said that damage from the West Coast winter storm that struck three northwestern states in January could reach $600 million in insured losses. Click here to read the story. Subscription required.

The Royal Gazette
January 8, 2008

In a feature story, AIR Worldwide suggested that a higher incidence of Atlantic storm activity does not necessarily equate to a risk of more hurricanes making landfall in the US. Click here to read the story.

Business Insurance
January 8, 2008
Insured loss estimates from the recent West Coast winter storm could reach as high as $600 million, catastrophe risk modeling firm AIR Worldwide Corp. said Wednesday. Click here to read the story. Subscription Required

Insurance Day
January 8, 2008
AIR's Dr. Peter Dailey, director of research in atmospheric science, comments on a series of winter storms that struck the US west coast. Click here to read the story. Subscription Required

A.M. Best
January 7, 2008

This study provides historical perspective on European earthquakes and the insurance industry, as well as an examination of the ability of the insurance industry and the public to absorb losses from a "major" or "great" earthquake. AIR Worldwide provided scenarios for major earthquakes in Central Europe, Turkey and Greece. Click here to visit the homepage. Subscription required to read full article.

Insurance Journal
January 7, 2008

New research on the link between the formation of hurricanes in the Atlantic basin and U.S. landfall activity as a proxy for landfall activity can lead to erroneous estimates of both landfall risk and potential insured losses, according to AIR Worldwide Corp. Researchers found that a high number of tropical storms in the Atlantic basin does not translate to an equivalent increase in hurricanes or landfalling huricanes. Click here to read the story.

Insurance Networking
January, 2008

AIR Worldwide is offering a service to assess insurance-to-value (ITV) of U.S. residential property portfolios for reinsurance contract renewals. Available for insurers, reinsurers and brokers, the service is designed to draw upon AIR's residential property database to estimate the replacement value of properties within a portfolio. Click here to read the story. Note: article appears half way down the page.