Lives, property, and profits have long been at risk from the effects of
natural and man-made catastrophes, weather and climate.
Today there
are sophisticated and effective tools to model these complex phenomena so that
companies can
make informed decisions about protective strategies.
As the world's premier catastrophe and climate risk modeling firm, AIR is synonymous with
technological leadership. AIR scientists and engineers identify the variables and
equations that define these extraordinarily complex phenomena and create computer
programs that can realistically simulate them, producing a range of
potential future outcomes.
AIR pioneered the
probabilistic catastrophe modeling technology that revolutionized the
way insurance and reinsurance companies and, increasingly, corporate
risk managers assess and manage catastrophe risk.
AIR models and software tools set the standard for the analysis of loss
potential and effective risk management strategies. But AIR's proven expertise with catastrophe
risk analysis is only the beginning.
Using advanced Numerical Weather Prediction techniques, AIR has implemented the first commercial applications of global
climate modeling for weather risk management in the insurance,
financial, and energy industries, to name a few. These new
AIR applications offer expanded capabilities for assessing the
probabilities of expected weather regimes.
AIR modeling technologies continue to evolve to meet the
expanding risk management needs of companies around the world.