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Managing U.S. Flood Risk: Part I, Modeling Hurricane-Induced Precipitation

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The 2010 Haiti Earthquake: From Devastation to a Deeper Understanding of Caribbean Seismicity

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Modeling Fundamentals: Accounting for the Hours Clause

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Your search has returned 188 results.

Modeling Fundamentals: Evaluating Risk Measures

Articles | AIR Currents Article
January 23, 2014

A discussion of advantages and limitations of several risk measures, such as TVaR, used to assess capital and solvency requirements and price risk transfer opportunities.
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All Over the Map: Catastrophe Modeling and the Impact of Residential Windstorm Deductibles

Articles | AIR Currents Article
October 24, 2013

The National Hurricane Center re-categorized Sandy from a "hurricane" to a "post-tropical cyclone" shortly before landfall one year ago this month. This decision dramatically highlights the issue of hurricane deductibles and the many ways that different states handle them. This AIR Current provides guidance for insurers in understanding deductibles in the context of catastrophe modeling.
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Note on Managing Earthquake Risk in Israel

Articles | AIR Currents Article
May 27, 2014

Ever since a series of five minor earthquakes struck northern Israel during one week in late October 2013, earthquake preparedness has been on the minds of many in Israel—including insurers. Although the largest of these October quakes was magnitude 3.5 (M3.5) and did not cause major damage, many wondered if this “earthquake swarm” was a portent of a larger quake in the near term. No one has the definitive answer, but insurers can understand their earthquake risk better through a comprehensive view of regional seismicity. This Note takes a brief look at the hazard.
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Learning From Typhoon Haiyan

Articles | AIR Currents Article
November 20, 2014

One year ago, the most powerful typhoon in the Philippines’ history left a humanitarian disaster in its wake, along with far-reaching economic impacts. Read about what is being done to improve the country’s future resilience to natural catastrophes, including AIR's participation in risk assessment projects led by the World Bank and the Asian Development Bank.
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Global Population Movement: An Important Component for Modeling Pandemic Risk

Articles | AIR Currents Article
June 23, 2014

According to airline industry forecasts, global air travel is expected to double in the next 15 years. Learn why it is essential to capture population movement in modeling the spread of pandemic diseases and resulting life insurance losses.
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Preview of the 2014 Atlantic Hurricane Season

Articles | AIR Currents Article
June 23, 2014

With cooler Atlantic sea surface temperatures and El Niño conditions developing, forecasts for the 2014 hurricane season point to low storm activity. Forecasts of fewer storms don’t eliminate the risk of a damaging tropical cyclone, however, and it has been eight years since a major hurricane made landfall in the United States. Learn why meteorologists are keeping a weather eye on the 2014 hurricane season in both the Atlantic and the Pacific.
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Turning the Tide on Modeling Storm Surge

Articles | AIR Currents Article
June 24, 2015

Tide height at landfall has an impact on whether tropical cyclone storm surge losses will be negligible or catastrophic. This article describes the natural forces that influence the height of tides and how tidal variation is captured in the 2015 update to the AIR U.S hurricane model to help companies better manage their risk.
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Aggregated Cyber Risk: The Nightmare Scenarios

Articles | AIR Currents Article,Megadisaster Article
May 26, 2015

Several kinds of cyber risk aggregation scenarios could lead to catastrophic accumulated losses, including power blackouts; hacking of a major credit card payment processing center; exploiting vulnerabilities in common operating systems and firmware; and hacking of a major commercial cloud service provider.
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A Look Back at the 2014 Price Drop and What’s Ahead for the 2015 Crop Season

Articles | AIR Currents Article
March 19, 2015

In 2014, the market saw price drops for corn and soybeans following record-breaking yields. For the insurance industry, the conversation quickly turned to the importance of crop prices and the price risk that insurers and reinsurers face. In this article, we explain why the 2014 price drops generated far more concern than very similar drops in 2004 and 2008 did.
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An Enhanced View of Hurricane Wind and Storm Surge Risk in the U.S.

Articles | AIR Currents Article
January 29, 2015

In summer 2015, AIR is releasing several important enhancements to the U.S. hurricane model. This article provides an overview of the enhancements, and future articles will delve into some of the details.
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