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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 185 results.

Hedging Catastrophe Risk Using Industry Loss Warranties

Articles | AIR Currents Article
August 23, 2012

Michael Wedel, Manager in AIR’s Consulting and Client Services Group, discusses how industry loss warranties are used to hedge catastrophe risk—as well as how AIR’s CATRADER® software can be used to evaluate hedge effectiveness.
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Ten Years after the Elbe Floods: Putting Lessons Learned Toward the Development of a Detailed Flood Model

Articles | AIR Currents Article
August 23, 2012

The Elbe floods affected large areas of eastern Germany, Austria, and western Czech Republic. In the aftermath, AIR responded to the industry’s call for more detailed approaches to assessing loss potential. In this article, Tobias Klier, Andreas Reiche, Yörn Tatge, and Meagan Phelan highlight several features of the AIR Inland Flood Model for Germany that address issues raised by the Elbe floods.  
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The Next Generation of Computing Scalability

Articles | AIR Currents Article
July 19, 2012

The release of AIR’s Touchstone offers a degree of scalability unimaginable just a few years ago. In this article, AIR Vice President of Technical Services Peter Lewis and Vice President and Chief Software Architect Boris Davidson explain how the adoption of Microsoft High Performance Computing technology is making this possible.  
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Managing Wind Pool Risk with Portfolio Optimization

Articles | AIR Currents Article
June 18, 2012

Previous AIRCurrents articles explored AIR’s portfolio optimization solutions for reinsurers and insurers. This time, Matthew Holland discusses how insurers can use optimization to improve wind pool decision-making.
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Capturing Correlation in Agricultural Risk Models

Articles | AIR Currents Article
May 24, 2012

Dr. Gerhard Zuba details the significance of spatial correlation in a weather-based approach to agricultural modeling, and explains how AIR’s Agricultural Weather Index (AWI) technology explicitly captures the effects of spatially correlated weather events on modeled losses in China.
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Blending Severe Thunderstorm Model Results with Loss Experience Data—A Balanced Approach to Ratemaking

Articles | AIR Currents Article
May 24, 2012

The volatility in year-to-year severe thunderstorm losses means that traditional ratemaking approaches are not sufficient for developing actuarially sound prices. AIR Senior Vice President David Lalonde introduces a balanced ratemaking methodology that properly reflects the tail risk from potential severe thunderstorm events.
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Exploring the Impact of Vulnerability on Caribbean Tropical Cyclone Risk

Articles | AIR Currents Article
April 19, 2012

In this article, Dr. Apoorv Dabral and Matt Maddalo discuss the Caribbean’s diversity in building types, construction mixes, building codes, and building practices. In the AIR Tropical Cyclone Model for the Caribbean, the amalgamation of all these factors shapes an island or territory’s vulnerability—and tropical cyclone risk.
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Modeling Bushfires Down Under

Articles | AIR Currents Article
April 19, 2012

AIR has developed a bushfire model for Australia that will be available this summer. Dr. Tomas Girnius describes Australia’s long and costly experience with bushfires and explains how AIR’s approach to modeling an entire continent—an area 18 times that of wildfire-prone California—overcomes the inherent challenges a country so large and diverse presents to modeling.
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The New Madrid Earthquake Bicentennial: Revisiting A Midwest Mystery

Articles | AIR Currents Article
December 19, 2011

This month marks the 200th anniversary of the first in a series of large earthquakes that took place in the heartland of the United States in the winter of 1811/12. AIR Director of Earthquake Hazard Dr. Mehrdad Mahdyiar and Dr. Paolo Bazzurro, AIR Principal Engineer and Director of Engineering Analysis and Research, describe the research community’s current understanding of what happened and outline the financial implications of a recurrence.
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Optimizing Earthquake Catalogs for Better Model Performance

Articles | AIR Currents Article
July 28, 2011

In this article, Dr. Guillermo Franco (Manager & Principal Engineer, Decision Analytics) and Dr. Mehrdad Mahdyiar (Director, Earthquake Hazard) discuss the problem of sampling variability in constraining catalog size and explain AIR’s flexible and sophisticated optimization algorithms.
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