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Modeling Fundamentals: Loss Modification in Touchstone

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Your search for categories "Severe Thunderstorm" has returned 13 results.
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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.
...   Read more

What Hilal, Andreas, and Ela Can Teach Us About European Severe Thunderstorm Risk

Articles | AIR Currents Article
May 16, 2018

Three of Europe’s costliest severe thunderstorms have occurred in just the last decade. In this article, AIR’s Dr. Eric Robinson and Dr. Bernhard Reinhardt discuss how these storms demonstrate the importance of taking a probabilistic view of European severe thunderstorm risk.
...   Read more

Atmospheric Perils Megadisaster Year in Canada—Are You Prepared?

Articles | AIR Currents Article,Megadisaster Article
October 27, 2015

In this edition of Megadisaster, multiple severe thunderstorm, winter storm, and tropical cyclone events strike Canada, affecting all 10 provinces and resulting in insured losses of CAD 6.4 billion. 
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Severe Thunderstorm Megadisaster Year in Australia—Are You Prepared?

Articles | AIR Currents Article,Megadisaster Article
January 24, 2018

In this Megadisaster scenario, we look at a stochastic year producing a total insured loss from severe thunderstorms in Australia of AUD 9.3 billion, a sum that falls at an exceedance probability (EP) near 1% (100-year return period).
...   Read more

Damage from Hail, the Quintessentially Canadian Peril

Articles | AIR Currents Article
April 21, 2016

In this article we look at some key issues related to hail vulnerability and risk mitigation in Canada.
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Insights into Damage and Vulnerability from AIR’s Moore Tornado Survey Team

Articles | AIR Currents Article
June 27, 2013

AIR dispatched a team to survey damage in Moore, Oklahoma, caused by the Newcastle/Moore-South Oklahoma City tornado five days after it struck. This article discusses the survey findings and how they inform AIR’s understanding of severe thunderstorm risk.
...   Read more

Addressing Challenges in Historical Severe Thunderstorm Data: Are You Biased?

Articles | AIR Currents Article
March 26, 2014

This article provides an overview of a significant enhancement to the hazard component—a unique blend of statistical and physical modeling—that overcomes historical data limitations and reporting biases.
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Where the Wild Winds Blow, Part I

Articles | AIR Currents Article
March 22, 2013

This article is the first in a two-part series on the current state of the art in the study of wind engineering. It focuses on computational simulation of the interaction between wind and structures. The second will discuss small-scale and full-scale physical testing conducted at various facilities.  
...   Read more

The New Science of Event Attribution

Articles
March 26, 2020

Advances in climate models and data science fed by a deeper physical understanding of the mechanisms that cause extreme weather events have opened up a relatively new branch of climate change science: the science of event attribution. This article discusses the approaches used in event attribution and how this new science may be applied in future.
...   Read more

Capturing Severe Thunderstorm Risk in the United States—the 2014 Model Update

Articles | AIR Currents Article
January 23, 2014

AIR is releasing a major update to the AIR Severe Thunderstorm Model for the United States in the summer of 2014. This article provides an overview of some of the most significant changes, many of which will be examined in greater detail in future articles.
...   Read more

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