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AIR Joins Cyber-MAR project to Boost Cyber Preparedness in the Maritime Sector

Press Releases
October 24, 2019

AIR to participate in the Cyber-MAR project, officially launched in Porto Cheli, Greece in September 2019
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AIR Worldwide Estimates Insured Losses for Typhoon Hagibis Will be Between USD 8 Billion and USD 16 Billion

Press Releases
October 22, 2019

AIR estimates that industry insured losses from Typhoon Hagibis, which made landfall in Japan on October 12, will be between JPY 865 billion (USD 8 billion) and JPY 1,730 billion (USD 16 billion)
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AIR Worldwide Estimates Insured Losses for Hurricane Dorian In the Caribbean Will be Between USD 1.5 Billion and USD 3 Billion

Press Releases
September 06, 2019

Dorian made landfall on Great Abaco Island on September 1, with maximum sustained winds of 185 mph and a minimum central pressure of 911 mb—ultimately bottoming out at 910 mb a few hours later.
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Insurance Australia Group Selects AIR’s New Earthquake Model for New Zealand

Press Releases
September 03, 2019

AIR announced that Insurance Australia Group (IAG) has licensed AIR’s new Earthquake Model for New Zealand to help manage its catastrophe risk.
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AIR Worldwide Estimates Industry Insured Losses in China from Typhoon Lekima Will Exceed CNY 6 Billion

Press Releases
August 14, 2019

Lekima made landfall in Taizhou, Zhejiang, China, at 2 a.m. on August 10 local time, with JMA-estimated 1-minute sustained wind speeds of 181 km/h (112 mph), the equivalent of a Category 3 hurricane on the Saffir-Simpson Scale.
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AIR Worldwide Releases Expanded Inland Flood Model for Central Europe

Press Releases
June 25, 2019

AIR announced that it has released an expanded inland flood model for Central Europe to include the country of Poland in its model domain.
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AIR Worldwide Releases Updated Earthquake Model for New Zealand

Press Releases
June 20, 2019

AIR announced the release of its updated Earthquake Model for New Zealand. This model incorporates the latest scientific research after the 2010–2011 Canterbury earthquake sequence, the 2016 Kaikoura earthquake, and earthquakes worldwide.
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Verisk Launches New Underwriting Solution for Cyber Insurance

Press Releases
June 12, 2019

Verisk announced today the launch of its Cyber Underwriting Report, a new InsurTech solution that can help insurers underwrite a wide variety of risks in the growing cyber market with increased speed and precision.
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AIR Worldwide Estimates Industry Insured Losses for Winter Storm Eberhard

Press Releases
March 14, 2019

AIR estimates that insured losses due to wind from Winter Storm Eberhard will range between EUR 900 million and EUR 1.5 billion, the majority of which are expected in Germany.
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AIR Estimates Losses for the Marriott Breach Will Be Between USD 200 Million and USD 600 Million

Press Releases
December 18, 2018

AIR’s loss estimates are based on the assumption that 500 million records were stolen, as Marriott has reported. The range of loss estimates reflects the uncertainty about the data that was stolen, e.g., while credit card data was stolen, it was encrypted; however, the encryption key itself may have been stolen as well.
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