catastrophe modeling firm News

In the Aftermath of Cyclone Phailin, Significant Damage Reported: AIR Worldwide

According to catastrophe modeling firm AIR Worldwide, around 21:15 local time (15:45 UTC) on Saturday, October 12, very severe Cyclonic Storm Phailin made landfall on the eastern coast of India near Gopalpur in Odisha. Phailin was a large storm, with …

Severe Hailstorms Strike Germany in Late July: AIR Worldwide

According to catastrophe modeling firm AIR Worldwide, after a prolonged period of above average temperatures in Central Europe, several severe hail events were triggered on the 27th and 28th of July, ahead of a low pressure system named Andreas. On …

Tropical Cyclone Utor Slams Philippines, Heads Towards China’s Coast: AIR Worldwide

According to catastrophe modeling firm AIR Worldwide, Typhoon Utor slammed into the northern Philippine island of Luzon today at approximately 3:00 pm local time (7:00 UTC) with 10-minute sustained winds of 175 km/h (109 mph, JMA), gusts of up to …

Heavy Rains Cause Flooding, Landslides Across Central Europe: AIR Worldwide

Central Europe has been inundated during the past several weeks with heavy and relentless rain, which has resulted in some of the worst floods seen in the area in more than 70 years, according to catastrophe modeling firm AIR Worldwide. …

Eqecat Agrees to Share Exposure Data Schemas With RMS

Catastrophe modeling firm Eqecat announced that it has finalized an agreement to share exposure data schemas with another major catastrophe modeling firm, Risk Management Solutions (RMS). The agreement recognizes the need in the industry for a data standard, according to …

Tornadoes Touch Down in North Texas: AIR Worldwide

The Storm Prediction Center (SPC) reported that three tornadoes touched down west of Dallas-Fort Worth Wednesday evening. According to catastrophe modeling firm AIR Worldwide, the tornadoes affected Montague and Hood counties from the Red River southward to the town of …

Heavy Rains Cause Flooding in Midwest: AIR Worldwide

According to catastrophe modeling firm AIR Worldwide, heavy rainfall, severe thunderstorms, and flash flooding tore across several Midwest states early last week, after moist air surged ahead of a strong cold front and low-pressure system. While the worst of the …

Quake Causes Minor Building Damage in Central Taiwan: AIR Worldwide

A magnitude 6.0 earthquake struck central Taiwan on Wednesday shaking rural Nantou County (located about 250 km south of the capital of Taipei) was felt throughout the island, according to catastrophe modeling firm AIR Worldwide. Buildings swayed in Taipei for …

Floods Associated with Ex-Tropical Cyclone Strike Eastern Australia: AIR

Flooding has hit parts of eastern Australia, forcing thousands of residents to evacuate their homes, according to catastrophe modeling firm AIR Worldwide. The heavy precipitation over the past week is associated with ex-tropical cyclone Oswald and was enhanced by a …

7.3 Earthquake Strikes Off Japan; Little Damage Reported: AIR

According to catastrophe modeling firm AIR Worldwide, a magnitude 7.3 earthquake struck off the northeast coast of Japan today, 270 kilometers from the Japanese city of Sendai, at 18:18:24 local time. The event struck in the same plate boundary region …