catastrophe risk modeling firm News

Colorado Flooding to Cost More Than $2 Billion, Eqecat Says

Flooding and mudslides in Colorado this month caused more than $2 billion in economic losses, most of it uninsured, according to catastrophe risk modeler Eqecat. The estimate includes damage to homes and roads, lodging expenses for displaced people and the …

AIR Worldwide Expands Suite of Catastrophe Models for Australia

Catastrophe risk modeling firm AIR Worldwide (AIR) has expanded its suite of catastrophe models for Australia with the release of the industry’s first probabilistic bushfire model and updated tropical cyclone and earthquake models. The AIR Bushfire Model for Australia captures …