Documentation

The AIR Multiple Peril Crop Insurance Model for China

Brochures | Model | pdf - 4601 Kb
February 15, 2021

This brochure provides an overview of the AIR Multiple Peril Crop Insurance (MPCI) Model for China, which probabilistically models losses to crops, forests, and livestock.

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AIR Multiple Peril Crop Insurance (MPCI) Model for Canada

Brochures | Model | pdf - 2533 Kb
November 21, 2020

This brochure provides an overview of the AIR Multi-Peril Crop Insurance Model for Canada, which uses AIR's award-winning Agricultural Weather Index (AWI), a province- and crop-specific weather index used to assess the overall quality of the growing season.

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Verisk Crop Hail Model for the United States

Brochures | Model | pdf - 3173 Kb
May 27, 2022

Learn how the Verisk Crop Hail Model for the United States helps you assess and manage crop risk from hail and wind.

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AIR US Multiple Peril Crop Model

Brochures | Model | pdf - 6927 Kb
May 02, 2021

This brochure provides an overview of the AIR MPCI Model for the United States, which probabilistically models crop losses while accounting for present-day crop genetics and yield potential, weather impacts, technological advancements, management practices, exposure, and price volatility.

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AIR Crop Hail Model for Canada

Brochures | Model | pdf - 1697 Kb
November 27, 2020

The AIR Crop Hail Model for Canada captures the effects of hail on Canadian crops, providing crop hail insurers and reinsurers a probabilistic view of crop hail risk in Canada for the first time.

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The AIR Multiple Peril Crop Insurance Model for India

Brochures | Model | pdf - 4811 Kb
October 24, 2019

This brochure provides an overview of the AIR MPCI Model for India, which uses a probabilistic approach to provide the breadth of possible crop loss scenarios while accounting for present-day crop genetics and yield potential, management practices, exposure, weather scenarios, and policy conditions.

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Premium Adjustment Factors and Guidelines for 2013 Submissions Using the AIR MPCI Model for China

White Papers | pdf - 366 Kb
January 31, 2013

For the 2013 season, policy conditions for the China MPCI program have changed in several provinces. This will have an impact on the premium collected and on the risks that are being written in certain provinces. This paper describes the nature of those changes and the premium adjustment factors that AIR has developed to help companies analyze their 2013 China MPCI submissions using the AIR MPCI model for China.

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AIR Fund Designation Service

Brochures | pdf - 1261 Kb
November 21, 2020

AIR’s Fund Designation Service helps clients choose an MPCI fund allocation strategy that best fits their risk-return target. The service utilizes the 10,000-year weather-based, spatially correlated, price volatility–adjusted stochastic catalog from AIR’s U.S. MPCI model to rank and sort policies based on their estimated risk level.

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Impact of 2013 Premium Rate Changes on Gain and Loss Probabilities in the AIR U.S. MPCI Model

White Papers | pdf - 543 Kb
December 19, 2012

For the 2013 insurance year, the Risk Management Agency of the USDA modified the premium rates for corn, cotton, rice, sorghum, soybean, and wheat crops. This will have an impact on premium volumes, county- and state-level gross loss ratios, post-SRA losses and loss ratios, thus directly affecting crop insurance companies’ fund allocation, risk management strategies and the placement of reinsurance protection. This paper describes the nature of these changes and their impact on the profitability of the crop insurance industry.

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