Documentation

AIR Worldwide in Latin America & Caribbean

pdf - 888 Kb
December 12, 2020

AIR offers a comprehensive suite of models, software, and consulting solutions to help companies manage catastrophe risk and discover new opportunities in Latin America and the Caribbean.

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AIR Severe Thunderstorm Model for Australia

pdf - 2371 Kb
May 09, 2017

This brochure provides an overview of the AIR Severe Thunderstorm Model for Australia. The model captures the risk from all three sub-perils that contribute to property loss in Australia: hail, tornado, and straight-line wind.

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Understanding Loss Results from the AIR Inland Flood Model for the U.S.

pdf - 84 Kb
July 05, 2016

This issue brief helps you utilize the AIR U.S. inland flood model and better understand the results the model produces. It describes best practices for using and evaluating this tool and identifies the critical inputs needed to obtain reliable modeled loss output.

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The AIR Earthquake Model for the Caribbean

pdf - 5184 Kb
July 09, 2020

This brochure provides an overview of the AIR Earthquake Model for the Caribbean, which explicitly models damage from ground shaking, liquefaction, and tsunami for 29 countries.

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Quantifying Uncertainty in Blending Severe Thunderstorm Model Results with Experience Loss Data for Ratemaking

pdf - 774 Kb
April 26, 2013

AIR previously introduced a ratemaking method that blends historical and modeled severe thunderstorm losses with non-cat losses to produce a composite estimate of total loss cost. This paper presents a framework to quantify the components of uncertainty in this approach.

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

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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After Phailin: Understanding Tropical Cyclone Risk in India

pdf - 657 Kb
October 11, 2014

In October 2013, Cyclone Phailin struck near Golpapur on India’s east coast. While it was the strongest landfall in India in 14 years, insured losses were low because the storm affected a relatively sparsely populated region. This paper examines potential losses given alternate landfall scenarios, as well as the possible impact of storms stronger than Phailin.

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AIR Inland Flood Model for Japan

pdf - 3039 Kb
October 01, 2017

This brochure provides an overview of the AIR Inland Flood Model for Japan. The model captures the risk of flooding caused by systems other than tropical cyclones, which accounts for about 40% of all insured flood losses in Japan.

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The AIR Severe Thunderstorm Model for Europe

pdf - 1268 Kb
August 22, 2018

The brochure provides an overview of the AIR Severe Thunderstorm Model for Europe. The model estimates the frequency, severity, and geographical distribution of potential losses from hail and straight-line winds across 22 countries.

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Climate Change Impacts on Extreme Weather

pdf - 3796 Kb
June 24, 2017

This white paper examines how climate change affects the severity of extreme weather phenomena, and describes its implications for catastrophe modeling and the insurance industry.

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