MONTE CARLO, Sept. 12, 2011 – Catastrophe risk modeling firm AIR Worldwide (AIR) released updates to its Extratropical Cyclone and Earthquake Models for Europe. Both models were significantly expanded to include additional European countries and provide a consistent and comprehensive assessment of the extratropical cyclone and earthquake risk throughout Europe. “AIR Worldwide offers complete and robust extratropical cyclone and earthquake models for Europe,” said Dr. Jayanta Guin, senior vice president of research and modeling at AIR Worldwide. “With the expanded regions and enhancements to these models, insurers and reinsurers now…
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Hurricane Irene Batters Bahamas on Way toward U.S. East Coast
BOSTON, Aug. 25, 2011 – According to catastrophe modeling firm AIR Worldwide, Hurricane Irene is passing through the central Bahamas islands this morning after a night of battering the southern islands with heavy rains and strong winds. At the time of the National Hurricane Center’s 8:00 am EDT Advisory, Category 3 Hurricane Irene was about 65 miles east-northeast of Nassau, the capital and largest city of the Bahamas. Irene’s maximum sustained winds are 115 miles per hour with higher gusts. Hurricane-force winds extend outward up to 70 miles from the…
Read MoreTyphoon Muifa Expected to Hit Mainland China This Weekend, After Delivering Heavy
BOSTON, Aug. 5, 2011 – According to catastrophe modeling firm AIR Worldwide, Typhoon Muifa is tracking across the Pacific Ocean, en route to mainland China, after delivering heavy rain to the Philippines Tuesday and Wednesday. Muifa is forecast to make landfall south of Shanghai this weekend, bringing high winds and heavy rains. According to the Japan Meteorological Agency’s (JMA) 18:45 UTC advisory, Muifa’s maximum ten-minute sustained winds are 157 km/hr (97 miles per hour), classifying it as a weak Category 2 storm. Its maximum gusts are higher, at 203 km/h…
Read MoreTropical Storm Emily Forms in the Caribbean, Heads Toward Hispaniola
BOSTON, Aug. 2, 2011- According to catastrophe modeling firm AIR Worldwide, late last week, a wave off the west coast of Africa, 91L, began to slowly organize as it moved west across the Atlantic. Monday night, 91L formed a closed surface circulation and developed into the fifth named storm of the 2011 Atlantic hurricane season, Tropical Storm Emily. As of the National Hurricane Center’s (NHC) 11:00 AM EST advisory, the storm is located approximately 270 miles southeast of San Juan, Puerto Rico, and is currently near stationary in the Caribbean…
Read MoreSlow Moving Tropical Storm Ma-On Makes Landfall, Bringing Heavy Rains to Southern Japan
BOSTON, July 20, 2011 – According to catastrophe modeling firm AIR Worldwide, Tropical Storm Ma-On made landfall in southern Tokushima Prefecture on Shikoku Island late Tuesday night local time. “The sixth named storm of the season and the first to make landfall in Japan this year, Ma-On had maximum sustained winds of 120 km/h at landfall, making it a severe tropical storm on Japan Meteorological Agency’s (JMA) intensity scale,” said Dr. Peter Sousounis, principal scientist at AIR Worldwide. “The storm briefly reintensified to typhoon strength as it swept near southern…
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