Typhoon Wipha Causes Flooding and Mudslides in Izu Oshima before Dissipating: AIR

BOSTON, Oct. 16, 2013 – According to catastrophe modeling firm AIR Worldwide, although Typhoon Wipha did not make landfall on Japan’s main island of Honshu today,as had been expected, the storm brought soaking rain and gusty winds to much of both Honshu and Hokkaido, including the Tokyo region, which experienced a total of 150-300 mm (6-12 inches) of rain. Tokyo International Airport reported some of the highest sustained wind speeds in Japan from this storm: 79 km/h (49 mph) 10-min sustained and a 116 km/h (72 mph) gust. However, Tokyo…

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Tokyo Braces for Strongest Storm since 2004 as Typhoon Wipha Approaches: AIR Worldwide

Hurricane Isaac Homeowners Insurance Industry Damages

BOSTON, Oct. 15, 2013 – According to catastrophe modeling firm AIR Worldwide, Tokyo is bracing itself for its strongest typhoon since October 2004. Wipha, the eighth typhoon of 2013 and the 26th named tropical cyclone of the year, is a huge storm system currently moving northeastward toward Japan. It will likely follow the coast and pass close to Tokyo around the morning rush hour on Wednesday, bringing with it powerful winds and heavy rain. According to the Japan Meteorological Agency (JMA), as of 14 UTC on October 15, Typhoon Wipha…

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AIR Estimates Insured Losses from Tropical Storm Talas to Be Between 150 million and 600 million

BOSTON, Sept. 7, 2011 — Catastrophe modeling firm AIR Worldwide estimates that insured losses from Tropical Storm Talas will be between JPY 12 billion (USD 150 million) and JPY 46 billion (USD 600 million). Talas is the season’s 12th named storm, the seventh severe tropical storm and the fifth typhoon of the 2011 Pacific typhoon season. “Tropical Storm Talas came ashore at Kochi Prefecture on Japan’s Shikoku island-the smallest and least populated of the country’s four main islands-at roughly 6 am local time Saturday, September 3,” said Dr. Peter Sousounis,…

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