AIR Estimates Insured Losses from Last Week’s European Windstorm Christian at Between EUR 1.5 Billion and EUR 2.3 Billion

BOSTON, Nov. 7, 2013 – Catastrophe modeling firm AIR Worldwide estimates that  insured losses from Windstorm Christian (known as St. Jude in the UK) will range  between EUR 1.5 billion and EUR 2.3 billion, with the majority of insured losses  occurring in Denmark and Germany. Significant insured losses also occurred in the  Netherlands, France, UK, and Sweden. “Windstorm Christian smashed into southern Britain on Monday, October 28,  knocking down trees, flooding lowlands, and disrupting travel over land, sea, and  air,” said Gerhard Zuba, senior principal scientist at AIR Worldwide.  “Gusts…

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Typhoon Usagi Weakens Before Landfall in China’s Guangdong Province: AIR Worldwide

According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific this year, made landfall near the city of Shanwei (150 kilometers northeast of Hong Kong) in the Chinese province of Guangdong at 6 p.m. (local time) Sunday. Accompanied by heavy rains, a central pressure of 941 millibars, and 10-minute sustained winds of 85 knots (157 km/h) according to the Japan Meteorological Agency (JMA), Usagi struck as a strong Category 2 typhoon. Prior to landfall, the Hong Kong Observatory raised the…

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Typhoon Bopha (Pablo) Impacts the Philippines: AIR Worldwide

Typhoon Bopha - Image Credit Wikipedia

According to catastrophe modeling firm AIR Worldwide, Super typhoon Bopha made landfall at 2100 UTC on the island of Mindanao with a central pressure of 930 mb and 10 min sustained winds of 100 kts (115 mph)). NASA-TRMM data indicate that there were maximum rainfall rates of 50-75 mm/hr at landfall. According to AIR, given that insurance penetration in this area is around 10% to 20%; insured losses are not expected to be high as a result of this event. “Bopha is a unique storm due to its intensity and…

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Typhoon Nesat Makes Landfall in Philippines

According to catastrophe modeling firm AIR Worldwide, Typhoon Nesat (known locally as “Pedring”) made landfall in the eastern Isabela and Aurora provinces on the Pacific coast of the Philippines at 18:21 GMT Monday, September 26 with maximum sustained winds of 120 mph (195 kilometers per hour), making it a category 2 typhoon. Nesat came ashore exactly two years after Typhoon Ketsana, the most devastating typhoon for the Philippines in the 2009 Pacific typhoon season. “Strong monsoonal flow from the south resulted in significant moisture and more than 400 mm of…

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Tropical Storm Gert to Brush Bermuda

BOSTON, Aug. 15, 2011 — According to catastrophe modeling firm AIR Worldwide, the seventh named storm of the Atlantic hurricane season, Tropical Storm Gert, is approaching Bermuda and is expected to skirt the island before turning back out to sea, away from the U.S. east coast. The tropical depression that is now Gert formed in the Atlantic late Saturday night, and was upgraded to tropical storm status by Sunday afternoon. As of today’s 11:00 AM EDT advisory from the National Hurricane Center (NHC), Gert was located about 95 miles southeast…

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