Live Insurance News

In the Aftermath of Cyclone Phailin, Significant Damage Reported: AIR Worldwide

October 15, 2013 PR Article

BOSTON, Oct. 15, 2013 – According to catastrophe modeling firm AIR Worldwide, around 21:15 local time (15:45 UTC) on Saturday, October 12, Very Severe Cyclonic Storm Phailin made landfall on the eastern coast of India near Gopalpur in Odisha. Phailin was a large storm, with gale force winds (>63 km/h) extending 250 km on either side and storm force winds (>93 km/h) extending 100 km on either side. Results of simulations of Phailin using the AIR Tropical Cyclone Model for India indicate that insured wind losses to onshore properties in…

Downgraded Tropical Storm Ingrid Makes Landfall on Mexico’s East Coast: AIR Worldwide

September 16, 2013 Guest Author

BOSTON, Sept. 16, 2013 – According to catastrophe modeling firm AIR Worldwide, Tropical Storm Ingrid had weakened from its Category 1 hurricane status by the time it made landfall near the small town of La Pesca on the eastern coast of Mexico between 6:00 and 7:00 a.m. CDT this morning. The National Hurricane Center’s 7:00 a.m. CDT Public Advisory reported that an Air Force Hurricane Hunter aircraft and radar imagery had confirmed that Ingrid had made landfall and that the storm’s wind speed had not increased in intensity as anticipated…

Typhoon Nalgae on Course to Hit the Philippines

September 30, 2011 Guest Author

BOSTON, Sept. 30, 2011 — According to catastrophe modeling firm AIR Worldwide, Typhoon Nalgae (named “Quiel” by the Philippines state weather bureau, PAGASA) formed on September 24 east of Guam from an area of convection with a weak low-level circulation center. Over the next several days, Nalgae became better organized under moderate vertical wind shear and high sea surface temperatures of 29°C-30°C. It strengthened to tropical storm strength and was named by the Japan Meteorological Agency (JMA) on September 26. Nalgae is the nineteenth named tropical cyclone of the 2011…

Hurricane Maria Makes Landfall On Newfoundland and Quickly Becomes Post-Tropical

September 17, 2011 Guest Author

BOSTON, Sept. 17, 2011 – According to catastrophe modeling firm AIR Worldwide, Extratropical Storm Maria made landfall as a minimal Category 1 hurricane on Newfoundland’s Avalon Peninsula near Cape Pine on Friday afternoon about 4:00 pm local time (2:30 pm EDT) after a long journey off the entire coastline of eastern North America. By the time of the National Hurricane Center’s (NHC) 5:00 pm (EDT) Advisory on Friday, Maria already had crossed the peninsula and entered the waters of the north Atlantic. “It was moving at nearly 60 mph and…