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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Typhoon Ma-On Nears Japan

BOSTON, July 18, 2011 – According to catastrophe modeling firm AIR Worldwide, with winds gusting to 157 kilometers per hour (98 miles per hour), Category 2 Typhoon Ma-On (local name “Ineng”) has passed Minami Daito Island and is moving at about 19 kph (12 mph) toward the north. Currently about 885 kilometers (550 miles) southwest of Tokyo, Ma-On is expected to stay at its current intensity for the next 24 hours and make landfall on Shikoku Island Tuesday morning local time. Ma-On is a large storm with typhoon force winds…

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