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Cat modellers factor in flood risk from moon wobble
21 July 2021AIR Worldwide and JBA Risk Management say the impact is marginal
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Catastrophe modellers are red hot on climate
09 July 2021InsuranceERM's annual roundup of developments among catastrophe modellers and platform providers finds one overwhelming theme: the need to provide insurers with better ways to understand the impact of climate change on risk. Cintia Cheong, Christopher Cundy, Ronan McCaughey and Paul Walsh report
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Non-natural catastrophes and sustainability are the focus for AIR Worldwide
13 May 2021Bill Churney discussed the risk modelling firm's strategy
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Climate change could drive hurricane losses 24% higher by 2050
06 May 2021RMS adds European flood insured losses could rise 59% by mid-century due to climate risk
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Climate change could radically reshape US insurance losses
26 January 2021Re/insurers in the US could face a 20% increase in hurricane-related property losses because of climate change. But that's just the average. In certain regions, the losses might be several times higher by 2050, as AIR Worldwide's Peter Sousounis explains to Christopher Cundy
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The 2020 Atlantic hurricane season: breaking unexpected records
27 November 2020This year will be remembered for the having the largest number of tropical storms, but it has been a relatively lucky season without serious losses. For insurers and risk modellers, the long-term impact may be the advances in technology forced upon them by the pandemic, as Paul Walsh reports
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Average annual cat losses hit $100bn
17 November 2020AIR Worldwide says the 100-year return period loss is currently $301bn
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AIR Worldwide forecasts up to $3bn insured losses from hurricane Delta
14 October 2020Damage exacerbated due to Delta following hurricane Laura
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RMS estimates up to $3.5bn insured cost from Sally
24 September 2020Hurricane Sally came with stronger winds than expected, weakened quickly but was slow-moving, says RMS
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Hurricane Sally insured losses could hit $3bn
21 September 2020Latest estimates from AIR Worldwide and Karen Clark & Company