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Catastrophe Modeling Overview
AIR Worldwide Corporation (AIR), a subsidiary of ISO, is the technological leader in catastrophe modeling.
AIR pioneered the development and application of probabilistic catastrophe modeling, which revolutionized the way insurers, reinsurers, and financial institutions manage their catastrophe risk. AIR's leading-edge models of global natural hazards form the basis of its software systems. Those systems can help you identify, quantify, and plan for the financial consequences of catastrophic events.
AIR's models cover all major natural hazards, including:
- wildfire
- hurricanes
- earthquakes
- winter storms
- tornadoes
- hailstorms
AIR has models for more than 40 countries throughout North America, the Caribbean, South America, Europe, and the Asia-Pacific region.
AIR also models man-made perils. The AIR Terrorism Loss Estimation Model can help you make pricing and underwriting decisions and meet the requirements of the Terrorism Risk Insurance Act of 2002.
Follow the links to see how you can use AIR technology to develop your strategies for pricing, underwriting, claims management, individual-risk selection, risk transfer, and portfolio management:
For more information. . .
. . . about AIR, visit the AIR website. And to find out how you can get AIR products and services — or to get in touch with a sales representative — contact ISO. You can also call us at 1-800-888-4476.
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