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Total property damage from Hurricane Harvey’s flooding estimated at between US$65-75 billion: AIR Worldwide

September 7, 2017 by Canadian Underwriter

Property losses from flooding in Texas caused by Hurricane Harvey’s record-breaking rainfall will be between US$65 billion and US$75 billion, catastrophe modelling firm AIR Worldwide estimated in a press release issued late Wednesday. The estimate includes damage to all properties

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Earth likely to see increase in frequency and intensity of storms, wildfires and flooding: AIR Worldwide

July 5, 2017 by Canadian Underwriter

The earth is likely to see an increase in the frequency and intensity of weather phenomena, including severe thunderstorms, wildfires, inland floods and coastal flood, according to projections from catastrophe risk modelling firm AIR Worldwide. The projections were contained in

News CatastrophesInsuranceMergers and Aqcuisitions

Slow-moving Hurricane Matthew expected to make landfall in Haiti on Tuesday as Category 4 storm

October 4, 2016 by Canadian Underwriter

Slow-moving Hurricane Matthew is forecast to make landfall on Haiti’s Tiburon Peninsula around midday on Tuesday as a Category 4 storm, according to the National Hurricane Center (NHC). As one of the most powerful North Atlantic hurricanes in recent history