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AIR Worldwide was an American risk modeling and data analytics company based in Boston, Massachusetts that was acquired by Verisk Analytics in 2022. It had customers in insurance, reinsurance, financial services, and government markets.
Catastrophe modeling [1] (also known as cat modeling) is the process of using computer-assisted calculations to estimate the losses that could be sustained due to a catastrophic event such as a hurricane or earthquake.
In 2002, it expanded its decision analytics business with the acquisition of AIR Worldwide, a catastrophe modeling firm. [5] In 2004, it entered the healthcare market by acquiring several businesses, through which it offers analytical and reporting systems for health insurers, provider organizations, and self-insured employers.
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Essential tools for creating music. 3. Characteristics/qualities of a large mammal. 4. These words are related to a particular genre of music (hint: they deal with "names" that are spelled a ...
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A year loss table (YLT) is a table that lists historical or simulated years, with financial losses for each year. [1] [2] [3] YLTs are widely used in catastrophe modeling as a way to record and communicate historical or simulated losses from catastrophes.
TCAM (Transport Chemical Aerosol Model; TCAM): a mathematical modelling method (computer simulation) designed to model certain aspects of the Earth's atmosphere. TCAM is one of several chemical transport models, all of which are concerned with the movement of chemicals in the atmosphere, and are thus used in the study of air pollution.