AIR Worldwide Collaborates With RenaissanceRe to Develop Industry’s First Probabilistic Model for Extreme Liability Events
Catastrophe modeling firm AIR Worldwide (AIR) today announced that it is collaborating with
"Since our inception,
As part of the collaboration, AIR is producing portfolio-specific casualty losses based on its innovative exposure management application, Arium. Arium's scenario-based loss assessment framework enables companies to systematically measure portfolio loss potential and exposures to simulated scenarios representing both emerging risks and forward-projected historical events. AIR and
"We're currently developing the industry's most comprehensive model of liability risk to help companies understand the complex interconnections in their portfolios, resulting in a comprehensive assessment of potential future losses," said Dr.
"Arium is a powerful exposure management application designed to help companies evaluate liability accumulations and run casualty risk scenarios," said
Better Integration of Medicaid and Federal Grant Funding Would Improve Outcomes for People With Substance Use Disorders
Sen. Murray: New Trump Administration Health Rule ‘Open Invitation’ for Insurers to Charge More and Skirt Patient Protections
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News