News from AIR Worldwide, American International Group Inc., Marsh and more. News from AIR Worldwide, American International Group Inc., Marsh and more. (Photo: Shutterstock)

Catastrophe risk modeling firm AIR Worldwide has released Touchstone Re, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and portfolios, industry loss warranties and insurance-linked securities. In addition to releasing Touchstone Re, AIR updated its flagship catastrophe risk modeling platform, Touchstone, to include enhancements that enable users to perform new analytics, customize the software, and improve and simplify users' workflows.

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