AIR Enhances Catastrophe Risk Modeling Systems

AIR Worldwide Corporation has announced the latest releases of its CLASIC/2, CATRADER, and CATStation catastrophe risk management systems. Version 9.5 features import, analysis, and export enhancements.

“As the demand for catastrophe modeling grows, there is a greater need to perform reliable analyses in a shorter period of time,” says Uday Virkud, senior vice president at AIR Worldwide. “Today, catastrophe model users need to run detailed analyses and view their results in multiple ways to better understand their underlying catastrophe risk. In this release, we have focused on performance improvements so that our clients can derive the maximum benefit from our models during the short reinsurance renewal period.”