Catastrophe & Restoration

Understanding portfolio exposures early in a catastrophe helps insurers deploy resources where needed.

Due to the relatively low wind speeds (compared to hurricanes), the average claim size is expected to be low, according to catastrophe modeling firm AIR Worldwide.

The crash of Air Algerie MD-83 in Mali last July was triggered by the icing of pressure probes after pilots failed to turn on anti-icing systems.

The increasing losses from severe thunderstormswhich include hail, heavy rains and flash flooding, tornadoes, thunder and lightningare a growing challenge for society and insurers alike.

Spex app collects photos, notes, diagrams, dimensions, field sketching, video and audio and inspection reports, which allows estimators, contractors and insurance companies to agree on the scope of work.

The German government will create a task force with the countrys airlines to examine security measures in the aftermath of last weeks Germanwings crash.