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Weather Simulation Model for Insurers

BOSTON—May 15, 2006—AIR Worldwide Corp. has released its third-generation numerical weather prediction-based (NWP) European Extratropical Cyclone Model. The model is intended to teach insurers to better estimate potential losses from extreme windstorms in Europe through an approach based on the meteorological principle of Available Potential Energy (APE).

According to a recent announcement, AIR meteorologists developed the model by first developing an original application of the APE principle depicting the build-up of mid-latitude energy. They then used the relationship between APE and storm intensity to refine the distribution of winds within each simulated event, while maintaining the overall integrity of each extratropical system. The result is a stochastic catalog of potential storms with more realistic wind footprints, the company said.

The European Extratropical Cyclone Model is available in Version 8.0 of CLASIC/2 and CATRADER, AIR’s catastrophe risk management systems.

www.air-worldwide.com

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