RVS Live: CEE to get new cat models in 2018
"We have had years with major events like Andrew and Katrina, but in terms of climate change and climate variability we do not see a difference to the past -although significant events are happening. To put things in proportion the aggregate industry cat losses are below the modeled average", Dr SIMIC added.
AIR Worldwide's extratropical tropical cyclone model, which already covers important parts of CEE, will also get an upgrade and be expanded to Slovenia and Slovakia, Dr. Milan SIMIC told XPRIMM during the Rendez-vous de September in Monte Carlo. This June, the catastrophe risk modeling firm AIR Worldwide has released the industry's first comprehensive severe thunderstorm model for Australia.