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US hurricane models found wanting

20 January 2010

Recent analysis of near-term US hurricane models has found that models for the cumulative seasons from 2006 to 2009 have greatly overestimated losses.

Read more: hurricane models AIR RMS Karen Clark

Recent analysis of near-term US hurricane models has found that models for the cumulative seasons from 2006 to 2009 have greatly overestimated losses.

Catastrophe risk management company Karen Clark & Company found that actual cumulative losses for the period were $13.3bn, compared to the predicted average of $40bn.

AIR Worldwide (AIR), Eqecat and Risk Management Solutions (RMS) introduced near-term...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
More than $7bn
0%