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Article: AIR Worldwide Releases Updates to its Catastrophe Risk Modeling Systems.
- Article from:
- Business Wire
- Article date:
- August 12, 2008
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BOSTON -- AIR Worldwide Corporation (AIR) has released updates to its CATRADER[R], CLASIC/2[TM] and CATStation[R] catastrophe risk management systems. The version 10.0 releases include a number of significant software enhancements such as quicker import of insurance-linked securities, storage and querying of non-modeled global exposure data, expanded commercial policy terms and conditions, and substantially reduced run times.
"CATRADER is the industry standard application for analyzing catastrophe reinsurance and insurance-linked securities," said Uday Virkud, P.E., executive vice president at AIR Worldwide. "In this release, investors can easily import a new ...