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Catastrophe risk modeler AIR Worldwide has launched the Verisk COVID-19 projection tool, AIR said in a statement Wednesday.
Using AIR’s pandemic modeling data, the interactive tool provides COVID-19 case and death projections worldwide for the next four weeks, with data updated on a daily basis, the statement said.
Modeled projections of the pandemic are available globally at a country level, and outputs factor in variations in data availability and reliability, including underreporting, the statement said.
The projection tool uses data from an AIR catastrophe model and account for the effectiveness of containment measures, including the impact of social distancing, isolation, quarantining, and other mitigation factors, the statement said.
The complimentary tool is being provided to communities, businesses, governments and insurers to allow “a better understanding of what the near future of the COVID-19 pandemic could look like,” Doug Fullam, director of life/health modeling at AIR, said in the statement.
More insurance and risk management news on the coronavirus crisis here.
Insured losses resulting from Hurricane Florence’s winds and storm surge will range from $1.7 billion to $4.6 billion, not including the impact of the ongoing flooding caused by the storm’s unprecedented precipitation, according to AIR Worldwide.