National Underwriter: What are the competitive advantage of AIR Worldwide's U.S. Hurricane Model vis-à-vis the competition?
Ming Lee: What sets our model apart is its greater stability over time. It has long been considered the most consistent, realistic and comprehensive view of hurricane risk. From revision to revision, the model gets more refined and more granular, but a robust model, which ours is, should not require dramatic updates. Also, there is a tremendous amount of transparency around our model: We have literally thousands of pages of documents explaining [our methodology], and our scientists are available to answer questions.
NU: How has the model's view changed regarding the extent and severity of inland losses that hurricanes can cause?
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