News from AIR, AIG, Lloyd's, Fidelis Insurance and more. (Photo: Shutterstock)
Catastrophe risk modeling firm AIR Worldwide (AIR) has released a Multiple Peril Crop Insurance (MPCI) Model for India that aims to help support probabilistic assessments of potential losses caused by yield shortfalls for 11 major crops across the two main India crop-growing seasons. The MPCI Model for India is an event-based model, with an event defined as an individual crop year made up of a Kharif season (summer) and the following rabi season (winter). The model features a stochastic catalog of 10,000 simulated crop years which describes the wide range of possible crop loss scenarios.
Willis Towers Watson has launched three new cyber insurance policies for clients across the U.S., Canada, the U.K. and Western Europe. The policies provide tailored solutions for large enterprise and mid-market clients and contain broad cyber triggers for data breach coverage, regulatory claims and business interruptions. The policies also include important protection for cyberattacks against the supply chain, along with coverage clarity and affirmative cyber coverages to limit silent cyber exposures.
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Danielle Ling
Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].
