Boston - AIR Worldwide Corp. issued a white paper titled, "Understanding Climatological Influences on Hurricane Activity: The AIR Near-term Catalog." The paper reviews the current state of research on climatological impacts on hurricane activity and explains the approach used to create AIR's near-term sensitivity catalog, which quantifies the influence of sea surface temperature (SST) forecasts on insured losses for the next five years."Our analyses confirmed the correlation between elevated sea-surface temperatures and overall hurricane activity in the Atlantic basin," says Karen Clark, president and CEO of AIR Worldwide Corp. "However, there is considerable uncertainty in the expected magnitude and time horizon of potentially elevated risk along the coastline and, most importantly, the impact on regional insured losses."
The result of more than eight months of research by AIR's scientists, in collaboration with Accurate Environmental Forecasting (AEF), is reflected in a near-term catalog of potential hurricane activity that will be released by AIR later this month. The research undertaken by AIR and AEF has been peer reviewed by Dr. Kerry Emanuel of MIT and Dr. Jim Elsner of Florida State University.
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