Aon Benfield, a reinsurance and services provider, has launched the first functional Asian typhoon model to span all of Asia, the company says.
Released by Aon Benfield’s catastrophe model development center, Impact Forecasting, the new model is designed to help insurers assess the impact typhoons have on China, Hong Kong, India, Philippines, South Korea, Taiwan, Thailand and Vietnam. The model is also designed to assess damage caused by tropical cyclones born in the Northern Indian Ocean and the North West Pacific Ocean.
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