AER Emerging Risk research program will create new datasets and assess trends in risk due to climate change

LEXINGTON, Mass.--(BUSINESS WIRE)--August 15, 2013--

Atmospheric and Environmental Research (AER), a Verisk Analytics (Nasdaq:VRSK) company, announced today that its scientists have begun a new emerging risk research program entitled Climate Change: Tornado and Hail to quantify any shifts in the patterns of hazard related to severe thunderstorms in North America. The initiative is co-sponsored by a group of insurance industry and financial sector companies.

AER’s meteorological, remote sensing, and actuarial scientists are teaming with industry thought leaders to conduct an extensive historical analysis of thunderstorm wind, hail, and tornadoes to determine whether those perils are exhibiting a different frequency or severity than in the past. The AER research team is also assessing whether there is evidence of local influences on storm occurrence within different parts of a city. The AER Emerging Risk research study will focus primarily on tornadoes and hailstorms, which are of high interest to commercial lines and personal lines insurers in both the U.S. and Canada.


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