Aspen Claims Service

AIR Worldwide Analyzes ‘Significant Damage’ from Cyclone Phailin

 Friday, October 18, 2013

 Insurance Journal

According to catastrophe modeling firm AIR Worldwide “Very Severe Cyclonic Storm Phailin made landfall on the eastern coast of India near Gopalpur in Odisha.” AIR said it was a “large storm, with gale force winds (63 km/h [39 mph]) extending 250 km [155 miles] on either side and storm force winds (93 km/h [58 mph]) extending 100 km [62.137 miles] on either side. Results of simulations of Phailin using the AIR Tropical Cyclone Model for India indicate that insured wind losses to onshore properties in India (buildings, contents) will not exceed $150 million.”