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AIR Provides Modeling Support for the Helix Catastrophe Bond Launched by Converium.

Publication: Business Wire
Publication Date: 15-JUN-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

BOSTON--(BUSINESS WIRE)--June 15, 2004

AIR's NWP-based European Extratropical Cyclone Model Used to

Assess Risk to European Exposures

AIR Worldwide Corporation (AIR) today announced it has performed the risk modeling and analysis in support of a private placement by Helix 04 Limited, a Bermuda special purpose exempted company. The five year, $100 million transaction provides catastrophe cover to Converium Ltd. for potential losses from European windstorm, U.S. earthquake, U.S. and Caribbean hurricane and Japanese earthquake. Aon Capital Markets underwrote the transaction and placed...

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