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What are Cat Updates

As a service to subscribers, RMS offers e-mail notifications and web updates for catastrophe event occurrences around the world. The RMS catastrophe response team monitors global windstorm, earthquake, and other hazard activity 24 hours a day, 7 days a week, and notifies clients of significant event occurrences before and after they strike. Emphasis is placed on events of sufficient intensity to cause insurance loss in regions covered by RMS models, as well as major humanitarian or economic disasters.

Cat Updates help RMS clients respond more effectively to impending or recent catastrophic events. The updates include details on event characteristics and location, parameters for simulating a scenario event in RiskLink®, and RMS perspective on exposures at risk, impacts, and losses. RMS also provides industry loss estimates using our catastrophe modeling technology and exposure databases, combined with up-to-the-minute event data. Scientific analysis of the event, and damage reports are available to all through our publically available website.

The RMS catastrophe response team posts current information to the RMS web site at least once a day when responding to events or tracking potential threats. E-mail notifications are sent to clients when new information is posted. RMS clients can access the full Cat Updates postings in the client resources area of the RMS website.

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Related Information

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Effective Catastrophe Response brochure

RiskOnline®
Subscribers to Cat Updates and licensed clients have free access to the real-time industry loss estimates generated by RiskOnline. Access the industry results with the same user name and password used to log into the Client Resources area of the RMS web site.
RiskOnline®

 

 

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