RMS News Archive

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	"Objective Estimation of Tropical Cyclone Wind Structure from Infrared Satellite Data," Weather and Forecasting December 2006 - January 2007 RMS' Kimberly Mueller, along with Mark DeMaria, John Knaff, James P. Kossin, and Thomas H. Vonder Haar, authored this article detailing the use of infrared satellite data in estimating the wind structure of tropical cyclones.
	"Pausing for Breath," Environmental Finance December 2006 - January 2007 RMS chosen as the "Best Advisory/Data Service," for its 7th year running, as part of the Environmental Finance 2006 Market Survey. RMS' Director of Weather Risk Solutions, Jeff Hamlin, is quoted on the growth of the global weather market during 2006.
	"Insurers Learn to Pinpoint Risks -- and Avoid Them," LA Times November 28, 2006 RMS' Hemant Shah featured in article outlining the basics behind RMS cat models, and the impact of the last two hurricane seasons on the insurance market and modeling.
	"Newark Firm Helps Insurance Companies Manage Risk," CBS November 28, 2006 RMS' Paul VanderMarck was interviewed by a local CBS reporter in response to the LA Times article on modeling and its impact on insurance. A full story and clips from the interview ran on the evening news. Footage of Tristan Camanga doing a RiskBrowser demo was also included.
	"Risk is His Business," LA Times November 26, 2006 RMS' Hemant Shah featured in an article laying out the background and history behind Risk Management Solutions and the increasing role of cat modeling in the insurance industry.
	"Mother Nature Commands Fresh Respect From Risk Modelers," Industry Focus October 15, 2006 RMS' Hemant Shah quoted on the participation of executives in modeling choices and decisions, as well as key lessons learned in 2005.
	"Blame the Weatherman: Hurricane Warnings Led to Bad Market Bets," Bloomberg October 6, 2006 RMS' statement on insurers' expectations for increased annual storm claims mentioned in Bloomberg article on the effect of hurricane warnings on the insurance market.
	"Catlin Enters $200 Million Cat Swap," Insurance Journal October 2, 2006 RMS' director of Risk Markets, Tibor Winkler, quoted on the stochastic risk analyses developed and used in Catlin Bermuda's $200 million Cat swap.
	"Insurers Balk at Coastal Coverage," The Island Packet September 25, 2006 RMS' Josh Darr quoted on use of hurricane models in determining possible damage and likelihood of future storms.
	"Group: Wind Insurance a Must in Florida," FXStreet.com September 21, 2006 RMS wind model used in study on the effect of homeowners' efforts to make homes storm resistant in return for insurers offering wind coverage to those who make changes.
	"Insurers Told to Do More to Tackle Climate Change," Reuters September 4, 2006 RMS' chief research officer, Dr. Robert Muir-Wood quoted on the need for the insurance industry to share responsibility for increases in risk as a result of climate change.
	"Risky Business," CNN Money August 22, 2006 RMS' Dr. Robert Muir-Wood featured discussing the reasoning behind insurance hikes following last year's hurricane season. The article provides a brief outline of what RMS does as a cat modeler, and the basics behind how RMS models are formed and updated based on historical trends and expert elicitation.
	"Insurers Say Terror Too Risky to Cover," Washington Times July 26, 2006 RMS' Peter Ulrich quoted on the private-public partnership necessary to cover huge losses from terrorist attacks.
	"The 25 Most Influential Companies," Reactions April 1, 2006 RMS named one of the "25 Most Influential Companies" along with AIG, Swiss Re, Lloyds and others.
	"The Next Generation," Reactions April 1, 2006 Peter Nakada interviewed as part of a panel discussion on the future of cat modelling, touching on model updates, and thoughts on the catastrophic risks facing the insurance industry.
	"Lessons Learned from Katrina," Insurance Networking News April 1, 2006 Paul VanderMarck is quoted on what the industry learned from Hurricane Katrina and what changes are being made as a result.
	"Londres: Prévoir les Risques pour la Population, Tout un Art," Journal de 20H, FT1, French Television March 29, 2006 Andrew Coburn and Peter Ulrich talk to FT1, a French television station, about what RMS does and terrorism risk in particular.
	"Big Rise Seen in Storm Losses for Next 5 Years," Reuters March 24, 2006 Changes to the RMS hurricane model are profiled and Robert Muir-Wood is quoted on the implications of the changes.
	“Models for Hard Times,” Contingencies March 1, 2006 Patricia Grossi co-authored this article on how catastrophe models can help the insurance industry weather the storms. Components of catastrophe models, the significance of the exceedance probability curve, and new developments in modeling are some of the topics included in the article.
	“RMS CEO Discusses Cat Models at Bermuda Conference,” Insurance Journal March 1, 2006 Hemant Shah talks about how the recent hurricane seasons are driving changes in modeling and the importance of data quality in catastrophe risk information.
	“Forecasters See 60% Rise in Hurricane Losses,” CNNMoney February 28, 2006 This article talks about what changes risk modeling companies are making in light of the anticipated hurricane seasons.
	“The Model Modeller,” The Review February 1, 2006 RMS' Robert Muir-Wood and Gordon Woo are interviewed in this article discussing RMS, modeling in general, and hurricane and terrorism risk in particular.
	“RMS Advances the Science of Catastrophe Risk Models,” Bermuda Re February 1, 2006 The inaugural issue of the Bermuda Reinsurance magazine, Robert Muir-Wood explains how RMS' updated models will reflect a new understanding of hurricane risk. Topics covered include recalibration and expansion of vulnerabilities, loss amplification, and enhanced storm surge modeling.
	“Remodeling in the Megacat Age,” Risk & Insurance January 17, 2006 Hemant Shah speaks to the value of risk models to insurers during the last few record-breaking years of losses.
	“The Worst Isn't Over,” BusinessWeek January 16, 2006 Robert Muir-Wood is quoted on using claims analysis to capture the nature of disasters in risk models.
	"Three Questions: Hemant Shah,” Business Insurance January 15, 2006 Hemant Shah talks about risk modeling and the steps RMS is taking to help the insurance industry to better manage cat risk.
	“Insurance Industry 100 most Powerful (North America) List," InsuranceBroadcasting.com January 9, 2006 RMS' CEO and President, Hemant Shah, has been chosen as one of the 100 most powerful people in the insurance industry according to InsuranceBroadcasting.com's 5th annual list. Shah was selected to represent the "Risk Modeling" category based on criteria ranging from diversity of power to influence over resources.
	"Looking Ahead: Cat Risk in 2006,” Insurance Day January 3, 2006 Authored by Robert Muir-Wood, this article talks about increased hurricane activity rates and the impact on the insurance market.
	"Three Not-to-Miss Risks,” CSO Magazine January 1, 2006 Robert Muir-Wood talks about some of the biggest risks facing the U.S., including a flu pandemic, flood exposure, and a massive cyber attack.