Earthquake
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From Japan to Haiti to Nepal, recent devastation serves as a sobering reminder of the importance of understanding, evaluating, and managing earthquake risk.” - Dr. Robert Muir-Wood, earthquake expert and RMS chief research officer |
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Understanding Earthquake Risk:
A Peril With No Warning
Earthquakes happen several hundred times a day all over the world—often causing significant impacts with no warning, making resilient planning and risk mitigation imperative.
Covering seismically active regions across five continents, RMS provides comprehensive coverage for modeling global earthquake risk, giving you the most informed view of risk possible.
RMS earthquake models are built using the most advanced technologies, science, and data, including:
- +Lessons learned from historical events
- +The best available earthquake catalogs and data on site-specific geologic conditions
- +Ongoing research on global and region-specific seismic hazard modeling
- +Damage statistics and claims data for recent major events in collaboration with local experts in building engineering
- +A variety of earthquake policy types
Understanding Regional Differences
Regional differences can be significant when it comes to tectonic settings, built environments, and market conditions. RMS models account for unique circumstances specific to each region.
Involvement With the Local Scientific Community
RMS is at the forefront of pioneering research and development in global earthquake risk, working in close collaboration with local scientific agencies and researchers.
Secondary Peril Implications
As experienced during major events such as the San Francisco 1906 earthquake to the 2011 Tohoku, Japan event, secondary perils such as fire and tsunami can drive significant loss. We include such secondary perils for a truly complete view of earthquake risk.
