RMS earthquake models provide assessment of risk at timescales most applicable to (re)insurance applications.
Extensive stochastic event sets capture the full range of potential earthquakes to produce a comprehensive representation of events at key return periods including tail risk events.
Evaluate potential hot spots and drivers of risk in earthquake portfolios for effective risk differentiation strategies.
RMS earthquake models provide you with the information you need to understand, evaluate, and manage earthquake risk in regions around the world.
Gain deep understanding of regional differences, including tectonic settings, built environments, and market conditions.
Assess the spectrum of potential earthquake losses with models that leverage computational power and data-driven approaches to reduce uncertainty.
See the potential loss impacts of secondary perils such as liquefaction, landslide, fire following earthquake, and tsunami in our complete view of earthquake risk.
Benefit from country-specific expertise with models built in close collaboration with on-the-ground scientific agencies, local engineers, and research bodies.
Regional and Country Earthquake Models
New Zealand Earthquake Model
Earthquake risk modeling across New Zealand includes new insights on liquefaction.
Latin America and Caribbean Earthquake Models
Covering earthquake risk in 40 countries and territories.
RMS Liquefaction Update
The new and advanced approach to modeling liquefaction, a high-gradient hazard, gives more confidence to underwriters in pricing the risk from ground-related damage, location by location, and to portfolio managers in managing risk accumulations in areas prone to liquefaction.
What Makes RMS Earthquake Models Different?
Working with leading scientific agencies and partners, each RMS earthquake model incorporates the latest findings in earthquake research from institutions such as the United States Geological Survey (USGS), Pacific Earthquake Engineering Research Center (PEER) and national bodies around the world.
Accounting for the impact of sub-perils including tsunami and fire-following earthquake, where applicable, RMS models integrate sub-perils to allow their impact to be separately assessed. Liquefaction and landslide, complex secondary geohazards, are modelled to capture the potential for generating both widespread and highly localized losses.
Focus on Ground Motion
New innovations include advanced ground motion modeling that predicts the extent to which shaking attenuates from source to site and high-resolution ground motion amplification models that reflect the latest science; through to custom-built sedimentary basin models for areas with the greatest potential for large amplifications.
RMS earthquake models incorporate learnings from the latest earthquake events, such as the 2010 Maule, Chile Earthquake, 2010-11 Canterbury Earthquake Sequence of events and 2016 Kaikoura in New Zealand, 2011 Tohoku in Japan and larger, significant U.S. events from the last thirty years such as 1994 Northridge and 1989 Loma Prieta.
New Zealand Earthquake: How the Last Decade Has Changed Everything
Go back to this time 10 years ago and earthquake risk in New Zealand was a relatively low priority for the global (re)insurance industry; a decade later, and this perspective has certainly changed. Insured losses of around NZ$40 billion (US$24.1 billion) came from the 2010-2011 Canterbury Earthquake Sequence (CES) and the 2016 Kaikoura earthquake; the former is the world’s second largest earthquake insured loss. These events had a considerable impact across…
Newcastle: Thirtieth Anniversary of Australia’s Largest Earthquake Loss. But What If…?
Over the past 15 years, we have witnessed some of the world’s largest possible recorded earthquakes that have had catastrophic impacts around the globe. But, looking back 30 years to 1989, we saw two smaller, but still significant earthquakes. The first was the M6.9 Loma Prieta event that hit the San Francisco Bay Area in October, an earthquake that is familiar to many due to its proximity to the city, and its level of destruction. However,…
Nine Years After Darfield: When an Earthquake Drives a New Model – Part Two
The Liquefaction Model The 2010 M7.1 Darfield earthquake in New Zealand started a sequence of events – the Canterbury Earthquake Sequence (CES), that propagated eastward in the Canterbury region over several years. Since the City of Christchurch is built on alluvial sediments where the water table is very shallow, several of the larger events created widespread liquefaction within the city and surrounding areas. Such ground deformations caused a significant…
Northridge Earthquake Today Could Cost Insurers $20B: RMS
An earthquake like 1994’s Northridge, California quake could cause $20 billion in insured losses today, catastrophe modeling firm RMS said last week. In spite of the fact that many structural advancements have been made since 1994, a similar 6.7 earthquake today would cause total insured losses of $16-$24 billion.
Find the Model to Fit Your Needs