Obtain a clear competitive advantage in risk selection, risk transfer, and capital management. Covers property (including business interruption) and human exposures.
RMS Spider Accumulation
Identify global concentration hot spots and accurately evaluate accumulations that can generate unexpected losses.
Model different levels of threat assessments to quantify sensitivity of losses due to a heightened or reduced threat each year.
Multiple Attack Modes
Over 30 attack modes including multiple magnitudes of conventional and chemical, biological, radiological, and nuclear (CBRN) attack modes.
Extensive Target Database
Nearly 10,000 high-likelihood targets across 18 countries are frequently updated and used as the basis for stochastic scenarios.
The Market-Leading Terrorism Risk Model
The most widely accepted model in the industry gained its credibility from experts in the field, the use of 3D blast modeling techniques, and through consistent updates to the models reflective of the current landscape. RMS also works with government agencies to inform views on terrorism risks.
Terrorism Risk During the COVID-19 Pandemic
While countries across the world continue to tackle the global coronavirus pandemic, the terrorism threat landscape has seen changes. Networks of various ideologies have been looking to exploit insecurities around the virus, either to enhance their organization or to spread panic by advocating terrorist attacks. For counterterrorism practitioners surveilling the main threat actor groups, online propaganda messages have been posted by right-wing extremists …
Terrorism Risk for California Workers’ Compensation
The terrorism landscape has changed significantly since 9/11. There is a visible shift from large-scale attacks to a growing number of lone wolf attacks. Many believe there has not been a major terrorist event in the United States post 9/11, but one should not overlook the near-misses in the recent past which could have caused massive losses such as the 2016 New York-New Jersey bombings. The unpredictable and catastrophic nature of terrorism led to the…
At this year’s RMS Terrorism Risk Summit, we focused attention on the U.S. landscape. The main issue these days in terrorism insurance discussions relates to the Terrorism Risk Insurance Protection and Reauthorization Act (TRIPRA), which will expire at the end of December 2020 if not reauthorized. This important legislation is also known by other acronyms including TRIA (Terrorism Risk Insurance Act) and TRIP (Terrorism Risk Insurance Program). In discussing the…
Managing the Multifaceted Terrorism Threat: RMS Terrorism Risk Summit 2019
Despite the paucity of large-scale terrorism attacks in North America, the multifaceted terrorism threat in the U.S. continues to be a significant one that must be managed by the (re)insurance risk management industry,according to experts at this year’s RMS Terrorism Risk Summit. The theme for this year’s summit, held in New York on September 25, focused on the multifaceted terrorism threat landscape in the U.S. and how the…
Better Understand Your Terrorism Risks