Browse by year:
RMS Sees Dorian Wind & Surge Caribbean Industry Loss At Up tTo $6.5bn
Artemis
September 10, 2019
Hurricane Dorian Insured Losses In Bahamas Could Hit $6.5 Billion: RMS
Claims Journal
September 10, 2019
Hurricane Dorian Insured Losses In Caribbean From Wind, Storm-Surge Could Hit $6.5B
Insurance Journal
September 10, 2019
Dorian Insured Losses In Caribbean Could Reach $6.5 Billion: RMS
Business Insurance
September 10, 2019
Cyber Insurance-Linked Securities Will Come 'Sooner Than Later'
S&P Global
September 10, 2019
Dorian Could Drive Industry Loss Of $6.5bn In The Caribbean, Says RMS
Reinsurance News
September 10, 2019
Climate Change On The Business Agenda
The Insurer
September 09, 2019
US Wildfire: A Fundamental Re-evaluation
Intelligent Insurer
September 09, 2019
RMS Estimates $3.5bn-$6.5bn Dorian Loss In Caribbean
The Insurer
September 09, 2019
Legacy Tech Won’t Cut It, Warns RMS Region Head
Intelligent Insurer
September 09, 2019
Intelligent Insurer
September 08, 2019
Dorian Weakens As It Lashes NC, Continues North With Hurricane Winds
Artemis
September 06, 2019
Dorian expected to cause claims on high-value properties: Moody’s
Business Insurance
September 05, 2019
Weakened Dorian Skirts Florida
Insurance Insider
September 04, 2019
Hurricane Dorian Expands And Weakens As It Approaches US
Trading Risk
September 04, 2019
Hurricane Dorian Slams Bahamas, Approaches US
Insurance Asia News
September 04, 2019
RMS Says Few Precedents For Bahamas Dorian Strike
Insurance Insider
September 03, 2019
Notable Cat 2 southeast hurricanes cost insurers average $4.4bn: RMS
Trading Risk
September 02, 2019
Hurricane Dorian slams Bahamas, Florida,expected industry losses range between $11.3bn to $37.2bn
Asia Insurance Post
September 02, 2019
Hurricane Dorian looks set to miss Florida
Bermuda Re/Insurance
September 02, 2019
Hurricane Dorian makes landfall in the Bahamas
Insurance Asia News
September 01, 2019
Hurricane Dorian now 150mph, but track shifts east offshore of Florida
Artemis
August 31, 2019
Focus: Rethinking the modelling of wildfire risk
Insurance Day
August 30, 2019
South Florida landfall would cause ‘sizeable’ reinsurance loss: KBW
Insurance Day
August 30, 2019
RMS: Median of insured loss from Dorian-type hurricanes $24.6bn
Insurance Insider
August 30, 2019
Insured losses from Dorian-like storms $11.3bn-$37.2bn: RMS
The Insurer
August 30, 2019
Destructive winds & storm surge forecast as Dorian reaches Cat 4
Reinsurance News
August 30, 2019
Expected Dorian landfall creeps south
Insurance Insider
August 30, 2019
British Insurance Awards 2019: Risk and Resilience Award - RMS
Insurance Post
July 11, 2019
Christchurch City Council Looks to ILS to Boost Cover; Mayor Dalziel Visits EC3
Intelligent Insurer
July 08, 2019
Insurers Paid Out NZ$40bn Following Christchurch Earthquake
Insurance Post
July 04, 2019
Christchurch Explores ILS Issue in Insurance Overhaul
Insurance Insider
July 04, 2019
Political Headwinds Batter Real-World Rewrite of Flood Insurance
Bloomberg Environment
July 02, 2019
RMS’ New Data Solutions Deliver Real Time, Site-Specific Insights
Insurance Innovation Reporter
July 01, 2019
RMS Expands Risk Intelligence platform
Reinsurance News
July 01, 2019
RMS Boosts Data for Primary Underwriters
Commercial Risk Online
July 01, 2019
RMS Releases Underwriting Tools Deliver Rapid, Site-Specific Insights
Asia Insurance Post
June 28, 2019
RMS Launches Underwriting Data Tools
InsuranceERM
June 28, 2019
IN Magazine (NAMIC)
June 26, 2019
RMS’ North Atlantic Hurricane Models Approved by Florida Commission
Reinsurance News
June 25, 2019
Historic Wildfire Suppression Could Lead To 'Mega Loss Events'
Insurance Business Canada
June 14, 2019
Gov. DeSantis Goes Bold On Climate Change. Even Rick Scott Says it’s Real. Now What?
Sun Sentinel
May 24, 2019
RMS Unleashes Open Data Modeling Standard With No License or Fee Required
Carrier Management
May 16, 2019
RMS Launches New Risk Modeling & Data Platform, As It Sunsets RMS(One)
Reinsurance News
May 14, 2019
RMS Launches New Risk Intelligence Platform & Sunsets RMS(One)
Artemis
May 14, 2019
RMS Reworks Core Modelling Platform
Insurance Insider
May 14, 2019
ETF.com
May 02, 2019
Dave Ruedger, CISO, Risk Management Solutions, Inc.
Security Current
May 02, 2019
Florida cat fund LAE reimbursement increase passes Senate
Insurance Insider
May 02, 2019
RMS updates risk models for Asia Pacific earthquake
Asia Insurance Review
April 30, 2019
RMS appoints Asia-Pacific managing director
Asia Insurance News
April 30, 2019
RMS adds Andy Woodhouse as MD for Asia, Japan
Reinsurance
April 29, 2019
RMS boosts North America and Asia-Pacific capabilities
Insurance Business Asia
April 29, 2019
Reactions unveils London Market Awards 2019 shortlist
Reactions
April 29, 2019
RMS updates U.S. hurricane, Asia quake models. Hires MD for Asia-Pac & Japan
Artemis
April 28, 2019
RMS launches model updates for Asia Pacific earthquake, North Atlantic hurricane
Reinsurance News
April 28, 2019
More Women Die in Natural Disasters—Why? And What Can Be Done?
Brink
April 24, 2019
Student conference provides inspiration
The Actuary
April 11, 2019
Florida Cat Fund LAE Reimbursement Increase Passes Committee
Insurance Journal
April 09, 2019
When Cyber Attack Hit Norsk Hydro, It Was Already Handling a Major Upheaval: RMS
Insurance Journal
April 09, 2019
InsurTechs have failed to make the industry more democratic
Insurance Insider
March 25, 2019
Southeastern U.S. Tornadoes Leave Trail of Destruction
The Insurance Insider
March 05, 2019
Tornadoes Cause ‘Significant Damage’ and Deaths in Southeastern U.S.
Intelligent Insurer
March 05, 2019
Catastrophe Models are Effective Risk Management Tools, but Require an Owner’s Manual
Insurance Business Canada
March 05, 2019
Southeast Tornados Deemed Deadliest in Nearly 6 Years
P&C Specialist
March 05, 2019
Europe’s flood risk is linked to atmospheric ‘seesaw’
Nature
March 04, 2019
First terrorism bond opens the way for more
Global Capital
February 28, 2019
RMS Releases U.S. Wildfire High-Definition Model for Reinsurers
Law.com
February 26, 2019
Suppress a contagion early to avert disaster
Financial Times
February 26, 2019
Thousands of Floridians Aren’t Insuring Their Homes
NBC Miami
February 25, 2019
RMS Launches New HD Wildfire US
Intelligent Insurer
February 19, 2019
RMS to Enhance View of U.S. Wildfire Risk with New HD Model
Artemis
February 19, 2019
RMS Release US Wildfire HD Model
Continuity Insurance & Risk
February 15, 2019
California Plans Law to Tap Wildfire Insurance, Combat Costs
InsuranceERM
February 15, 2019
New law set to transform US data privacy for insurers
Insurance Day
February 08, 2019
Risk modelers take measured view of climate change impacts
Insurance Insider
January 29, 2019
Uptake of Private Flood Remains Low
National Association of Professional Insurance Agents
January 29, 2019
The market for cyber-insurance is growing
StocksMarket.IN
January 26, 2019
RMS names Cihan Biyikoglu Exec VP of Product
Reinsurance News
January 25, 2019
People on the move in the P&C insurance industry
Property Casualty 360
January 25, 2019
RMS appoints Cihan Biyikoglu to executive vice president of product
Middle East Insurance Review
January 25, 2019
The Market for Cyber-Insurance is Growing
The Economist
January 24, 2019
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap
Carrier Management
January 22, 2019
Maps Show Where Wildfires Have Burned Over And Over Again in LA County
Curbed Los Angeles
January 22, 2019
Hurricane Florence Demonstrates Perils of Being Underinsured/ Uninsured, Says RMS
Carrier Management
January 22, 2019
Parametric Philippine City Disaster Insurance Pool in the Works
Artemis
January 17, 2019
How Catastrophe Modeling can Help Insurers Price Risk
Insurance Business New Zeland
January 12, 2019
Federal Terrorism Backstop Reduces California Comp Exposures: Study
Business Insurance
January 07, 2019
Tech Giants 'Not Prepared' for Impact of an Earthquake
The Daily Telegraph
January 07, 2019
Cyentia Podcast
January 02, 2019
Weather-related catastrophes take toll on insurers
Financial Times
December 26, 2018
Indonesia Tsunami Damage Update from RMS
InsuranceERM
December 24, 2018
Assessing Wildfires’ Impact on P/C Insurers’ 2018 Results
Insurance Journal
December 20, 2018
Utilities, Insurance Industry Adapt to California's Fire Disasters
KCBS
December 14, 2018
Op-Ed: Why long-term NFIP reform is a must
Reactions
December 13, 2018
Official Figure on Insured Losses for 2018 California Wildfires Reaches $9B
Insurance Journal
December 12, 2018
PG&E Faces Lawsuits, Coverage Questions After More California Wildfires
Claims Journal
December 11, 2018
Michael losses pushing upper end of estimates
Insurance Insider
December 10, 2018
CAT bonds could be key to paying for wildfire losses
Marketplace
December 10, 2018
Liberty, Chubb count cost of California fires
Insurance News.AU
December 10, 2018
Cat losses returned to ‘normal’ levels over 2018: Peel Hunt
Reinsurance News
December 10, 2018
Complacency kills: Caribbean gears up for tsunamis
The Montserrat Reporter
December 10, 2018
Complacency kills: Caribbean gears up for tsunamis
MSN.COM
December 08, 2018
Complacency kills: Caribbean gears up for tsunamis
BBC News
December 08, 2018
Hours clause questions raised over California wildfire reinsurance claims
Artemis
December 07, 2018
US wildfires may no longer be secondary peril: Aon
Insurance Insider
December 06, 2018
2018 tropical cyclones caused above-average losses: Munich Re
Insurance Insider
December 05, 2018
Chubb (CB) Provides Q4 Catastrophe Loss Estimate of $195M
Zack's Investment Research
December 04, 2018
Sacramento Bee
December 03, 2018
Breaking Down the Protection Gap
Asia Insurance Review
December 03, 2018
Rebuild Paradise? Since 1999, 13 Large Wildfires Burned in the Footprint of the Camp Fire
Mercury News
December 02, 2018
8 Numbers that Tell the Grim Story of California’s Wildfires
PBS Newshour
November 30, 2018
New Technology gets Consumers’ and Insurers’ Feet Wet on Flood Risk
Insurance Business Americas
November 28, 2018
Duncan Bridgeman: Insuring for Climate Change just got Harder
NZ Herald
November 28, 2018
California fire losses may pass $17 billion: RMS
InsuranceNews.AU
November 26, 2018
How do we cope with wildfires' financial impacts?
CAL Matters
November 26, 2018
MSN News Germany
November 24, 2018
ILS investors count losses from Camp Fire
Global Reinsurance
November 23, 2018
Property & Casualty Insurance Players Going Strong in Q4
Zacks
November 23, 2018
Rain in California raises flood, remains-finding fears
North West Arkansas Times
November 22, 2018
Fitch: reinsurers’ earnings will fall on California wildfire losses
RISKAFRICA
November 22, 2018
Camp Fire nearly overcome as Woolsey extinguished
Insurance Insider
November 22, 2018
Insured wildfire losses may exceed highest estimate: Goldman Sachs
Reinsurance News
November 22, 2018
California wildfire blindsides cat bondholders
Global Capital
November 22, 2018
Wildfire Losses Should Have Been Priced In, Says Fitch
Seeking Alpha
November 22, 2018
California wildfires and environmental radicalism
American Thinker
November 22, 2018
California’s Camp wildfire toll rises by another 1,273 structures destroyed
Artemis
November 22, 2018
Fires in California could cost insurers up to 13...
Assinews.it
November 21, 2018
Reinsurers' earnings to fall on California wildfire losses
Property Casualty 360
November 21, 2018
Death Toll From California Wildfires Climbs to 84 - Reports
Sputnik
November 21, 2018
Camp Fire damages could top $7 billion. Will PG&E get more protection?
Sacremento Bee
November 21, 2018
Woolsey Fire Victims First To Sue Southern California Edison
Law 360
November 21, 2018
Wildfires in California cost US$13 bi for insurance companies
MSN Brazil
November 20, 2018
RMS issues California fire loss estimate
Bermuda Re
November 20, 2018
California wildfires-related insured losses within anticipated level: Fitch
Reuters
November 20, 2018
RMS estimates insured losses from California wildfires to be between $9 Bn and $13 Bn
Asia Insurance Post
November 20, 2018
California wildfire insured estimates rise as commercial losses mount
Business Insurance
November 20, 2018
When disaster strikes: How wildfires affect your insurance
MSN News
November 20, 2018
California Wildfires Seen Costing Insurers Up to $13 Billion
Bloomberg
November 19, 2018
Insured losses related to Calif. wildfires could reach $13B, says RMS
SNL Financial
November 19, 2018
RMS calculates California wildfire costs
ITIJ
November 19, 2018
Fires are billions in damage - already 80 Dead in California
Handelsblatt
November 19, 2018
Wildfires in California cause costs of up to US$ 13 bi to insurance companies
Valor Economico
November 19, 2018
California wildfire insured losses could reach $13 billion: RMS
Business Insurance
November 19, 2018
RMS: Insured Loss Estimate May Reach $13 Billion for California Camp and Woolsey Wildfires
AM Best
November 19, 2018
US: Fires in California Leave Billions in Losses
PLEnglish
November 19, 2018
Losses from California Wildfires To Cost $9-13 Billion
NewsR
November 19, 2018
California wildfires estimated to cost insurers up to $13bn
Financial Times
November 19, 2018
Insurers Grapple with Increasing Wildfire Risk
Financial Times
November 18, 2018
USA: Fires in paradise: Exposure Growth and Catastrophe Risk in the Wildland-Urban Interface
PreventionWeb
November 15, 2018
Insurers Dispatch Wildfire Crews to Save California Homes
Claims Journal
November 14, 2018
Devastating Wildfires set to be the Norm for California
InsuranceERM
November 14, 2018
Californian power companies under scrutiny as wildfires spread
Financial Times
November 13, 2018
How Insurance Industry Might React to ‘New Normal’ of California’s Historic Wildfires
Insurance Journal
November 13, 2018
Swollen Cali Wildfire Risk Hits Insurance, ILS Sectors
GlobalCapital
November 13, 2018
2018 to be Worst Year in a Decade for Insurers
Insurance Business
November 12, 2018
California Wildfire Insured Losses at Billions of Dollars and Climbing
Insurance Journal
November 12, 2018
Deadly Wildfires Devastate California
Insurance Insider
November 12, 2018
AIG, Chubb Dispatch Wildfire Crews as California Blazes Spread
Bloomberg
November 12, 2018
Insurers brace for more storm damage after quarterly losses of $9bn
Financial Times
November 11, 2018
Three California Wildfires Threaten Thousands of Structures
Insurance Insider
November 09, 2018
From Underwater Mortgages to Underwater Buildings
WNYC - The New Yorker Radio Hour
November 09, 2018
“Not much” risk managers can do to guard against major nat-cats
Strategic Risk Asia
November 06, 2018
RMS warns of left-field disasters
Insurance News.AU
November 05, 2018
Reinsurance Key to Controlling Cat Losses in Japan
AM Best TV
November 05, 2018
Best's Review
November 01, 2018
Climate change and the hurricane season
Asia Insurance Review
November 01, 2018
RMS Launches Inland Flood Risk Model for the U.S. in High Definition
Artemis
November 01, 2018
RMS Launches US Inland Flood Risk Model
InsuranceERM
November 01, 2018
RMS Launches U.S Inland Flood HD Model
Reinsurance News
November 01, 2018
RMS forecasts major catastrophes in Asia-Pacific
Commercial Risk
October 30, 2018
Perth, Wellington, Bali make 1-in-100 disaster list
InsuranceNews
October 30, 2018
RMS Lists Top 10 ‘1-in-100-Year’ Events for Asia Pacific Region
Insurance Journal
October 30, 2018
Asia Pacific region to experience even more destructive cat events, says RMS
Reinsurance News
October 29, 2018
Ten 'mega catastrophes' that could hit Asia-Pacific
Insurance ERM
October 29, 2018
Asia Pacific remains highly vulnerable to major catastrophes
Prevention Web
October 29, 2018
Market Leading Solutions Across Asia-Pacific
Asia Insurance Review
October 29, 2018
RMS Lists Top 10 ‘1-in-100-Year’ Events for Asia Pac Region
Carrier Management
October 29, 2018
Major catastrophe threat to Asia-Pacific
Strategic Risk Asia
October 29, 2018
RMS: One-in-100 Year Cats Faced by Asia-Pacific Could Include China Quake and Australia Cyclones
AM Best
October 29, 2018
Coordination Needed to Fix Underinsurance
Insurance Asia News
October 26, 2018
Global Underinsurance has Barely Decreased in Six Years: Lloyd's
Insurance Post
October 26, 2018
Lloyd's Identifies Finance Tools for Disaster Protection
GlobalCapital
October 25, 2018
$163bn Global Insurance Gap Identified
The Actuary
October 24, 2018
RMS Director Urges Companies to consider Europe Flood Risk
Global Reinsurance
October 23, 2018
Hurricane Michael Insurance Claims Pouring in
Business Insurance
October 23, 2018
Ransomware could displace data theft as leading cyber risk
Insurance Times
October 23, 2018
Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats
Security Ledger
October 23, 2018
Closing the Insurance Gap Needs Capital Market Support: Lloyd’s
Artemis
October 23, 2018
Hurricane Loss Questions? Join Us on Facebook Live, 1 p.m. ET, Oct. 24
PropertyCasualty360
October 22, 2018
$160bn Insurance Gap in Emerging Nations is Hardly Closing, says Lloyd’s
Reinsurance News
October 22, 2018
RMS Maintains $10bn Upper Limit for Michael, Including NFIP Losses
Inside FAC
October 22, 2018
RMS Confirm Hurricane Michael Losses of up to $10bn
Commercial Risk Online
October 22, 2018
Hurricane Michael Insured Loss up to $10bn: RMS
Reinsurance News
October 22, 2018
'Insurance Gap' Threatens Disaster-Vulnerable Poor Nations - Lloyd's
Reuters
October 22, 2018
Lloyd’s of London to aid nations’ disaster response
Financial Times
October 21, 2018
RMS Estimates Michael Losses at up to $10bn
InsuranceERM
October 20, 2018
RMS pegs Michael Insured Losses at Upto $10bn
Reinsurance
October 19, 2018
Insured Losses from Hurricane Michael Could be up to USD 10bn
Actuarial Post
October 19, 2018
Insured Losses from Hurricane Michael to be Between USD $6.8 Billion and $10 Billion: RMS
Asia Insurance Post
October 19, 2018
Capital Markets Ideally Placed to meet Emerging ECIS Demand: RMS
Artemis
October 19, 2018
One Event, but a Massive Array of Risks
Corporate Risk and Insurance
October 17, 2018
Jebi Loss Hits $7bn as Fears of Multi-billion Trami Loss Rise
Insurance Insider
October 16, 2018
Why Surprise can Move a Market
Global Reinsurance
October 12, 2018
Georgia Insurance Chief Says to Prepare for Hurricane Michael; State of Emergency Issued
Insurance Journal
October 10, 2018
Hurricane Michael’s current forecast closest to 1975’s Eloise: RMS
Reinsurance News
October 09, 2018
Hurricane Michael a Very Different Storm to Florence: RMS
Artemis
October 09, 2018
Hurricane Michael: Two Days' Old And Still Growing Rapidly
Property Casualty 360
October 09, 2018
Private Flood Insurance Market is a Lifeboat as NFIP Struggles to Keep Head Above Water
Insurance Business Magazine
October 08, 2018
Japan Hit by Eighth Typhoon of the Year
Insurance Asia Post
October 05, 2018
Philippines: Agriculture, Terrorism, and Financial Lines in the Spotlight as Emerging Areas
Asia Insurance Review
October 04, 2018
Business Mirror
October 03, 2018
Excess and Surplus Lines Market Prospers Amidst Competition
Business Insurance
October 02, 2018
Leader's Edge
October 01, 2018
Reactions Unveils North America Awards Winners!
Reactions
September 28, 2018
Trami to Hit Okinawa En Route to Mainland Japan
Insurance Insider
September 28, 2018
Typhoon Trami to Strike Japan at Cat 3
Insurance Insider
September 27, 2018
RMS and Cambridge University Launch New Data Schema to Manage over $500tn Insurance Exposure
Asia Insurance Review
September 26, 2018
Cyber insurance: Information Age's Comprehensive Guide to Cyber Liability Insurance
Information Age
September 26, 2018
Florence Insured Losses Viewed as ‘Manageable’: Analyst
Business Insurance
September 26, 2018
Insured Florence losses as high as $5bn: RMS
Reinsurance News
September 25, 2018
RMS puts Florence losses at $2.8bn - $5bn
Trading Risk:
September 25, 2018
Hurricane Florence damaged 11,000 more homes due to sea level rise
Think Progress
September 25, 2018
Assessing Florence damage from a bird's-eye view [photos]
Property Casualty 360
September 25, 2018
RMS predicts up to $5bn insured losses from Florence
Environmental Finance
September 25, 2018
Florence loss estimates vary wildly between £2.8bn and $11bn
Intelligent Insurer
September 25, 2018
Florence Estimated Insured Losses: $2.8 – $5B
Bernews
September 25, 2018
Hurricane Florence: People gear up to evacuate after severe flooding in South Carolina
DNA India
September 25, 2018
Waterways rise in South Carolina, residents told to leave
Thomson Reuters Foundation News (Resilience News)
September 25, 2018
Carolina residents prepare for post-Florence flooding
Saudi Gazette
September 25, 2018
POLITICO
September 25, 2018
Florence puts focus on rising rainfall risks
Business Insurance
September 25, 2018
Florence’s insured losses could be $5 billion
Insurance Business Magazine
September 25, 2018
Florence Estimates Highlight Extent of Flood Protection Gap in Carolinas
Insurance Day
September 25, 2018
Hurricane Florence insured losses to range from $2.8 billion to $5 billion: RMS
Reuters
September 24, 2018
Risk Tracker RMS predicts up to $5 Billion in Insured Losses from Hurricane Florence
CNBC
September 24, 2018
"A Standardised View of Risk is Necessary"
Insurance Business UK
September 24, 2018
RMS Florence estimate maxes out at $5bn
Reactions
September 24, 2018
RMS' DeCicco: Most Florence Losses are Due to Flood, Thus Less Insured
A.M. BestTV
September 24, 2018
Risk tracker RMS predicts up to $5 billion in insured losses from Hurricane Florence
CNBC
September 24, 2018
Florence led to as much as $5bn in insured losses: RMS
Insurance Insider
September 24, 2018
Insured losses from Florence could reach $5 billion: RMS
Business Insurance
September 24, 2018
Thousands in South Carolina brace for post-Florence flooding
Reuters
September 22, 2018
RMS, Cambridge University Launch Data Schema to Manage $500T of Insurance Exposure
Insurance Innovation Reporter
September 20, 2018
Exposure Data Standard Needed to Reduce Accumulation & Clash Risk: RMS
Artemis
September 19, 2018
The Worst-Case Scenario Is the Insurer’s Best Tool
BRINK
September 17, 2018
KCC releases $2.5bn insured loss estimate for Hurricane Florence
Reinsurance News
September 17, 2018
Hurricane Florence looms over US east coast
Financial Times
September 12, 2018
Executives On The Move at Zurich, AIG and RMS
Carrier Management
September 12, 2018
Reinsurance
September 12, 2018
Why Florence Is Dangerous for Insurers
Wall Street Journal
September 12, 2018
Hurricane Florence Storm Surge, Wind Could Rival Hugo’s $20.5 Billion Reconstructed Loss Value
Best's Review
September 12, 2018
Could Hurricane Florence Cost Insurers $20 Billion?
Insurance Journal
September 11, 2018
Insurers Braced for $20bn Florence Damage
Insurance Insider
September 11, 2018
RMS Names Neil Isford EVP, Sales & Client Development
Reinsurance News
September 11, 2018
Hurricane Florence Takes Aim As Major Storm. What’s At Risk?
Artemis
September 11, 2018
Hurricane Florence Could Cause Insured Losses of $20bn, says RMS
Reinsurance News
September 11, 2018
Insurers Brace for Major Florence Losses
Trading Risk
September 11, 2018
Hurricane Florence Poses $20 Billion Threat for Insurers if History Repeats
Property Casualty 360
September 11, 2018
Florence Becomes Category 4 Hurricane As It Nears US
Intelligent Insurer
September 10, 2018
Florence Bears Down on the Carolinas As Cat 4 Hurricane
Reinsurance
September 10, 2018
Florence May Cost Insurers Up to $20 Billion If History Repeats
Bloomberg News
September 10, 2018
Why Do You Need a Weatherman to Know Which Way the Wind Blows?
Reinsurance
September 09, 2018
A Job Working On Disaster Risk Made This Man Want To Stay In Miami During Hurricane Irma
WLRN
September 09, 2018
Houston Eyes Designer Bonds to Pay for $15 Billion Ike Dike
Bloomberg News
August 30, 2018
Insuresilience
August 28, 2018
From Insurance Data Management to Data Enlightenment
Property Casualty 360
August 23, 2018
Can We Afford to Keep Rebuilding in the Line of Wildfires?
Gizmodo
August 20, 2018
Hailstorms on Track to again cause over $10 Billion in Insured Losses in 2018
Business Insurance
August 14, 2018
Catastrophe Modeling Platform expands into Cyber Risk
Insurance Business America
August 01, 2018
Executives on the Move at Chubb, XL Innovate and RMS
Carrier Management
July 25, 2018
Over 90% of NJ and NY Homes could have Cheaper Premiums with Private Flood Insurance - Report
Insurance Business Magazine US
July 25, 2018
Gaps in Catastrophe Risk Modeling point to Path forward
Business Insurance
July 24, 2018
RMS unveils expanded Terrorism Model
InsuranceERM
July 18, 2018
RMS updates Terrorism Models to address New Trends
Reinsurance News
July 18, 2018
The latest Launches from RMS, Liberty Mutual and JLT Re
Carrier Management
July 18, 2018
New Cyclone Model hits Australia
StrategicRisk
July 15, 2018
Cat Modeling Firms facing Renewed Pressure on Loss Estimates
InsuranceERM
July 13, 2018
Asia can drive new Phase of ILS Growth: ILS Asia 2018 Speakers
Artemis
July 13, 2018
WCIRB: California Workers’ Comp Written Premium to be Down Again This Year
Insurance Journal
June 15, 2018
Positive signs of bridging CAT protection gap in Asia
Asia Insurance Review
June 08, 2018
RMS responds to AIR's attack on hurricane risk modeling
InsuranceERM
May 29, 2018
Reactions unveils 2018 LatAm Winners!
Reactions
May 25, 2018
California Wildfire shocks prompt drive to improve Exposure Management
Insurance Day
May 24, 2018
Assessing Technology’s impact on Insurance Claims
Property Casualty 360
May 22, 2018
AIR picks fight with RMS over Atlantic Hurricane Models
InsuranceERM
May 18, 2018
RMS sets Record Straight after 2017 Cats
Reactions
May 18, 2018
Reactions
May 17, 2018
Flood Modeling, Mapping Science Continue to Develop
A.M. Best
May 17, 2018
RMS' Muir-Wood: Unprotected Losses have Far-Reaching Impacts
A.M. Best
May 17, 2018
RMS' Sabbatelli: Key Task for Modelers is Checking Projections against Reality
A.M. Best
May 16, 2018
Disaster Risk Modeling can be Romantic (Although that's not Why South Florida Governments care)
WLRN
May 16, 2018
RMS' White: Insurance Is on the Cusp of a Tech-Based Makeover
A.M. Best
May 15, 2018
Reactions
May 15, 2018
Human Activity pushes rise in Asia Cats
Reactions
May 15, 2018
RMS' Pritula: Tech Changes Everything, but Not as Quickly as Some Promise
A.M. Best
May 15, 2018
Modelers: Recent Catastrophes put the Spotlight on Flooding
A.M. Best
May 14, 2018
RMS' Van Leer: 2017 Wildfires Write New Chapters in Risk Modeling
A.M. Best
May 14, 2018
RMS' O'Connell: Going Digital Can Uncover Growth Opportunities
A.M. Best
May 14, 2018
RMS' Burgess: China, India Among Regional Leaders in Reducing Large-Scale Risk
A.M. BestTV
May 06, 2018
Claims Management equals Risk Management
Property Casualty 360
May 03, 2018
Cyber Insurance has a Sting in the Tail
Property Casualty 360
May 01, 2018
How Parametric Products work to Supplement Indemnity Policies: RIMS
Insurance Journal
April 29, 2018
RMS' Moss: Risk Models are too Useful to be used by Insurers Only
A.M. BestTV
April 18, 2018
Whitepaper: Insurers urged to begin Location Data Debate
Insurance Day
April 04, 2018
Backstopping Catastrophes was a Quiet Business — then came the Hurricanes
Institutional Investor
April 04, 2018
Insurer to Charge more for High Risk Earthquake Prone Homes
NZ Herald
April 03, 2018
Modeling Weather Risks in the Middle East
Middle East Insurance Review
April 01, 2018
Parametric Insurance: the Future of Risk Transfer?
Strategic Risk
March 22, 2018
Five Insurers Underwrite 60% of US Cyber Premiums
InsuranceERM
March 08, 2018
RMS launches Probabilistic Cyber Risk Model
InsuranceERM
March 07, 2018
RMS announces launch of Re/Insurance Industry's first Probabilistic Cyber Risk Model
Reinsurance News
March 07, 2018
First Probabilistic Cyber Risk Model launched by RMS
Artemis
March 07, 2018
RMS releases Probabilistic Cyber Risk Model with Cyber Solutions v3.0
Insurance Innovation Reporter
March 07, 2018
RMS appoints Karen White as CEO
Asia Insurance Review
March 02, 2018
Karen White to Replace Hemant Shah as CEO of RMS
Reinsurance News
March 02, 2018
RMS appoints Silicon Valley Executive White as CEO, Succeeding Shah
Insurance Journal
March 02, 2018
RMS appoints Karen White as CEO
DMGT
March 01, 2018
Catastrophe Modeler RMS names new CEO
Business Insurance
March 01, 2018
RMS appoints Adam Sandler to Run Modeling and Data Solutions
Insurance Innovation Reporter
March 01, 2018
RMS taps QBE business transformation officer
Intelligent Insurer
February 28, 2018
RMS hires Sandler from QBE for underwriting transformation focus
Artemis
February 28, 2018
Tackling the U.S. Flood Insurance Challenge
Property Casualty 360
February 28, 2018
RMS names Adam Sandler as Head of Underwriting, Cyber and Model Solutions
Reinsurance News
February 28, 2018
RMS hires QBE's Sandler as Modeling Head
Trading Risk
February 28, 2018
Asia Insurance Post
February 24, 2018
Paris flooded; Other Inland Cities may be next
Paris Globalist
February 15, 2018
Modeling Risks: How could it have been worse?
Asia Insurance Review
February 09, 2018
The Long-Term impacts of 2017's Natural Catastrophes
InsuranceERM
February 06, 2018
Why Insurers aren’t rushing to offer Earthquake Insurance in Quebec
Canadian Underwriter
February 04, 2018
RMS strengthens client support in Asia Pacific with new office in Australia
Asia Insurance Review
February 04, 2018
Praedicat raises $6M for Casualty Cat Model development
Artemis
January 30, 2018
California’s Thomas Fire insured losses at up to $2.5bn
Intelligent Insurer
January 23, 2018
Losses from Southern California Fire could reach $2.5B, Expert says
Insurance Journal
January 23, 2018
RMS warns of $2.5bn loss from California's Thomas Fire
InsuranceERM
January 23, 2018
Thomas Wildfire to cost Insurers $1bn-$2.5bn: RMS
http://www.insuranceinsider.com/thomas-wildfire-to-cost-insurers-1bn-2.5bn-rms
January 22, 2018
RMS puts Thomas Fire loss estimate at up to $2.5 billion
Reinsurance News
January 22, 2018
California Thomas wildfire to cost Re/Insurers up to $2.5bn: RMS
Artemis
January 22, 2018
RMS pegs Thomas Fire at $1bn-$2.5bn
Trading Risk
January 22, 2018
InsuranceERM Awards Winners revealed
InsuranceERM
January 15, 2018
How Technology is Influencing the Insurance Industry
The Record
January 15, 2018
Best catastrophe risk modeling solution: RMS
InsuranceERM
January 15, 2018
Banks begin to Model Climate Risk in Loan Portfolios
Risk.net
January 15, 2018
Natural Calamities & Their Impact on Ports & Terminals
Sea News
January 12, 2018
Risk Modellers consult Crystal Balls
Reactions
January 03, 2018
California Wildfires – Understanding and Addressing the Risk
Insurance Business Americas
December 22, 2017
WCIRB Report on California Earthquake Risk Assessment
WCIRB Wire
December 18, 2017
As California Fires blaze, Homeowners fear losing Insurance
Reuters
December 18, 2017
Analysis: RMS Lends Hand to NFIP Rating Update
Reactions
December 15, 2017
Southern California Wildfires burn Homes, force Evacuations
Intelligent Insurer
December 08, 2017
Insurance Claims Keep Rising in Puerto Rico after Hurricane María
Caribbean Business
December 08, 2017
Wildfires take Los Angeles Area by Surprise
Wall Street Journal
December 08, 2017
Don’t Forget About the Sixth Seal (Revelation 6:12)
Epeak World News
December 07, 2017
Managing Risk in Port Developments
Maritime Journal
December 06, 2017
Data Analytics: Fueling the Future of Insurance
Carrier Management
December 05, 2017
Experts See Expanding Role for Parametric Insurance, Including for U.S. Disasters
Insurance Journal
November 22, 2017
RMS advises caution over Maria Insured Loss Estimates
Commercial Risk Online
November 21, 2017
RMS Comments: What’s Next If Flood Insurance Reform Passes? If It Fails?
Insurance Journal
November 20, 2017
Cyentia Podcast
November 20, 2017
RMS suggests Rivals overstated Maria losses
The Insurance Insider
November 17, 2017
Maria losses less than some Estimates: RMS
Trading Risk
November 17, 2017
Flood Programme overhaul passes US House
Insurance Day
November 15, 2017
All South Floridians in the House voted against Flood-Insurance overhaul. Here’s Why
Miami Herald
November 14, 2017
Las Vegas Massacre may add more than $1 Billion to Insurer Costs
Bloomberg Markets
November 10, 2017
California Wildfire Insured Losses could reach $8 Billion: Aon Benfield
Reinsurance News
November 09, 2017
CFO Magazine
November 06, 2017
California Wildfire Insured Losses at $3.3 Billion and Climbing
Reinsurance News
November 01, 2017
Parametric Insurance explored for U.S. Disasters
Claims Journal
October 31, 2017
RMS puts Wine Country Wildfire Losses at up to $8 Billion
Reinsurance News
October 30, 2017
RMS ups Wine Country Wildfire Estimate to $6bn-8bn
Insurance Insider
October 27, 2017
Insured Loss Estimates from California Wildfires Now up to $8 Billion
Insurance Journal
October 27, 2017
RMS strengthens Client support in Asia Pacific with new Office in Australia
Asia Insurance Review
October 27, 2017
Dr. Pierre Wiart to lead RMS’ new Sydney Office
Reinsurance News
October 25, 2017
Think "What If" to better analyse Risks-Lloyd's/RMS
Asia Insurance Review
October 25, 2017
RMS recruits Munich Re’s Arnoldussen
Insurance Insider
October 23, 2017
Hurricane Maria to cost Lloyd’s $900mn
Trading Risk
October 23, 2017
Analyzing near misses can help with Capacity Management, Capital Calibration: RMS, Lloyd’s
Canadian Underwriter
October 23, 2017
RMS hires Arnoldussen, former Germany & Asia Pacific Head at Munich Re
Artemis
October 23, 2017
Billions in Losses – where will Wildfires rank among California’s Costliest Disasters?
The Sacramento Bee
October 20, 2017
A Lloyd’s report urges insurers to ask “what if?”
The Economist
October 20, 2017
California wildfires threaten a $4.6 billion+ industry loss: Moody’s
Reinsurance News
October 17, 2017
Insurance Payouts may not cover all Wildfire Damage for California Wineries
Reuters
October 17, 2017
Hurricane Nate Insured losses will not Exceed $500 Million: RMS
Reinsurance News
October 16, 2017
Up to 15,000 Structures worth nearly $14 billion at Risk from Cali Wildfires: RMS
Reinsurance News
October 16, 2017
Flood Modeling is Challenging but Vital
Intelligent Insurer
October 16, 2017
California Wildfires Threaten Significant Losses for P/C Insurers, Moody’s Says
Insurance Journal
October 16, 2017
Call to Capital Markets to aid in rebuilding Nations after Disaster
Global Capital
October 15, 2017
Q3 Cat Losses to lead to Price rises for London Market insurers
Intelligent Insurer
October 13, 2017
California Wineries are still in Crisis as Wildfires Rage on
CNN Money
October 13, 2017
Death Toll in California Wildfires reaches 29
Financial Times
October 12, 2017
KQED Radio
October 11, 2017
Houston will get hit with Another Harvey. Now’s the Time for it to get Ready.
Huffington Post
October 10, 2017
California Wildfires are a ‘Larger Scale Disaster’
Insurance Journal
October 10, 2017
Thousands of Homes at Risk from Northern California Wildfires
Business Insurance
October 10, 2017
Asian Nations weigh potential of Risk Pools
Trading Risk
October 05, 2017
US Property Underwriters begin push for Rate rises
The Insurance Insider
October 03, 2017
RMS raises California Wine Country Loss Estimate to $6bn-$8bn
Inside FAC
October 03, 2017
The latest launches from Willis Towers Watson, Beazley/Generali and RMS
Carrier Management
October 03, 2017
Food, Water, Fuel Shortages Persist as Trump set to visit Puerto Rico
The Globe and Mail
October 02, 2017
Leader's Edge
October 02, 2017
Puerto Rico Power Outage set to hurt Global Reinsurers
Reuters
September 29, 2017
RMS estimates Hurricane Maria Insured Losses at $15bn to $30bn
Commercial Risk Online
September 29, 2017
People on the Move in the P&C Insurance Industry: Sept 29, 2017
Property Casualty 360
September 29, 2017
Insured Losses from Maria could reach US $30bn
CIR Magazine
September 29, 2017
Maria insured losses $15bn-$30bn: RMS
Trading Risk
September 28, 2017
What We Learn from Major Hurricanes
Insurance Journal TV
September 25, 2017
RMS makes new Hire to Lead US Inland Flood Model
Intelligent Insurer
September 25, 2017
The Importance of Technological Advances for Cat Modelers
Insurance Journal TV
September 25, 2017
How Hurricane Irma compared to Hurricane Harvey
Insurance Journal TV
September 25, 2017
RMS appoints Pete Dailey VP, Global Flood Models Team
Reinsurance News
September 25, 2017
Risk Modelers put Mexico City Quake Loss at up to US $4.8bn
Artemis
September 25, 2017
Latest Deadly Quake, Volcanic Ash spread Alarm in Mexcio
Eyewitness News
September 24, 2017
Latest Mexico Quake spreads Alarm, Some Rescue Efforts Suspended
Reuters
September 23, 2017
Hurricane Irma Insurance Industry Loss up to $55bn: RMS
Artemis
September 21, 2017
Hurricane Irma Insured Losses could reach $55 Billion: RMS
Reinsurance News
September 21, 2017
Lessons Learned from the 2017 Hurricane Season
Insurance Journal TV
September 21, 2017
RMS puts Irma Insured Losses at $35bn-$55bn
Trading Risk
September 20, 2017
Irma Loss up to $55bn as Caribbean Claims mount: RMS
The Insurance Insider
September 20, 2017
Hurricane Maria Exposes a Common Problem for Puerto Rico Homeowners: No Insurance
Wall Street Journal
September 20, 2017
Sept. 7 Mexican quake could cost insurers up to $1 billion
Business Insurance
September 20, 2017
Canadian Underwriter
September 18, 2017
Catastrophe Models are good for the Insurance Business
Financial Times
September 16, 2017
‘Hidden Flood’ could push Harvey Loss to $40 Billion: RMS
The Insurance Insider
September 15, 2017
Hurricane Irma tests the Catastrophe Bond Market
Financial Times
September 15, 2017
Cost of Harvey and Irma Damage could hit $70 Billion, Insurer says
The Guardian
September 12, 2017
Irma Loss comparable to Katrina/ Sandy
Intelligent Insurer
September 12, 2017
Trying to put a Dollar Figure on a Disaster
Marketplace
September 11, 2017
Flood a Significant Contributor to Irma Loss: RMS
Insurance Insider
September 11, 2017
Irma Misses Insurers’ Danger Zone
Wall Street Journal
September 11, 2017
US insurers, Cities well placed to cope with Irma and Harvey – Moms and Pops less so
GlobalCapital
September 11, 2017
Europe’s Reinsurers Jump as Florida Avoids Worst From Irma
Bloomberg
September 11, 2017
The U.S. has been hit by Two Giant Hurricanes. Here's the Financial Toll
CNN Money
September 11, 2017
Counterfactual Analysis and Terrorism Risk
Intelligent Insurer
September 10, 2017
Irma unleashes its fury on South Florida
Financial Times
September 10, 2017
Private Harvey Loss could be $18bn-$25bn: RMS
The Insurance Insider
September 09, 2017
Hurricane Irma Track in Westward shift, remains on Course for Florida
Artemis
September 09, 2017
As Irma tracks West, impact to ILS Market lessens: Brookes, RMS
Artemis
September 09, 2017
Hurricane Irma Batters Florida
Mother Jones
September 09, 2017
Miami Beach has spent $500 Million preparing for Climate Change. But that won't help during Irma
TIME
September 08, 2017
RMS: 90% likelihood Irma Loss is Sub-$85bn
The Insurance Insider
September 08, 2017
The Washington Post
September 08, 2017
Here’s Why Florida Is so Much More Vulnerable to a Hurricane Like Irma Right Now
Mother Jones
September 08, 2017
Insurers brace for big Loss as Irma heads toward Florida
Business Insurance
September 08, 2017
Hurricane Irma’s Toll in the Caribbean coming to Light
Business Insurance
September 07, 2017
Caribbean Islands face 'Devastating Loss': RMS
The Insurance Insider
September 07, 2017
Hurricane Harvey has Exposed the Inadequacy of Flood Insurance
The Economist
September 07, 2017
RMS Estimates Major Insured Losses in Three Caribbean Nations After Hurricane Irma
A.M. Best
September 07, 2017
Hurricanes: Risk Analytics in a World of Uncertainty
InformationWeek
September 07, 2017
Reinsurers to Pay Out 75-100% of NFIP Cover: RMS
The Insurance Insider
September 05, 2017
Canadian Underwriter
September 05, 2017
Hurricane Irma's 150 mph Winds Stalk Florida - European Insurance Stocks Hit
TheStreet
September 05, 2017
Port of Houston escaped major Hurricane Harvey damage: RMS
Reinsurance News
September 05, 2017
Risk Mitigation Post-Sandy Limit Marine Cargo losses from Hurricane Harvey
Commercial Risk Online
September 05, 2017
Breaking the Silence: Cyber Physical Cat Models Emerging
Insurance Journal
September 04, 2017
Hurricane Harvey top Three Loss Event for NFIP
Intelligent Insurer
September 04, 2017
RMS: Harvey to Cost NFIP $7bn-$10bn
Trading Risk
September 04, 2017
NFIP receives over 67,000 Harvey Claims, puts Reinsurance in Play
Reinsurance News
September 04, 2017
NFIP could Payout 7-10 Billion Hurricane Harvey Claims: RMS
Reinsurance News
September 04, 2017
After Harvey, are Epic Rains the New Normal?
National Geographic
September 01, 2017
Harvey’s Wrath: $55B worth of Houston Commercial Real Estate may be under Water
The Real Deal
August 31, 2017
Wetlands stopped $625 Million in Property Damage during Hurricane Sandy. Can they help Houston?
PBS Newshour
August 31, 2017
Harvey Economic Losses may reach $90bn
Intelligent Insurer
August 31, 2017
Harvey’s Economic Losses may reach $90bn: RMS
Insurance Insider
August 30, 2017
Tracking Harvey's Toll: Economic Loss Estimates soar to as High as $90 Billion
Dallas News
August 30, 2017
Harvey Damages Could Cost Up to $90 Billion
Bloomberg
August 30, 2017
Harvey moves into Louisiana, Rainfall continues
Business Insurance
August 30, 2017
Harvey knocks out more Refineries, shifting Global Oil Flows
Washington Post
August 30, 2017
First Harvey Damage Estimates off the Charts
Axios
August 30, 2017
Harvey may be among the World’s Costliest Recent Catastrophes
Bloomberg
August 30, 2017
Here are the Insurers who will Face the Biggest Hit from Harvey
Insurance Business
August 30, 2017
Economic Losses From Storm Harvey Could Total $70-90 Billion: RMS
Reuters
August 30, 2017
How a Disaster’s Economic Impacts Are Calculated
The Atlantic
August 29, 2017
Insured Losses from Harvey Stacking Up
Royal Gazette
August 29, 2017
How Much Damage Will Harvey Cause?
CNN Money
August 28, 2017
Wind-Linked Insurance Losses From Hurricane Harvey Likely Below $6 billion - RMS
Reuters
August 25, 2017
Hurricane Harvey – Catastrophe Bond Exposure
Artemis
August 25, 2017
Harvey Wind Loss Likely in the Billions - RMS
Reactions
August 25, 2017
Texas on Track for First Hurricane Strike Since 2008
The Insurance Insider
August 24, 2017
Tropical Storm Harvey Could Turn into Hurricane in Texas
Intelligent Insurer
August 24, 2017
Harvey to Near Hurricane Status as Texas Set for Torrential Rains
Artemis
August 24, 2017
25 Years On: Lessons Learned from Hurricane Andrew
Insurance Business America
August 24, 2017
25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew
Insurance Journal
August 24, 2017
Why and How P/C Insurance Carriers Should Work with Insurtechs
Insurance Journal
August 15, 2017
Blockchains Get Into the Catastrophe Business
Bloomberg
August 11, 2017
Environmental Risk Management: A Must for Banks, says PBOC Expert
GlobalCapital
August 08, 2017
Breaking the Silence: Cyber Physical Cat Models Emerging
Carrier Management
August 04, 2017
Daniel Stander on Catastrophe Bonds
Bloomberg Markets
August 03, 2017
Cyberattacks Reach the Physical Realm
Risk & Insurance
July 27, 2017
Symbiotic Relationship Between ILS & Reinsurance Key for Asia
Artemis
July 25, 2017
World Bank to Help Run London Catastrophe Centre
Reactions
July 20, 2017
Insurance Could Shoulder More Developing World Disaster Losses
Trading Risk
July 20, 2017
Is it Time to Rethink Humanitarian Insurance?
Thomson Reuters Foundation News
July 20, 2017
RMS Highlights Potential of Catastrophe Re/insurance Schemes in Low Income Countries
Reinsurance News
July 17, 2017
RMS Launches New Models For Tropical Cyclone & Earthquake In Asia Pacific
Insurance Journal
July 12, 2017
Insurance Could Cut $29 Billion Natural Disaster Bill For Poor Nations
Reuters
July 12, 2017
RMS Adds Asia-Pacific Tropical Cyclone & Earthquake Risk Models
Artemis
July 12, 2017
RiskAssessor To Enhance Industry’s View Of Hurricane Risk: RMS
Artemis
June 30, 2017
Climate Change Pushes Ominous Clouds Over Southern US
Financial Times
June 30, 2017
Climate Change Will Hit These U.S. Economies Hardest
Futurity
June 30, 2017
RMS Releases Auditable Custom Vulnerability Modeling Solution
Insurance Innovation Reporter
June 30, 2017
Estimating Economic Damage From Climate Change In The United States
Science
June 29, 2017
Analysis: GDPR Fines Likely Uninsurable – Cyber Panel
Reactions
June 28, 2017
Our Flood Insurance System Is Broken. Here’s How We Fix It.
The Hill
June 22, 2017
Fatal Blaze May Make High-Rises Uninsurable: Risk Expert
Law360
June 19, 2017
Weather System Revamp Hopes To Bring Sunshine To US Economy
The Guardian
June 18, 2017
Grenfell Tower Will Forever Stand As A Rebuke To The Right
The Guardian
June 16, 2017
Attacks On Western Cities Prompt Insurers To Adapt
Reuters
June 15, 2017
Man-Made Earthquakes aren’t just Real—They’re Officially an Insurance Risk
Good
June 12, 2017
New RMS Model Shows Potential For Larger Earthquakes
Trading Risk
June 12, 2017
RMS Releases Updated N. America Earthquake Models For U.S., Canada & Mexico
Insurance Journal
June 09, 2017
RMS Updates North America Quake Models For U.S., Canada And Mexico
Canadian Underwriter
June 09, 2017
FOCUS: Mitigating the Risks of Climate Change
Insurance Day
June 05, 2017
Best's Review
June 02, 2017
Best's Review
June 02, 2017
UN Says Risk Transfer Key To Managing Disasters
Trading Risk
June 02, 2017
Modeling And Analytics: Building On Strong Foundations
Asia Insurance Review
June 01, 2017
Cyber Risk Aggregation A Threat To Re/insurer Solvency
Reinsurance News
June 01, 2017
Freeports, Specie, and Hubs of Culture: Unique and Concentrated Risks
IUMI Eye Newsletter
June 01, 2017
Florida Commission Approves RMS North Atlantic Hurricane Models
Reinsurance News
May 26, 2017
How To Accelerate The Understanding Of Disaster Risk
PreventionWeb
May 24, 2017
Cyber Attacks: Criminals Could Use Attacks To Disable Key Buildings, Experts Warn
Sunday Express
May 21, 2017
Terrorism Insurance Is Changing - Here’s How
Insurance Business Magazine
May 19, 2017
Companies Use Kidnap Insurance To Guard Against Ransomware Attacks
Reuters
May 19, 2017
Citiscope
May 18, 2017
WannaCry Could Be First Cyber Catastrophe: RMS
Insurance Day
May 17, 2017
WannaCry Ransomware Attack “Arguably The First Ever Cyber-Catastrophe”: RMS Cyber Expert
Canadian Underwriter
May 16, 2017
'Resilience Bonds': A Secret Weapon Against Catastrophe
BBC
May 16, 2017
Insurance: Robots learn the business of covering risk
Financial Times
May 16, 2017
‘Sustainable Insurance’: Seven Takeaways From The First-Ever Summit of Insurers And City Leaders
Citiscope
May 12, 2017
Terrorism Risk Modeling: The Logic of Terror
Reactions
May 12, 2017
RMS Wins Latin America Risk Modeler Of The Year Award
Finance Colombia
May 10, 2017
Cyber Crime Fears Drive Up Demand For Anti-Hacker Insurance
Bloomberg
May 09, 2017
RMS Expands Risk Solutions For Asia-Pacific With Launch Of Agriculture Risk Models
Far Eastern Agriculture
May 04, 2017
Data Leads Cyber Exposure, Silent Or Catastrophic Cyber Risk Is ILS’ Future
Artemis
May 03, 2017
Risk & Insurance
May 02, 2017
New & Enhanced RMS Cyber Model Highlights Challenge And Opportunity For Re/insurers
Reinsurance News
May 02, 2017
Banks At Risk From Drought, Reveals Groundbreaking Research
GlobalCapital
April 13, 2017
Insurers Scramble To Put A Price On A Cyber Catastrophe
MIT Technology Review
April 06, 2017
Climate-Threatened Louisiana Rebrands Itself As 'Master Of Disaster'
Thomson Reuters Foundation News
April 05, 2017
Re/insurers’ Future In Combining Risk Reduction And Transfer: RMS Exceedance Conference
Reinsurance News
March 29, 2017
Want Good Cyber Insurance? Read The Fine Print
CSO Online
March 16, 2017
RMS Releases New India And China Agriculture Risk Models
Reinsurance News
March 13, 2017
RMS Adds Agricultural Risk Models For India And China
Artemis
March 13, 2017
Companies Strategize As Climate Policies Possibly Change
WNYC
February 28, 2017
Modeling Firm RMS Names Mike Pritula President
Asia Insurance Review
February 24, 2017
Modeling Firm RMS Names Mike Pritula President
Middle East Insurance Review
February 24, 2017
Regulators Approve RMS Colombian Earthquake Model
Finance Colombia
February 22, 2017
Colombia’s Regulator Approves RMS Earthquake Model For Use By Insurers
Insurance Journal
February 21, 2017
RMS Colombia Earthquake Model Approved By Regulator
Reinsurance News
February 21, 2017
The Latest Launches From Ironshore, Argo Group And RMS
Carrier Management
February 21, 2017
ILS Can And Will Do So Much More, Say ILS NYC 2017 Speakers
Artemis
February 15, 2017
RMS hires Mike Pritula as President
Artemis
February 14, 2017
RMS appoints Mike Pritula as president, effective March 1
Canadian Underwriter
February 14, 2017
Risk modeler RMS appoints president
Business Insurance
February 14, 2017
RMS hires ex-McKinsey exec Pritula
Reinsurance News
February 14, 2017
Physical cyber terrorism risks are limited – RMS
Reactions
February 08, 2017
Full Spectrum: Reflecting On ILS Innovation
Reactions
February 07, 2017
Insurance Industry Can Risk-Proof India
Asia Insurance Review
February 06, 2017
IBHS Licenses RMS Catastrophe Models to Drive Construction Safety
Insurance Innovation Reporter
January 30, 2017
U.S. Storm Centre Issues High-Risk Outlook For January
Canadian Insurance Top Broker
January 26, 2017
RMS Targets Risk Modeler 1.0 On RMS(one) For Spring 2017
Artemis
January 26, 2017
U.S. Storm Prediction Center issues high risk outlook for January for first time in two decades: RMS
Canadian Underwriter
January 26, 2017
In Reinsurance Tax Debate, Florida, Louisiana and Texas Have Most to Lose: Report
RiskMarketNews
January 24, 2017
QBE To License RMS Cyber Model
CIR Magazine
January 06, 2017
Strong & continued appetite for parametric ILS solutions, says RMS
Artemis
January 05, 2017
Mitsui Sumitomo Marine Management Deploys RMS Exposure Manager for Risk Accumulation Management
Insurance Innovation Reporter
January 04, 2017
Full-Year Review 2016: Latin America
Global Reinsurance
December 31, 2016
Global Reinsurance
December 31, 2016
Berlin lorry attack signals changing terror threat: RMS
Commercial Risk Europe
December 22, 2016
Making models for manmade quakes/Waste water well liability: a difficult issue for insurers to grasp
Reactions
December 21, 2016
Terrorists following ‘path of least resistance’ as security increased: RMS
Canadian Underwriter
December 20, 2016
ILS choice of hurricane model currency questioned
Trading Risk
December 20, 2016
RMS’ Farhana Alarakhiya On The Speed Of Change In Insurance (subscription only)
Intelligent Insurer
December 20, 2016
Top Florida Stories of 2016: The End of Florida’s Hurricane Drought
Insurance Journal
December 14, 2016
NASA microsatellite mission could breathe new life into hurricane prediction
Science Magazine
December 08, 2016
Insurers grapple with cyber-attacks that spill over into physical damage
The Economist
December 03, 2016
RMS Peru Earthquake Model and Actuaries Climate Index Are Launched
Insurance Journal
December 01, 2016
Actuaries Climate Index, RMS Peru Earthquake Model Ready for Market
Carrier Management
November 30, 2016
Tianjin multi-billion dollar cargo loss
All About Shipping
November 22, 2016
Significant damage not expected from Japanese earthquake: RMS
Artemis
November 22, 2016
At least 14 people injured after Japan earthquake
Canadian Underwriter
November 22, 2016
New Zealand Hit by Powerful Earthquake
Carrier Management
November 14, 2016
New Technologies Improving Hurricane Mitigation and Building Resiliency
Carrier Management
November 09, 2016
India: Over half of the country vulnerable to earthquakes
Middle East Insurance Review
November 04, 2016
The Telegraph
November 03, 2016
More than half of India's area vulnerable to earthquakes
India Today
November 02, 2016
‘More than half of India’s area vulnerable to earthquakes’
Financial Express
November 02, 2016
More than half of India's area vulnerable to earthquakes'
Business Standard
November 02, 2016
RMS appoints ex-Benfield capital markets head Steel to executive team
Artemis
November 01, 2016
RMS hires former AXIS Capital CRO to join exec team
Intelligent Insurer
November 01, 2016
Executives On The Move at Starr Companies, Lemonade and RMS
Carrier Management
November 01, 2016
RMS hires former Axis risk officer (Subscription required to view article)
Trading Risk
November 01, 2016
RMS hires Axis CRO as global head of solutions (Subscription required to view article)
Insurance ERM
November 01, 2016
Natural catastrophes and the protection gap
Environmental Finance
October 26, 2016
Canadian Underwriter
October 25, 2016
Wetlands prevented $625m in property damage during Sandy (Subscription required to view article)
Insurance Day
October 25, 2016
Coastal News Today
October 25, 2016
US$600m in property losses prevented during Hurricane Sandy by coastal wetlands
Continuity Insurance and Risk
October 25, 2016
Matthew will be costliest Atlantic hurricane since Sandy (Subscription required to view article)
Intelligent Insurer
October 21, 2016
The Times
October 21, 2016
Hurricane Matthew costliest to the reinsurance industry since Sandy
The Actuary
October 21, 2016
Loss estimates for Hurricane Matthew are shrinking (Subscription required to view article)
Insurance ERM
October 21, 2016
RMS: Matthew losses for US could reach $5bn (Subscription required to view article)
Trading Risk
October 21, 2016
Hurricane Matthew insured loss up to $5bn U.S., $3bn Caribbean: RMS
Artemis
October 21, 2016
RMS Hurricane Matthew Insured Loss Estimate: $5B in U.S., $3B for Caribbean
Carrier Management
October 21, 2016
Risk modelling firm RMS sees Hurricane Matthew U.S insured losses between $1.5 bln and $5 bln
Reuters
October 21, 2016
Hurricane Matthew insured losses less than $5bn for US – RMS (Subscription required to view article)
Insurance Day
October 21, 2016
RMS suggests $3.25bn Matthew median (Subscription required to view article)
Inside FAC
October 21, 2016
Matthew losses could be as low as $2.5bn: RMS (Subscription required to view article)
Insurance Insider
October 20, 2016
How strong is ‘disaster culture’ in earthquake-prone L.A.?
Los Angeles Times
October 16, 2016
How People Can Better Avoid Catastrophe
Jefferson Public Radio
October 14, 2016
Natural Disaster Expert: US Is Manufacturing Its Own Destruction With Poor Planning
Wisconsin Public Radio
October 14, 2016
How Hurricane Matthew's last-minute wobble spared South Florida
Sun Sentinel
October 14, 2016
Hurricane Matthew May Be Gone, But Insurance Industry’s Work is Just Starting
Insurance Journal
October 14, 2016
Reinsurers pay out as Bahamas eyes $400mn Matthew loss (Subscription required to view article)
Insurance Insider
October 13, 2016
Insurance Day
October 13, 2016
Macau Business Daily
October 13, 2016
Back on track with RMS(one) (Subscription required to view article)
Insurance ERM
October 11, 2016
Hurricane Matthew may cause $25-30 bln in insurance losses
Reuters
October 07, 2016
Hurricane Matthew has potential to trigger cat bonds & ILS: RMS
Artemis
October 06, 2016
Insurers Fall, Led by Universal, on Florida Hurricane Risk
Bloomberg
October 06, 2016
Matthew bears down on Florida's east coast (Subscription required to view article)
Insurance Insider
October 05, 2016
Meranti a reminder of ILS potential in China, but unlikely a huge loss: RMS
Artemis
September 15, 2016
Robert Muir-Wood and Ben Brookes discuss the meteorological and ILS market impacts of Typhoon Meranti.
RMS Launches New Exposure Management Program on RMS Platform
Insurance Journal
September 13, 2016
The Exposure Manager user interface is designed to be flexible and intuitive and utilize the extensive library of RMS hazard layers to democratize access to its analytics across the firm.
Reactions
September 13, 2016
Exposure Manager is an exposure analytics tool that will give firms a much clearer view on their risk accumulations.
RMS launches new exposure management tool
Continuity Risk and Insurance
September 12, 2016
RMS has released Exposure Manager, the first solution to be released on the RMS(one) platform.
RMS(one) platform launches first solution (Subscription required to view article)
Trading Risk
September 12, 2016
Eric Yau discusses the research behind the development of Exposure Manager.
RMS launches first RMS(one) tool (Subscription require to view article)
Insurance ERM
September 12, 2016
Eric Yau says that the release of Exposure Manager is a significant milestone in the RMS(one) product roadmap.
RMS launches exposure management solution (Subscription required to view article)
Intelligent Insurer
September 12, 2016
Exposure Manager will give firms a much clearer view of their risk accumulations to better manage volatility.
The Latest Launches From Allianz, RMS, Willis Re and More
Carrier Management
September 12, 2016
Exposure Manager is the first solution to run on the RMS(one) platform.
First solution launched on RMS(one) platform (Subscription required to view article)
Insurance Insider
September 12, 2016
Exposure Manager is designed to help firms better manage volatility by offering a clearer view of their risk accumulations.
Science Magazine
September 09, 2016
Robert Muir-Wood's new book Cure For Catastrophe is reviewed and praised in Science Magazine's fall book picks.
Insider Quarterly
September 08, 2016
Gordon Woo and Charlotte Acton discuss the growing pandemic bond market.
New York Magazine
September 07, 2016
Robert Muir-Wood says that there is a mismatch of time horizons between insurance policies and real estate investment when thinking of natural catastrophe risk.
Hurricane Hermine Losses Seen as ‘Manageable’ for Insurers
Bloomberg
September 01, 2016
Hurricane Hermine is unlikely to be an event that has a meaningful impact on soft reinsurance market conditions.
Hurricane Hermine insured losses expected to be manageable
Artemis
September 01, 2016
Ben Brookes explains that Hermine is likely to have no significant impact on the catastrophe bond market and will not cause major insurance industry loss.
Lack of Italy earthquake coverage limits insurers' losses
Reuters
August 26, 2016
Robert Muir-Wood explains that because there is little higher value property in the towns and villages affected, insurance losses will be limited as residential properties are generally uninsured for earthquake.
Europe Flood Risk: A New Growth Opportunity for the Industry
Carrier Management
August 24, 2016
Maurizio Savina and Adrian Mark write about new modeling capabilities that will help (re)insurers better understand the complexities of flood risk and grow their flood portfolios in Europe.
High resolution flood data from RMS an opportunity for risk capital
Artemis
August 22, 2016
RMS has released a new suite of high resolution Europe Inland Flood Hazard Data that will provide global (re)insurers with a greater opportunity to write business for underinsured flood risk.
Canadian Underwriter
August 19, 2016
Jeff Waters explains that the Louisiana flooding is an example of what could happen as a result of climate change and increased greenhouse gases.
South Carolina Approves Updated RMS North Atlantic Hurricane Models
Insurance Journal
August 18, 2016
Versions 15.0 and 15.0.1 of the RMS North Atlantic Hurricane Models have been approved by South Carolina’s Department of Insurance for the purpose of residential rate filings.
How Climate Change Will Redraw Louisiana’s Flood Maps
Wired
August 17, 2016
Jeff Waters discusses how better modeling in recent years can lead to better estimates of risk in certain places, allowing private insurers to price policies accordingly really understand how risky locations are.
RMS highlights huge catastrophe insured loss potential for global ports
Artemis
August 08, 2016
RMS analysis reveals that a combination of cargo type and the type of natural disaster risk are significant drivers of potential losses.
RMS estimates potential 1-in-500 year catastrophe loss at 10 sea ports
Canadian Underwriter
August 08, 2016
RMS analyzes the potential insured losses at ten global ports.
Top 10: Ports that are High Insurance Risk
The Maritime Executive
August 08, 2016
RMS analysis highlights ports around the world pose a high insurance risk showing that six of the ten ports most at risk are in the U.S.
Japan, China, U.S. Ports Seen at Highest Catastrophe Risk
Bloomberg
August 08, 2016
Chris Folkman says that the industry needs to cease its guessing game when determining catastrophe risk and port accumulations.
Climate Change Modeling is Closer than You Think
Insurance Journal
July 28, 2016
Robert Muir-Wood discusses the challenges of climate modeling and recent RMS public sector projects including the Risky Business Initiative and The San Francisco Sea Level Rise Action Plan.
How U.S. Inland Flood Became a ‘Peak’ Peril
Carrier Management
July 25, 2016
Jeff Waters explains what (re)insurers can learn from recent U.S. flood events to help develop profitable flood risk portfolios.
Nice terror attack analysed by RMS
Intelligent Insurer
July 15, 2016
Gordon Woo, terrorism risk expert at RMS, discusses how the Nice attack can also be understood in terms of threat displacement.
Terror attack in Nice kills at least 84
Reactions
July 15, 2016
Gordon Woo, terrorism risk expert at RMS, explains that the targeting of the Nice attack conforms to a basic principle of terrorism risk analysis of name recognition.
Mercer selects UK longevity modelling partner
Intelligent Insurer
July 07, 2016
Sofia Ben El Attar, Director of LifeRisks at RMS, explains that the RMS Longevity Model allows clients to understand longevity risk in real world terms and derive actionable insights for their pension scheme clients.
KPMG Selects RMS as UK longevity modelling provider (Subscription required
Intelligent Insurer
July 04, 2016
The U.K. pension practice of KPMG has selected the RMS Longevity Model to improve it's understanding of future risks to pension plans.
Canadian Underwriter
July 01, 2016
Tom Sabbatelli and Chris Folkman explain how data and data quality are sources of uncertainty when modeling cyber and hurricane risks.
Attaching a fair value to collateralised reinsurance assets
Insurance Day
July 01, 2016
Steve Moss, Director of Capital Markets at RMS, discusses the challenges of alternative capital.
European windstorms: clusters of uncertainty
Insurance Day
June 26, 2016
Laurent Marescot discusses how risk carriers can form their own view of risk and how modelers can help manage the uncertainty of windstorm risk.
RMS releases multiple updates to catastrophe modelling platform
Artemis
June 23, 2016
RMS has released version 16.0 of its risk modeling platform, which includes updates to the RMS Europe Windstorm Model and RMS terrorism solutions.
San Francisco's global warming price tag could be $77 billion
San Francisco Business Times
June 20, 2016
Paul VanderMarck explains how RMS created maps to show which San Francisco neighborhoods would be underwater from sea-level rise by 2100.
In 100 Years, $77 Billion Worth Of San Francisco Property Could Be Underwater
Fast Co.Exist
June 16, 2016
Paul VanderMarck discusses how RMS modeled the risks of sea level rise for the City of San Francisco.
Japan earthquake losses rise to $2.54bn (Subscription required to view article)
Reactions
June 10, 2016
Property insurance losses from the Kumamoto Japan earthquakes have risen to $2.54 billion so far, falling within RMS' initial property loss estimate of $2.5 billion and $3.5 billion.
CBO Models Hurricane Damage, Employs RMS Simulations
Risk Market News
June 10, 2016
The Congressional Budget Office used RMS models to estimate hurricane damage in its new report.
RMS: Single event causing flooding in four countries shows the complexity of these events
XPRIMM
June 09, 2016
Maurizio Savina explains that flood modeling must be pan-European and continuous to adequately capture the risk.
Best's Review
June 01, 2016
Robust new models such as the RMS Marine Cargo Model and RMS Terrorism Model allows the insurance-linked securities market to expand coverage beyond natural catastrophe perils.
Best's Review
June 01, 2016
Ben Brookes says that the cat bond market allows (re)insurers to cover more risk by using alternative capital.
Best's Review
June 01, 2016
Daniel Stander explains that every insurer and reinsurer needs a strategy to utilize third-party capital as the ILS market matures.
Best's Review
June 01, 2016
Charlotte Acton discusses how she applies her experience and training as a geophysicist and seismologist to business problems in her role at RMS as head of risk transfer advisory.
Risk modellers respond to ILS investor needs: Ben Brookes, RMS
Artemis
May 30, 2016
Ben Brookes says that risk modelers are evolving to adapt to investors' needs as the ILS market grows.
Understanding Water Risks Drives Global Investors
Circle of Blue
May 25, 2016
Dominic Smith discusses how RMS is developing a model to stress test bank portfolios against drought and environmental risks.
Rising Threats in the Public Sector
Risk and Insurance
May 24, 2016
Dr. Robert Muir-Wood explains how catastrophe risk modeling can quantify the benefits of coastal defenses.
RMS: Sea Level Rise Will Threaten $77B Worth of San Francisco Property by 2100
Claims Journal
May 19, 2016
RMS' sea-level rise impact analysis is already delivering results for the City of San Francisco.
RMS Opens New Office in Tallahassee, Florida
Insurance Journal
May 19, 2016
RMS has opened a new office in Tallahassee, Florida following the acquisition of HWIND Scientific in October 2015.
Insurers Look to Models to Get the Threats Right
AM Best TV
May 19, 2016
Chris Folkman, Ben Brookes, Matt Nielsen, Tom Sabbatelli, Rob Savage, Aon Benfield, BMS Intermediaries, IronNet Cybersecurity, and Guy Carpenter discusses the future of cat modeling at Exceedance 2016.
Risk Models Move Beyond Insurance to Aid Cities, States, Countries
AM Best TV
May 18, 2016
Robert Muir-Wood says modeling is increasingly used by public agencies to better protect regions from natural catastrophes.
RMS: $77B of San Francisco Property at Risk From Sea-Level Rise by 2100
Carrier Management
May 18, 2016
RMS analysis finds that $77 billion of San Francisco property is at risk from sea-level rise by 2100.
RMS Says $77B in San Francisco Property at Risk from Sea Level Rise by 2100
Insurance Journal
May 18, 2016
Analysis by RMS finds that $77 billion worth of property in San Francisco is at risk from sea-level rise.
Canadian Underwriter
May 18, 2016
RMS conducted analysis for the San Francisco Sea Level Rise Action Plan.
San Francisco faces $77bn sea rise loss (Subscription required to view article)
Reactions
May 18, 2016
Paul VanderMarck explains how RMS analysis helsp San Francisco decide where to prioritize action and investment for resilience building projects.
Private Meets Public in San Francisco Sea Level Project
AM Best TV
May 17, 2016
Paul VanderMarck discusses RMS' modeling work for San Francisco's Sea Level Rise Action Plan.
Granularity Answers Call for Improved Risk Models
AM Best TV
May 17, 2016
Increased granularity in RMS models allow users to include their own data.
2016 gains to cat bond spreads eroded in April
Trading Risk
May 13, 2016
RMS data finds that risk-adjusted cat bond spreads have dipped below 2015 yields for the first time this year.
RMS: Kumamoto earthquake's insured losses may amount to USD1.2 billion
XPRIMM
May 12, 2016
RMS estimates insured losses for the Kumamoto Japan earthquakes will range between $800 million and $1.2 billion.
Japan quake insured loss estimated up to $1.2 billion: RMS
Artemis
May 12, 2016
Renee Lee explains that the updated economic damage estimate reflects the evolution of the building damage statistics from the April 14 and 15 events, detailed data gathered through reconnaissance by RMS engineers and scientists, and revisions to the US Geological Survey ShakeMap.
Insurance Day
May 04, 2016
RMS has been appointed to develop a drought model to better understand the financial impacts of environmental risks.
Project launched to test lending portfolios for environmental risk
Continuity Insurance and Risk
May 04, 2016
The Natural Capital Declaration and the German Government’s Emerging Markets Dialogue on Green Finance have appointed RMS to develop a drought model to enable financial institutions to better understand their exposure to environmental risk.
Economic Property Damages of Japan Earthquakes to Cost $2.5B-$3.5B: RMS
Insurance Journal
April 25, 2016
The damage estimate is based on the findings by the RMS reconaissance team after visiting the affected area, combined with modeling analysis.
Canadian Underwriter
April 25, 2016
Jeff Waters says that flooding in the Houston area has become increasingly common over the last 15-20 years due to significant property and population growth in the region.
Intelligent Insurer
April 22, 2016
Jeff Waters says that the Houston floods signify the importance of understanding all flood risks.
Business Insurance
April 21, 2016
Chesley Williams says that the damage from the Japan earthquakes was primarily due to strong ground shaking and slope failures.
Japan Kumamoto Quakes Caused Billions of Dollars in Economic and Insured Losses
Carrier Management
April 21, 2016
RMS estimates economic damage from Japan earthquakes to range between $2.5 and $3.5 billion.
Houston, Texas airport has second wettest day on record: RMS
Canadian Underwriter
April 21, 2016
Jeff Waters says that the Houston flooding could end up being one of the most severe flood events not caused by a tropical cyclone in the city's history.
Economic losses from Japan earthquake up to $3.5 billion: RMS
Artemis
April 21, 2016
RMS’ economic loss estimate does not include business interruption, shake and landslide-induced damage suffered by infrastructure (roads, highways, bridges, airports, train transport, utilities, dams), or damage to Kumamoto Castle.
Japan quake property damage could total $3.5 billion: RMS
Reuters
April 21, 2016
RMS estimates that economic losses from the Japan earthquakes could range between $2.5 and $3.5 billion.
Ecuador earthquake strongest since 1979
Intelligent Insurer
April 19, 2016
For the insurance industry, key areas of concern will be around Esmeraldas which is a major port city just beyond the northern extent of the strong shaking says Dr. Robert Muir-Wood.
RMS: ‘Significant’ economic damage from Ecuador quake (Subscription required to view article)
Insurance Insider
April 19, 2016
Dr. Robert Muir-Wood says that there is likely to be significant economic damage following the earthquakes in Ecuador.
Canadian Underwriter
April 19, 2016
Dr. Robert Muir-Wood says that the major commercial buildings and the many seaside hotels in Ecuador are likely to be of concern to the insurance industry following the recent magnitude-7.8 earthquake in the northwestern part of the country.
Trading Risk
April 19, 2016
RMS says that the key area of concern for the insurance industry following the earthqakes in Ecuador would be around the major port city Esmeraldas.
Ecuador quake: big economic loss expected (Subscription required to view article)
Reactions
April 19, 2016
The M7.8 earthquake that struck Esmeraldas Province in northwest Ecuador is likely to cause significant economic damage to the country.
Inside FAC
April 19, 2016
The M7.8 earthquake that hit Ecuador on 16 April could cause significant insured losses for damage to infrastructure and industrial sites, according RMS.
Business Insurance
April 19, 2016
Oil production was unaffected and Ecuador's energy industry remains largely intact following a M7.8 earthquake.
Beazley and Munich Re join up in cyber insurance push (Subscription required to view article)
Financial Times
April 10, 2016
Andrew Coburn explains that insurers are worried that cyber risk could be as systemic as asbestos was.
RMS Debuts the Cat-in-a-Box Cloud-based App for Parametric Contracts
Insurance Innovation Reporter
April 08, 2016
The RMS Cat-in-a-Box app will provide a consistent and transparent methodology to model the parametric transactions popular with the insurance-linked securities community.
Cat-in-a-Box & parametric contract pricing app launched by RMS
Artemis
April 07, 2016
Stephen Moss explains that the new RMS Cat-in-a Box app makes modeling parametric risk dramatically more straightforward.
RMS launches Cat-in-a-Box app (Subscription required to view article)
Reactions
April 07, 2016
The cloud based app allows users to independently assess and underwrite parametric contracts in Cat-in-a-Box transactions.
RMS launches app to model ‘cat-in-a-box’ deals
Canadian Underwriter
April 07, 2016
Stephen Moss says that the supply of parametric deals is expected to increase with the ability to now better assess the risk using the new RMS Cat-in-a-Box app.
Eight (re)insurers join forces for marine cat model
Canadian Underwriter
April 01, 2016
RMS is partnering with Sompo Canopius and six other (re)insurers to build the world’s first marine cat model.
RMS Report: Insurers Collaborate on First Marine Cat Model (Subscription required to view article)
A.M. Best
April 01, 2016
RMS has partnered with leading marine (re)insurers Chubb, Aon Benfield, AXIS, Liberty, MS Amlin, Munich Re, and Sompo Canopius AG to develop the RMS Marine Cargo Model.
Insurer behind first marine cat model
The Royal Gazette
April 01, 2016
The world’s first marine catastrophe model has been developed by RMS in partnership with Sompo Canopius.
Insurer partners with modeling firm to create marine catastrophe model
Business Insurance
March 31, 2016
RMS is partnering with Sompo Canopius and 6 other reinsurers to develop the world's first marine cat model.
RMS to launch first marine cat model (Subscription required to view article)
Trading Risk
March 31, 2016
RMS will be launching the world's first marine cargo cat model developed with seven leading reinsurers.
Sompo Canopius and RMS to release first marine cat model
Continutiy Insurance & Risk Magazine
March 31, 2016
RMS partnered with leading marine (re)insurers Chubb, Aon Benfield, AXIS, Liberty, MS Amlin, Munich Re, and Sompo Canopius AG to develop a marine cat model.
First marine cat model due in May: RMS (Subscription required to view article)
Insurance Insider
March 31, 2016
RMS has announced that it will unveil the insurance industry's first marine cargo and specie catastrophe model in May.
Insurance Day
March 31, 2016
RMS is launching the world's first marine catastrophe model in partnership with Sompo Canopius and six other reinsurers.
RMS Report Examines Marine Risk, Cargo Modeling
Maritime Global News
March 31, 2016
Chris Folkman says that (re)insurers need to have a better grasp of their cargo catastrophe risk and how it correlates with other lines of business.
RMS Report Examines Marine Risk, Cargo Modeling
Maritime Professional
March 31, 2016
RMS has published the new report “Marine Cargo Catastrophe Modeling: Navigating the Challenges, Charting the Opportunities” that precedes the May 2016 launch of the RMS Marine Cargo Model, the industry’s first marine cargo and specie risk model.
RMS unveils unique marine cargo model (Subscription required to view article)
Reactions
March 31, 2016
RMS has partnered with seven re/insurance industry companies to create the world’s first catastrophe model for the marine cargo market.
RMS to launch marine cargo cat model (Subscription required to view article)
Insurance ERM
March 31, 2016
The RMS Marine Cargo Model will help insurers better understand the risks in marine cargos.
RMS Report Examines Marine Risk, Cargo Modeling
MarineLink.com
March 31, 2016
RMS has published a new report examining the current state of cargo modeling in the marine market, and providing a new cargo-specific approach to the assessment of vulnerability and port accumulation.
Brussels bombings show trend to target public transportation infrastructure: RMS
Canadian Underwriter
March 28, 2016
Gordon Woo discusses the pattern of brothers in terrorism attacks.
Calls for improved ILS pricing transparency (Subscription required to view article)
Insurance Day
March 20, 2016
Jinal Shah discusses the need for improved ILS pricing transparency.
Sea-level rises: why flooding is the next big business risk
The Guardian
March 19, 2016
RMS and Lloyd’s of London study on storm surge risk finds that annual losses from storm surge for properties in the UK could double by 2035
Customer Q&A: Delivering Awesome Outcomes for a Pioneer in Catastrophe Risk Modeling (Part 1)
BetterWorks Blog
March 17, 2016
Amelia Merrill and Alex Barnett talk about the launch of RMS’ OKR system.
North American floods a 200-year return period
Intelligent Insurer
March 14, 2016
Jeff Waters discusses the rare atmospheric conditions that flooded thousands of properties in the southern and central U.S.
Experts say El Nino may cut down on tornado outbreaks this spring
Fox 2 Now St. Louis
March 01, 2016
Kevin Van Leer discusses the effect of El Niño on the formation of tornados and hurricanes this season.
More tornadoes hit South and Mid-Atlantic US, causing severe destruction
Intelligent Insurer
February 26, 2016
Jeff Waters explains that El Niño may have some influence on the frequency of tornadoes, but it does not itself spark severe weather outbreaks.
Why pricing transparency is important for ILS investors
Artemis
February 24, 2016
Anaïs Katz and Jinal Shah explain the importance of pricing transparency for ILS.
Security in the Age of Cloud Computing: How IT Leaders are Mitigating Risks
Pythian Blog
February 23, 2016
Cory Isaacson discusses data security in the cloud at the Pythian CIO Panel Discussion.
A Common Standard for Evaluating Cyber Risk - Insurers Walk the Walk
Lexoloygy
February 23, 2016
RMS and the University of Cambridge’s Centre for Risk Studies has released the RMS Cyber Exposure Data Schema to provide a uniform way to capture cyber exposure data.
Safe drivers offered pizza and films by insurers (Subscription required to view article)
Financial Times
February 22, 2016
Andrew Coburn says that cyber risk is still a concern for insurers as technological growth creates new lines of business for the industry.
Cyber Risk Market Searches for Standards
A.M. Best TV
February 17, 2016
RMS’ Andrew Coburn, Aon Benfield’s Jon Laux, Axis Insurance’s Paul Miskovich, Renaissance Re’s Stephen Burke, XL Catlin’s Jacob Rosengarten, and A.M. Best’s Fred Eslami discuss cyber risk at the RMS Cyber Risk Seminar.
RMS's Coburn: Cyber Risk Now a Five-Front Challenge
A.M. Best TV
February 17, 2016
Andrew Coburn talks to A.M. Best TV about the key drivers of cyber risk appetite and the five types of accumulation risks associated with the peril.
Man Lands Lucrative Second Career After Learning Coding
ABC 7 Bay Area News
February 17, 2016
Sam Tran and Chandler Hoisington discuss non-traditional coding education and RMS’ partnership with The Flatiron School.
A Cat Modeler's Guide to the Protection Gap
Intermap Technologies
February 16, 2016
Hemant Shah’s A.M. Best TV interview on his industry outlook and the insurance protection gap is praised in The Risks of Hazards blog by Intermap Technologies.
New cyber framework targets accumulation risk
Insurance Asia News
February 14, 2016
Hemant Shah talks about how an engaged and vital cyber insurance market will ensure a more resilient economy.
Brokers, modelers offer high-tech toolbox to tackle property risk assessments
Business Insurance
February 12, 2016
Hemant Shah and Shaheen Razzaq talk about the roll-out of RMS(one).
Rethinking Hurricane Categories: An Index Based on Wind & Water Forcing
Artemis
February 11, 2016
In a byline published by Artemis, Dr. Mark Powell discusses the problems with the Saffir-Simpson measurement system, why there needs to be a rethink on hurricane categories, and what an alternative scale based on wind and water forcing could look like.
Andrew Coburn, RMS on the launch of a new cyber catastrophe model
re360
February 05, 2016
Andrew Coburn explains why cyber accumulation risk is a key concern for the industry.
Tianjin Blast Could Be Largest Marine Insurance Loss Ever
Maritime Executive
February 04, 2016
Chris Folkman explains marine risk and the challenges of marine cargo modeling.
Lloyd's market strives for better cyber pricing
Insurance Day
February 03, 2016
Andrew Coburn explains that insurers need to understand their cyber accumulations in order to increase capacity for cyber insurance.
RMS Releases Cyber Accumulation Management System to Manage Exposure
Insurance Journal
February 03, 2016
Hemant Shah explains that that cyber-related insurance has the potential to be a fundamental driver of growth for the global (re)insurance industry.
RMS releases new Cyber Accumulation Management System
Canadian Underwriter
February 03, 2016
The RMS Cyber Accumulation Management System provides models and tools to safely grow capacity in the cyber insurance line of business.
RMS seeks to unlock cyber re/insurance capacity with accumulation tool
Artemis
February 02, 2016
The RMS Cyber Accumulation Management System will encourage the industry to be more comfortable with increasing limits on cyber risk exposure covers.
Dealing with an evolving threat
Intelligent Insurer
February 02, 2016
Andrew Coburn explains that insurers are reluctant to increase their exposure in case of a large-scale cyber catastrophe.
Management system aids cyber risk reporting, modeling
Business Insurance
February 02, 2016
The RMS Cyber Accumulation Management System helps to create a fundamental opportunity for the industry to increase its relevance in a rapidly changing economy.
RMS launches cyber accumulation management system
Insurance ERM
February 02, 2016
The RMS Cyber Accumulation Management System will help insurers manage their cyber risk accumulation.
RMS launches cyber accumulation management tools
Insurance Insider
February 02, 2016
The RMS Cyber Accumulation Management System includes software and a framework for cyber exposure reporting.
Homeowners grapple with problems of floods insurance (Subscription required to view article)
Financial Times
February 02, 2016
Dr. Robert Muir-Wood explains that Britain should develop a flood risk culture.
RMS Releases Cyber Accumulation Management System
Insurance Innovation Reporter
February 02, 2016
The RMS Cyber Accumulation Management System will allow insurers to stress test their portfolios against a range of cyber loss methods.
Small Cyber Insurers Worry Regulators; Model Law Coming
Carrier Management
February 02, 2016
Hemant Shah says that there is a shift from covering assets at risk to systems at risk.
RMS unveils cyber accumulation tool - FREE
Reactions
February 01, 2016
The RMS Cyber Accumulation Management System will help insurers seize growth opportunities in the market.
Rob Savage on the launch of RMS' Cyber Exposure Data Schema
re360
January 29, 2016
Rob Savage explains how the new RMS Cyber Exposure Data Schema will help insurers.
Northeast U.S. winter storm fourth most powerful since 1950: NOAA
Canadian Underwriter
January 29, 2016
Jeff Waters discusses likely loss drivers for Winterstorm Jonas.
Leon County's economic forecast shows growth, need to prepare
Tallahassee Democrat
January 27, 2016
RMS’s Hwind Scientific is a part of the startup environment boosting the economy in Leon County, Tallahassee.
Winterstorm Jonas could cause ‘significant’ losses in US: RMS
Intelligent Insurer
January 26, 2016
RMS finds that the recent winter storm could rank as one of the most significant in recent history.
RMS Examines Massive Blizzard That Swept Through East Coast
Insurance Journal
January 26, 2016
Jeff Waters, meteorologist, provides a summary of Winterstorm Jonas including likely loss drivers.
Winter storm could become first billion-dollar weather event of 2016 for U.S.
Canadian Underwriter
January 26, 2016
According to Jeff Waters the economic and insured losses will likely be driven by a combination of factors.
A Solution to Cyber Risk Assessment
Risk and Insurance
January 25, 2016
Andrew Coburn says that the RMS Cyber Exposure Data Schema will provide the insurance a uniform way to capture cyber exposure data.
Washington faces days of cleanup after epic blizzard
Reuters
January 25, 2016
Jeff Waters explains that Winterstorm Jonas is comparable to the Blizzard of 1996.
The Future of Aviation and Weather Forecasting
Re/code
January 22, 2016
RMS’ Hwind Scientific analytics are improving forecasting tools to help air-traffic controllers and planners save time and money.
Cyber risk exposure data standard could pave way for ILS triggers
Artemis
January 20, 2016
The RMS Cyber Exposure Data Schema could help the development of metrics for cyber risk ILS triggers.
Berkeley City Council discusses possible seismic upgrades to community centers
The Daily Californian
January 20, 2016
RMS analysis finds that investing in retrofits for the city of Berkeley would be more cost-effective than repairing after a quake.
Lloyd’s, AIR and RMS collaborate on cyber risk data
Intelligent Insurer
January 19, 2016
The RMS Cyber Exposure Data Schema will allow the cyber insurance market to grow safely.
Lloyd’s Discloses Standardized Data Requirements for Cyber Risks
Carrier Management
January 19, 2016
RMS is partnering with Lloyd’s of London and the Centre for Risk studies to standardized cyber exposure data.
Cyber exposure standards launched (Subscription required to view article)
Trading Risk
January 19, 2016
RMS has collaborated with Lloyd’s of London and the Cambridge Centre for Risk Studies to set benchmarks for managing cyber insurance exposure.
Risk modellers develop first cyber exposure standard (Subscription required to view article)
Insurance Insider
January 19, 2016
Andrew Coburn explains how the RMS Cyber Exposure Data Schema will provide a framework for the market to grow its cyber capacity safely.
Lloyd’s Develops Standardized Data Requirements for Cyber Risks
Insurance Journal
January 19, 2016
Lloyd’s of London, RMS, and the Centre for Risk Studies at Cambridge University have developed a set of common core data requirements for managing cyber risks.
Modelling firms launch rival cyber exposure data standards (Subscription required to view article)
Insurance Day
January 19, 2016
RMS is launching the Cyber Exposure Data Schema, developed in collaboration with the Centre for Risk Studies at Cambridge University.
POST
January 19, 2016
Lloyd’s of London is partnering with RMS and the Cambridge Centre for Risk Studies to develop standard cyber insurance data requirements.
Cyber exposure data standard released
Canadian Underwriter
January 19, 2016
Andrew Coburn says that the RMS Cyber Exposure Data Schema is one component of a four-part cyber risk management framework.
RMS Launches New Data Standard for Managing Cyber Insurance (Subscription required to view article)
Compliance Week
January 19, 2016
The RMS Cyber Exposure Data Schema will provide the insurance industry with a systematic and uniform way to capture cyber exposure data and manage cyber accumulation risk.
Hemant Shah, co-founder and CEO, Risk Management Solutions
A.M. Best TV
January 14, 2016
Hemant Shah discusses where the industry must look for growth opportunities.
RMS CEO Shah Pledges 2016 Cloud-Based Cat Modeling Roll-out
Carrier Management
January 13, 2016
Hemant Shah gives an updated on the rollout of RMS(one) in 2016. See the video interview here.
Technology makes headway in insurance industry
Business Insurance
January 13, 2016
Hemant Shah talks about the unprecedented pace of technology in the insurance industry at the P/C Insurance Joint Industry Conference.
RMS CEO Hemant Shah: Cyber Risk Models are Coming Soon
Carrier Management
January 12, 2016
Hemant Shah discusses the upcoming RMS Cyber Risk Models and the growth of the cyber insurance market.
Startup Week Tallahassee makes history with inaugural launch
USA Today
January 11, 2016
RMS’ HWind Scientific joins the inaugural Startup Week Tallahassee to promote the growing startup scene in the area.
Field crews measure record flooding along Mississippi, Ohio Rivers
Canadian Underwriter
January 08, 2016
Jeff Waters explains that the recent flooding in the U.S. will likely trigger commercial flood policies, but the low number of NFIP policies means that most residential losses are unlikely to be covered by insurance.
ILS could help with Florida’s costly rising sea levels, floods and surges
Artemis
January 05, 2016
RMS estimates that $15 billion could be lost in Florida property by 2030, due to rising sea levels and extreme weather events.
The Journal
January 05, 2016
Dr. Robert Muir-Wood stresses that the industry needs to take a detailed look at the Storm Desmond flooding to better understand the risk and prepare for future events.
RMS Talent Acquisition Team Wins 2015 EMEA Candidate Experience Award
OnRec
December 23, 2015
Oliver Luscombe, Lead Recruiter for Europe and APAC at RMS, explains how the RMS talent acquisition team and hiring managers work to implement innovative practices throughout the RMS recruiting process.
Making sense of interconnected risks
Strategic Risk
December 15, 2015
Daniel Stander, Managing Director, explains that risk managers need a better understanding of risks as they become more interconnected and mobile.
As Florida Keys flood, property worries seep in
AFP
December 14, 2015
RMS analysis shows that sea level rise and flooding could cause $15 billion in property losses by 2030.
Changing Landscape of Terrorism Risk Prompts Industry Response (Subscription needed to view article)
WorkCompCentral
December 14, 2015
Chris Folkman, director of product management, explains how terrorism risk can be modeled for workers’ compensation insurance.
Climate conference targets reinsurance projects (Subscription needed to view article)
Trading Risk
December 11, 2015
RMS, in partnership with re:focus partners, Swiss Re, and The Rockefeller Foundation, announce the development of a framework for resilience bonds.
ILS yields up 16% from November 2014 (Subscription needed to view article)
Trading Risk
December 10, 2015
RMS Miu analysis reveals yields were up across the board for US hurricane, European wind, and Japanese perils, although the difference was greater on lower-coupon diversifying bonds.
RMS reveals framework for resilience bond
Intelligent Insurer
December 10, 2015
RMS explains that resilience bonds could offer both insurance and resilience benefits for cities and public entities.
Resilience bonds' unveiled as way to help disaster-prone cities
Property Casualty 360
December 10, 2015
Ben Brookes, vice president, capital markets, emphasizes the importance of accurate risk modeling for resilience bonds.
A plea from small islands: more insurance for climate change
Reuters
December 10, 2015
Dr. Robert Muir-Wood, chief risk officer, explains that lack of hurricane insurance in the Bahamas has resulted in many flood-prone properties vacant.
Swiss Re resilience bond to fight climate risk - FREE
Reactions
December 09, 2015
RMS, Swiss Re, The Rockefeller Foundation, and re:focus partners have designed the framework for a new resilience bond which could help cities manage their catastrophe risk while promoting investment in resilience projects.
CLIMATE BRIEF-"Resilience" bonds could help in climate disaster - Rockefeller report
Reuters
December 09, 2015
The RE.bound report discusses how a new resilience bond could allow cities to pay lower interest payments on the bond if it invested in resilience projects.
Swiss Re and RMS develop resilience bond framework (Subscription required to view article)
Insurance Day
December 09, 2015
Ben Brookes explains that resilience bonds are different from traditional cat bonds because they can encourage a more resilient society.
Benefits of resilience bonds heralded in framework launch (Subscription required to view article)
Post Magazine
December 09, 2015
RMS, Swiss Re, The Rockefeller Foundation, and re:focus partners announce the framework for a new insurance-based product called a resilience bond.
Resilience bond framework launched (Subscription required to view article)
Trading Risk
December 09, 2015
RMS, together with Swiss Re, The Rockefeller Foundation, and re:focus partners, have designed the framework for a new resilience bond to help fund risk-reduction projects for cities and public entities.
Resilience (catastrophe) bond framework developed by RE:bound
Artemis
December 09, 2015
Charlotte Acton explains how the key to success for a resilience bond is through modeling and quantifying the risk-reduction achieved by prospective resilience projects.
From the Makers of Catastrophe Bonds, a New ‘Resilience Bond’
Wall Street Journal Blog
December 09, 2015
RMS and Swiss Re, in collaboration with re:focus partners, have designed the framework for a new resilience bond.
How transitioning from cat bonds to resilience bonds can reduce insurance costs
Canadian Underwriter
December 09, 2015
Ben Brookes says resilience bonds must be supported by accurate risk modeling.
December UK flood losses could exceed Cumbria losses
Intelligent Insurer
December 08, 2015
Insured flood losses from Storm Desmond could exceed the 2009 Cumbria flood losses, says Maurizio Savina.
Insurance Day
December 08, 2015
Factors such as type of precipitation, ground saturation, and characteristics of flood defenses are critical for a flood model to accurately calculate risk, says Maurizio Savina.
U.K. storm could cause up to $491 million in insured damage
Business Insurance
December 08, 2015
Maurizio Savina advises that while it is still too early to estimate insured losses following Storm Desmond, they could exceed those of the 2009 Cumbria floods.
PERILS puts Cumbria, UK flooding under investigation
Artemis
December 08, 2015
RMS says that insured losses from the flooding in Carlisle could exceed that of the Cumbria floods.
Post Magazine
December 08, 2015
Extreme flooding in Carlisle could lead to insured losses greater than those of the 2009 Cumbria floods.
A peak of exposure in every port
Insurance Day
November 27, 2015
Chris Folkman, director, model product management, explains how cargo policy provisions are a structural issue for the marine cargo insurance market.
Captives Looking Beyond Reinsurance
Captive Review
November 19, 2015
Stephen Moss, director, capital markets, discusses the increased interest in capital markets as an alternative to reinsurance by captive owners.
Post docu-video: European Windstorm
Post Magazine
November 19, 2015
Dr. Laurent Marescot talks to Post Magazine about why Europe windstorm has lower profile amongst insurers than other natural hazards.
Reinsurers, captives and the capital markets
Insurance Day
November 16, 2015
Stephen Moss, director, capital markets, discusses the increased interest in capital markets as an alternative to reinsurance by captive owners.
Climate change may knock capitalisation: S&P (Subscription required to view article)
Reactions
November 16, 2015
Using RMS modeling data, Standard and Poor’s estimates that climate change could affect insurance industry capital levels in addition to increasing catastrophe exposures.
Deal of the Year: Benu Capital; Best bank, ILS: BNP Paribas
Insurance Risk
November 12, 2015
Alongside Axa and BNP Paribas, RMS is named as a winner for Insurance Risk's Deal of Year for its risk modeling of the Benu Capital transaction.
Containing the accumulation of loss (Subscription required to view article)
Insurance Day
November 12, 2015
Chris Folkman, director, product management, explains the need for better exposure data management and modeling for the cargo industry to better manage its cat risk..
RMS: Cat Bond Analysis Reveals Market Predictions of Price Bottom Are Optimistic
Insurance Journal
November 10, 2015
New RMS research shows that baseline pricing figures have masked risk-return values of cat bonds, which are actually higher in 2015 than they were last year.
Catastrophe bond returns higher in 2015 relative to risk: RMS
Artemis
November 09, 2015
Jinal Shah, director, capital markets, explains how accurate risk modeling has helped to reveal the true risk-return values of cat bonds in 2015.
Price creeps up on distressed MultiCat Mexico trades (Subscription required to view article)
Trading Risk
November 09, 2015
RMS analysis shows that the cat bond market is actually returning more to investors this year.
Cat bond spreads show higher rewards claims RMS
Intelligent Insurer
November 09, 2015
Jinal Shah, director, capital markets, explains to Intelligent Insurer that true risk pricing of cat bonds must be calculated by considering all dimensions of loss, including seasonal variation and the time-value of money.
If you don’t have to buy flood insurance, should you?
San Francisco Chronicle
November 09, 2015
Matthew Nielsen, senior director, global governmental and regulatory affairs, speaks to the San Francisco Chronicle about the challenges of modeling flood and generally how to assess flood risk as California prepares for a likely wet winter.
ILS returns holding up in real terms: RMS (Subscription required to view article)
Reactions
November 09, 2015
New RMS analysis shows that returns relative to risk values for cat bonds are actually higher than they were last year.
The cost of carbon (Subscription required to view article)
Reactions
November 04, 2015
Carbon permit trading markets may hold opportunities for the insurance market, however, setting up such markets can be challenging., says Dr. Robert Muir-Wood, chief research officer.
Canadian Underwriter
November 01, 2015
During his keynote address at the Canadian Insurance Accountants Association annual conference, Hemant Shah, RMS co-founder and CEO, explains how the growth potential of the catastrophe risk market is being driven, in part, by booming interconnected risks.
Flooding Risk Rises for East Coast as Waters Recede in South Carolina and Georgia
Claims Journal
October 28, 2015
Emily Paterson, senior manager, event response, explains that while areas of South Carolina are still recovering from the severe flooding caused by high tides and onshore winds, the worst flooding for South Carolina and Georgia are over.
RMS' Waters: Interest Grows in Private Flood Coverage
AM Best TV
October 28, 2015
Jeff Waters, manager, product strategy, speaks to AM Best TV at the PCI Conference about growth opportunities in the U.S. private flood insurance market.
RMS eyes opportunities in flood risk
Intelligent Insurer
October 26, 2015
At the PCI Conference, Jeff Waters talks to Intelligent Insurer about growth opportunities in the U.S. private flood insurance market.
RMS pushing ahead with US flood model
Reactions
October 26, 2015
Jeff Waters speaks to Reactions on the development of new flood risk solutions to help grow the U.S. private flood insurance industry.
Expect more corporate cat bonds in 2016
Captive Review
October 26, 2015
Stephen Moss tells Captive Review that more corporate cat bond deals can be expected in 2016. Moss also anticipates growth in the European market due to increased appetite for capital market solutions among investors.
Canadian Underwriter
October 26, 2015
RMS explains the types and extent of damage in Mexico from Hurricane Patricia and forecasted flash flooding in part of the U.S.
Hurricane Flooding May Cost Texas Billions
Bloomberg
October 25, 2015
RMS event response report explains that heavy rains from Hurricane Patricia lead to flash flooding in Texas and Louisiana.
Why Hurricane Patricia Didn’t Cause More Damage in Mexico
Carrier Management
October 24, 2015
According to the RMS Event Response team, the narrow path of Major Hurricane Patricia’s landfall helped it to avoid direct hits on major cities.
Flooding Implications for US regions
Intelligent Insurer
October 23, 2015
Emily Paterson warns the expected total rainfall from Major Hurricane Patricia poses significant flood threat to parts of Mexico and the U.S.
Improved risk management at heart of China Re's strategy
Insurance ERM
October 20, 2015
China Re will continue to use catastrophe risk models from companies such as RMS as it improves its risk management in preparation for an IPO.
RMS acquires wind impact specialist HWS
Reactions
October 19, 2015
Dr. Mohsen Rahnama and Dr. Mark Powell discuss how HWind Scientific is a natural fit for RMS.
Modeling develops for liability catastrophe risks
Business Insurance
October 16, 2015
Lloyd’s of London and Praedicat report on the use of big data to identify and measure liability catastrophe risks.
Amtrak secures insurance coverage for natural disasters in Northeast Corridor
Progressive Railroading
October 15, 2015
RMSprovided risk analysis and consulting services for the PennUnion Re cat bond.
Amtrak likes PennUnion cat bond’s efficient insurance diversification
Artemis
October 15, 2015
Ben Brookes discusses the type of risk analysis required for parametric triggers included in cat bonds like PennUnion Re.
Amtrak completes $275m cat bond
Intelligent Insurer
October 15, 2015
Ben Brookes explains the PennUnion Re cat bond transaction is based on a mature understanding of current and future risks analyzed by RMS.
Amtrak goes to Bermuda (for insurance)
Railway Age
October 15, 2015
RMS brought its experience in developing pioneering parametric trigger mechanisms for catastrophe bonds to help Amtrak transfer $275 million to the capital markets.
Amtrak Transfers $275 Million Risk in First Cat Bond for Railway
Bloomberg
October 14, 2015
RMS provided the risk analysis for the PennUnion Re cat bond, giving Amtrak coverage against natural disasters.
Around the P&C insurance industry: October 14, 2015
Property Casualty 360
October 14, 2015
Dr. Mark Powell and his team join RMS as a part of the acquisition of HWind Scientific.
Amtrak Sponsors $275M Cat Bond for Northeast Storm Surge, Wind, Quake
Insurance Journal
October 14, 2015
RMS provides risk analysis and consulting support to Amtrak for the PennUnion Re cat bond.
French floods to cost up to €650m
Insurance Day
October 12, 2015
RMS says the flash flooding in the Southern France has caused extensive infrastructure damage and prompted the declaration of a state of natural disaster for the region.
RMS Acquires Hurricane Impact Data Service
BerNews
October 12, 2015
Dr. Mohsen Rahnama explains how the acquisition of HWind Scientific will further enhance RMS’ ability to deliver scientifically robust analysis for North Atlantic hurricanes to its clients.
RMS acquires hurricane data service HWind Scientific
Trading Risk
October 08, 2015
The acquisition of HWind Scientific by RMS will support the uninterrupted use of HWind data by the academic community.
RMS looks to adapt HWindScientific to global windstorms
Insurance Day
October 08, 2015
Matthew Grant talks about plans to use HWind Scientific methodology to provide more accurate information on global windstorms including hurricanes, cyclones, and typhoons.
RMS acquires hurricane data firm HWind
Insurance ERM
October 08, 2015
Dr. Mohsen Rahnama explains how the union with HWind Scientific is an opportunity for RMS to further advance the industry’s hurricane risk management.
RMS acquires hurricane-impact data service
Intelligent Insurer
October 08, 2015
Dr. Mark Powell talks about new HWind products in development including revised a high-definition wind analysis and footprint archive.
RMS Buys Up Real-Time Hurricane Impact Data Startup
Carrier Management
October 07, 2015
Dr. Mohsen Rahnama discusses how the acquisition of HWind Scientific will enable RMS to advance clients’ hurricane risk management.
RMS acquires HWind Scientific, plans to integrate team and products
Artemis
October 07, 2015
Dr. Mohsen Rahnama says the union between RMS and HWind Scientific opens up an incredible opportunity to further advance hurricane risk management.
RMS acquires hurricane risk services firm HWS
Insurance Day
October 07, 2015
Dr. Mark Powell explains how HWind Scientific is a natural fit with RMS as an industry standard for validating hurricane risk models.
Global company acquires local startup HWind Scientific
Tallahassee Democrat
October 07, 2015
Dr. Mark Powell talks about the acquisition of HWind Scientific by RMS and what it means for both companies.
Agent Develops Coverage to Fill Gaps in Traditional Wind Insurance
Insurance Journal
October 06, 2015
RMS partner New Paradigm Underwriters has created a supplemental product for windstorm insurance. RMS will certify the data collected during storms.
Amtrak PennUnion Re cat bond upsizes to $275mn
Trading Risk
October 06, 2015
RMS is acting as the modeling agent for the Amtrak PennUnion Re storm surge cat bond.
State of natural disaster declared for southern France
Insurance Day
October 06, 2015
RMS commented on the Southern France floods, which were among a number of weather events that hit at the start of the fourth quarter.
Fears of losses in France after flooding
Insurance Insider
October 05, 2015
RMS comments that a slow-moving storm combined with intensity and duration caused extreme flooding.
A New Era for Marine Catastrophe Management
Carrier Management
October 05, 2015
Chris Folkman, Senior Director, model product management, writes about the challenges in marine risk management and how the upcoming RMS Marine Model can help address risks such as cargo diversity and storage configurations
Joaquin to drive US coastal flooding
Insurance Day
October 02, 2015
RMS provided commentary on Hurricane Joaquin as it approached the U.S. East Coast.
Hurricane Joaquin forecast moves away from U.S., flood threat remains
Artemis
October 02, 2015
While Hurricane Joaquin is unlikely to make landfall, the U.S. East Coast still faces the risk of flooding, explains Jeff Waters, Manager, model product strategy.
RMS: Slow-Moving Hurricane Joaquin Expected to Drive Coastal Flooding
Insurance Journal
October 02, 2015
The slow movement of Hurricane Joaquin could amplify coastal flooding along the U.S. East Coast, according to Emily Paterson, Senior Manager, catastrophe response.
The East Coast May Not Be Ready for Hurricane Joaquin
TIME
October 01, 2015
The U.S. East Coast may face severe flooding even if Hurricane Joaquin does not make landfall, said Jeff Waters, Manager, Model Product Strategy.
RMS(one) on course for 2016 rollout
Trading Risk
September 25, 2015
RMS CEO and Co-Founder Hemant Shah confirms RMS(one) will be tested tested with a number of clients at the end of this year with a wider rollout in late 2016.
RMS to launch first high-definition model in 2016
Insurance Day
September 25, 2015
Matthew Grant, general manager for models and data products, gives an update on timings for the new RMS high-definition European flood model, available early 2016.
RMS(one) design now complete ahead of 2016 roll out
Insurance Day
September 24, 2015
CEO and co-founder Hemant Shah provides a statuts update on RMS(one). The full solution will be released in stages over the course of 2016.
Chile hit with earthquake and tsunami
Global Reinsurance
September 18, 2015
Robert Muir-Wood, chief research officer, comments on earthquake risk in Chile following the M8.3 quake.
Canadian Underwriter
September 17, 2015
Fitch Ratings Agency cites RMS storm surge risk analysis in its report on the effects of sea level rise on insurance rates.
Aon Launches Cat Model for Marine & Energy Insurers
Insurance Journal
September 15, 2015
Aon Benfield and six other companies are collaborating with RMS to develop a marine model.
New Product Alert: XL Catlin, Aon Benfield, AIR Worldwide and More
Carrier Management
September 14, 2015
Aon Benfield announced their collaboration with six other companies and RMS to develop a marine model.
Intelligent Insurer
September 14, 2015
Andrew Coburn discusses the insurance implications of a cyber attack on the US power grid.
Marine and cyber models progress
Trading Risk
September 14, 2015
RMS is developing a new marine model with a consortium of seven reinsurance companies.
Marine cat model includes vulnerability curves for cargo
Canadian Underwriter
September 14, 2015
RMS is developing a new marine model that will include 85 cargo and specie vulnerability curves.
Cargo cat model aims to improve risk assessment
Insurance Day
September 14, 2015
The new marine model being developed by RMS will be the first to differentiate between types of commodities and storage configurations.
Aon Benfield unveils marine cat model
Intelligent Insurer
September 14, 2015
Aon Benfield is collaborating with RMS and six other companies to develop a marine model.
Aon launches marine modelling solution for 2016 renewals
Insurance ERM
September 13, 2015
Aon Benfield is among seven companies involved in the development of a new marine model by RMS.
Aon Benfield and RMS develop marine and energy model
Post Magazine
September 13, 2015
Aon Benfield announced their collaboration with RMS and six other companies to develop a new marine model.
Rising sea levels grow storm surge risk on US East coast
Reactions
September 12, 2015
Analysis by RMS shows that due to rising sea levels, storm surge is likely to generate more than half of the economic losses from US hurricanes by 2100.
RMS helped TCIP improve transparency of Bosphorus cat bond trigger
Artemis
September 09, 2015
RMS performed the risk analysis for the Bosphorus 2015-1 Cat bond that successfully transferred $100 million of the Turkish Catastrophe Insurance Pool’s earthquake risk to the capital markets.
Modelling in focus: US storm surge
Trading Risk
September 04, 2015
Analysis by RMS shows that due to rising sea levels, storm surge is likely to generate more than half of the economic losses from US hurricanes by 2100.
The Growing Threat of CBRN Weapons
RSIS Commentary
September 02, 2015
Weimeng Yeo, principle modeler, model development, discusses the increasing risks of a chemical, biological, radiological, nuclear terrorist attack. This article was also syndicated in Eurasia Review and Asia Times.
Reactions
September 02, 2015
Hemant Shah, CEO and co-founder, discusses opportunities for the reinsurance industry to revitalize itself through innovation.
Report Examines Potential Economic Losses From Storm Surge On 6 Key Coastal Cities
Homeland Security Today
August 31, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Future coastal flooding risks, economic losses will rise in several major US cities, analysis finds
Fierce Homeland Security
August 31, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
The Katrina disaster that hasn’t ended
Politico
August 28, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
A perfect storm: ten years since Katrina
Reactions
August 28, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
RMS partners with MSIG Mingtai Insurance to model Taiwanese typhoon risk
Insurance ERM
August 27, 2015
RMS partners with MSIG Mingtai Insurance to share industry information and insight into the local Taiwanese insurance market as RMS develops a probabilistic typhoon model to expand effective risk management in the region.
RMS and Taiwan’s MSIG Mingtai Collaborate on Typhoon Risk Insights
Insurance Journal
August 27, 2015
RMS partners with MSIG Mingtai Insurance to share industry information and insight into the local Taiwanese insurance market as RMS develops a probabilistic typhoon model to expand effective risk management in the region.
These Are the Cities Most Vulnerable to the Next Katrina
TIME
August 27, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Turkish catastrophe bond completed
Reactions
August 26, 2015
RMS performed risk analysis for the recent Bosphorus Ltd. Cat bond that successfully transferred $100 million of the Turkish Catastrophe Insurance Pool’s earthquake risk to the capital markets.
Is Your City Ready for the Next Katrina?
New Republic
August 26, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
How do you measure disaster risk?
Significance Magazine
August 25, 2015
Julia Hall’s byline how probabilistic modeling can be used by governments to measure and monitor disaster risks over time.
Storm surge risk across U.S. coastline on the rise: RMS
Artemis
August 25, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Decade after Katrina, Tampa at higher risk for hurricane damage
WSTP
August 24, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Insurance Day
August 21, 2015
Andrew Coburn discusses RMS’ recent collaboration with the Cambridge Centre for Risk Studies and developments in cyber risk modeling.
Gauging the contours of cyber risk
Insurance Day
August 21, 2015
RMS’ development of a cyber model was mentioned in a byline on cyber risk by Willis Re’s Alice Underwood.
A collaborative approach to risk modelling
Insurance Day
August 21, 2015
Matthew Grant’s byline on changes in the modeling industry discusses the increasing need for risk modelers to complement their own expertise by collaborating with recognized specialists.
Q&A: terrorism risks modelling
Insurance Day
August 21, 2015
RMS’ modeling work for Pool Re was mentioned in a Q&A on terrorism modeling with Pool Re’s Chief Underwriting Officer Steve Coates.
U.S. coastal flood risk on the rise 10 years after Hurricane Katrina: RMS
Canadian Underwriter
August 20, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Florida faces higher storm surge risk than New Orleans: RMS
Trading Risk
August 20, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Rising sea levels threaten US coastal cities
Reactions
August 20, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
A Decade After Hurricane Katrina Rising Flood Risk Threatens Coastal Cities
Claims Journal
August 20, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
US coastal flood risk on the rise, says RMS
Intelligent Insurer
August 20, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
10 years after Katrina: New risks, old lessons
Insurance.com
August 20, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
10 Years On: The Evolution of Modeling Since Katrina
Willis Wire
August 19, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Catastrophe Modeler RMS: New York Among the Three Cities Most Vulnerable to Storm Surge
Best's Review
August 19, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Rising Sea Level Boosts Risk to U.S. Coastal Cities of Hurricane-Related Flood Damage
Carrier Management
August 19, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
US coastal exposures continue to rise ten years after Katrina
Commercial Risk Europe
August 19, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
10 Years After Katrina, Coastal Cities Face Greater Flood Risk: RMS
Insurance Journal
August 19, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Storm surge a rising component of hurricane risk
Insurance Insider
August 19, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
US coastal flood risk rising – RMS
Insurance Day
August 19, 2015
RMS developed a forward-looking analysis of storm surge risk in six U.S. coastal cities including New Orleans, Miami, Tampa, New York City, Baltimore, and Boston.
Hurricane Damage Predicted to Get Worse
The Maritime Executive
August 18, 2015
RMS’ analysis of Asia industrial exposures is cited in Maritime Executive’s article on Allianz’s Hurricane Katrina 10 year anniversary report.
Turkish cat pool limits Bosphorus bond to $100mn
Insurance Insider
August 17, 2015
RMS acted as the modeling agent for Turkish Catastrophe Insurance Pool’s Bosphorus cat bond.
Explosion in China shows how Cats can have regional, even global, impact: Munich Re
Canadian Underwriter
August 17, 2015
Canadian Underwriter cites RMS’ event response report in an article about Munich Re’s analysis of the event.
Coverage fills gaps in traditional hurricane insurance
Business Insurance
August 12, 2015
RMS is proud to partner with New Paradigm for an innovative parametric hurricane solution.
New Paradigm’s parametric hurricane cover, with ILS credentials
Artemis
August 11, 2015
RMS has partnered with New Paradigm to provide data collection and certification for an innovative parametric hurricane cover.
An actuarial perspective on pandemics
Longevity Bulletin
August 06, 2015
Dr. Gordon Woo, catastrophe risk expert, writes about the operational challenges of dealing with pandemics and the process of modeling the risk.
Insurance Day
August 03, 2015
Matthew Nielsen, senior director, global governmental and regulatory affairs, discusses the risk posed by the combination of low flood insurance penetration and wildfire burned land in California as El Niño strengthens and rainy season approaches.
Best's Review
August 01, 2015
Matthew Grant, general manager, model and data products, joins a roundtable discussion on issues including what model users want, changes in modeling, new perils modeled, and flood.
AIR model update to lift 100-year hurricane loss by 3%
Trading Risk
July 28, 2015
AIR has increased its expected loss projections for its U.S. hurricane model, bringing them closer to RMS' view of hurricane risk.
Daily Mail shares fall 11 per cent after poor advertising sales
Financial Times
July 23, 2015
In its Q3 trading update, DMGT reiterated that RMS(one) remains on track.
DMGT Lowers Full Year Expectations On Weaker Advertising Market
London South East
July 23, 2015
In its Q3 trading update, DMGT reiterated that RMS(one) remains on track
The Next Big Thing in Cat Bonds: Prevention
Asset Securitization Report
July 21, 2015
Ben Brookes discusses how cat bonds could be used to fund infrastructure projects promoting resilience.
New Madrid earthquakes repeat would cost industry $150bn
Insurance ERM
July 17, 2015
RMS’ previously issued loss estimate for the New Madrid earthquakes is mentioned by Insurance ERM in an article about Swiss Re’s new report on the risk area.
Fitch Rates Catastrophe Bond Acorn Re Ltd. Series 2015-1 Class A Notes 'BBsf'; Outlook Stable
Market Watch
July 13, 2015
RMS’ modeling work for Acorn Re was included in a Fitch press release on Market Watch rating the cat bond.
Plugging the Hole in the U.S. Flood Market: How Risk Modelers Can Help to De-Risk the NFIP
Insurance Journal
July 06, 2015
Matthew Nieslen, senior director, global governmental and regulatory affairs, discusses privatizing U.S. flood insurance as a part of the Insurance Journal July issue special feature on disaster risks.
The first China cat bond lists on BSX
The Royal Gazette
July 03, 2015
The RMS China Earthquake Model was used by China Re to provide risk metrics for the first-ever China catastrophe bond.
China Re: Panda Re paves the way for capital market transfer
Trading Risk
July 03, 2015
The RMS China Earthquake Model was used by China Re to provide risk metrics for the first-ever China catastrophe bond.
Panda Re cat bond an “important breakthrough” for China Re
Artemsis
July 02, 2015
The RMS China Earthquake Model was used by China Re to provide risk metrics for the first-ever China catastrophe bond.
Sanjiv "Sunny" Sharma Recognition Plaque
San Francisco Business Times
July 02, 2015
Sunny Sharma is appointed to senior vice president of cloud operations and information technology.
Panda Re catastrophe bond covers China risks
Business Insurance
July 02, 2015
The RMS China Earthquake Model was used by China Re to provide risk metrics for the first-ever China catastrophe bond.
First Chinese catastrophe bond presents chance for ILS market to diversify
Reactions
July 02, 2015
The RMS China Earthquake Model was used by China Re to provide risk metrics for the first-ever China catastrophe bond.
The Geneva Association: Risk management of emerging pandemics
Asia Insurance Review
June 29, 2015
Dr. Gordon Woo, catastrophe risk expert, writes about the risk management of emerging pandemics and how insurance solutions could mitigate the spread of a future pandemic.
Probabilistic catastrophe loss modeling
Management-Information
June 26, 2015
Dr. Laurent Marescot, director, model product management’s byline on catastrophe modeling and transparency for Solvency II was published in the July issue of Management-Information at the University St. Gallen.
RMS Names Sharma Senior Vice President of Cloud Operations and IT
Insurance Journal
June 25, 2015
Sunny Sharma is appointed to senior vice president of cloud operations and information technology.
Demand for mortality bonds offers chance to de-risk
Insurance Risk
June 24, 2015
RMS is referenced in an Insurance Risk article on Axa’s Benu Ltd longevity cat bond.
Side effects of floods important for risk modelling
XPRIMM
June 22, 2015
Dr. Laurent Marescot, director, model product management, presented at IIF conference on the importance of flood side effects for risk modeling.
$200m Acorn Re parametric U.S. earthquake cat bond launches
Artemis
June 18, 2015
Artemis cites RMS as the risk modeler for the Acorn Re cat bond.
Industry needs to better understand uncertainty in climate change – risk modellers
Insurance Day
June 10, 2015
Hemant Shah, CEO and co-founder, is quoted on the role of catastrophe models in helping the industry understand climate change.
Parity needed across cat bond & reinsurance data submissions: Ben Brookes, RMS
Artemis
June 02, 2015
Speaking to Artemis at Exceedance 2015, Ben Brookes, vice president, capital markets, explains the need for more transparency in data submissions for catastrophe bond deals.
Exceedance: the buzz from Miami
Reactions
June 02, 2015
News and insights from Exceedance 2015 featuring quotes from Hemant Shah, Ben Brookes, and Patricia Grossi in a three-page cover story in the Reactions June issue.
Intelligent Insurer
May 29, 2015
Praedicat, founded by RAND and RMS, has innovative plans for the casualty market.
Open cat models are the future, risk modellers say
Insurance Day
May 29, 2015
Insurers are turning to open catastrophe models, such as RMS(one), for a better understanding of risk.
Intelligent Insurer
May 29, 2015
Catastrophe modelers including RMS are looking at new ways to model casualty risk as the market grows.
Daily Mail and General Trust: MailOnline sales to offset decline in print revenue
International Business Times
May 22, 2015
RMS parent company DMGT announces half-year financials with an update on RMS(one).
MailOnline reports sharp slowdown in growth despite US push
Financial Times
May 22, 2015
RMS parent company DMGT announces half-year financials with an update on RMS(one).
Daily Mail owner sees profits rise 55% as digital advertising revenues increase
This is Money
May 22, 2015
RMS parent company DMGT announces half-year financials with an update on RMS(one).
Operating profits sink 57% at RMS
Intelligent Insurer
May 22, 2015
RMS parent company DMGT announces half-year financials with an update on RMS(one).
Daily Mail & General H1 Adj. Pretax Profit Down 4%; Underlying Revenue Up 1%
RTT News
May 21, 2015
RMS parent company DMGT announces half-year financials with an update on RMS(one).
BRIEF-Daily Mail and General Trust sees higher EPS
Reuters
May 21, 2015
RMS parent company DMGT announces half-year financials with an update on RMS(one).
RMS reshuffles leadership team
Trading Risk
May 15, 2015
RMS announces new executive appointments and expanded roles.
Here’s How Hoboken Could Pay for a Giant Anti-Flooding Bathtub
Next City
May 15, 2015
RMS is collaborating with re.focus partners, The Rockefeller Foundation, Swiss Re, and Goldman Sachs on the RE.bound initiative to develop new risk transfer solutions to fund disaster resilience projects.
Around the industry: May 13, 2015
Property Casualty 360
May 13, 2015
Sun Life renews its agreement to license the RMS® Longevity Risk Model Canada for an additional three years.
How Insurance Is Shaping the Built Environment
Sourceable
May 13, 2015
Dr. Robert Muir-Wood, chief research officer, explains the benefits of probabilistic catastrophe modeling for the insurance industry.
Insurance covers only a fraction of Nepal's earthquake damage
Business Insurance
May 10, 2015
RMS issues damage reports for the Nepal Earthquake.
Hurricane Machine Aims to Improve Forecasts
Discovery News
May 06, 2015
Paul Wilson, VP, model development, discusses the benefits of hurricane simulation data for catastrophe modeling.
World's biggest hurricane simulator aims to improve forecasts
Rappler
May 06, 2015
Paul Wilson, VP, model development, discusses the benefits of hurricane simulation data for catastrophe modeling.
Someone built the 'world's biggest' hurricane simulator to help improve forecasts
Business Insider
May 06, 2015
Paul Wilson, VP, model development, discusses the benefits of hurricane simulation data for catastrophe modeling.
World's biggest hurricane simulator aims to improve forecasts
Agence France-Presse
May 06, 2015
Paul Wilson, VP, model development, discusses the benefits of hurricane simulation data for catastrophe modeling.
Oasis Loss Modelling Framework's Whitaker: Model modeller
Insurance Day
May 06, 2015
RMS is named as a top modeler in the industry in a profile on Oasis.
World's biggest hurricane simulator aims to improve forecasts
Yahoo News
May 05, 2015
Paul Wilson, VP, model development, discusses the benefits of hurricane simulation data for catastrophe modeling.
The Next Frontier: Praedicat Soaring Into Liability Cat-Modeling Space
Carrier Management
May 04, 2015
Robert Reville, CEO of Praedicat, writes about the founding of Praedicat by RMS and RAND, and the future of liability catastrophe modeling.
JLT predicts competitive June 1 renewal
Reactions
April 29, 2015
JLT Re, at Exceedance 2015, predicts that the Florida market does not foresee any reduction in market capacity.
Evolving building codes add to Chile’s resilience
Reactions
April 29, 2015
Dr. Patricia Grossi explains how updating building codes has helped Chile’s resilience to future seismic and other natural catastrophe events.
Pension funds point to capital market longevity
Reactions
April 29, 2015
At Exceedance 2015, BMS Intermediaries discusses the size of the pensions market and potential funds that could enter the ILS space
Could ILS market aide against next pandemic?
Reactions
April 28, 2015
Ben Brookes discusses how ILS and bonds could be used to reduce pandemic aid response time.
Risk Modeler: Economic Exposure to Natural Catastrophe on the Rise in Asia-Pacific
A.M. Best
April 28, 2015
Markus Moravek discusses major concentrations of risk for industrial sites located on flood plains in Asia.
Axa Global Life and RMS collaborated on mortality bond
Reactions
April 28, 2015
AXA Global Life selects RMS as a partner to analyze risk for an unprecedented excess mortality bond.
New capital & risk modelling technology = new opportunities: Hemant Shah, RMS
Artemis
April 28, 2015
Hemant Shah, CEO and co-founder, discusses trends and new opportunities for (re)insurance and risk modeling technology.
RMS(one) just around the corner
Reactions
April 28, 2015
Hemant Shah, CEO and co-founder, provides RMS(one) updates at Exceedance 2015.
RMS, AIR Worldwide Tally Catastrophic Damages From Nepal Earthquake
Carrier Management
April 27, 2015
RMS issues damage reports for the Nepal Earthquake.
RMS hires two senior execs; expands leadership roles
Intelligent Insurer
April 24, 2015
RMS announces new executive appointments and expanded roles.
Reactions
April 24, 2015
Eric Yau joins RMS as general manager of software and Peter Eidelman joins as CFO.
RMS Estimates Insured Losses From Windstorm Niklas Could Hit $1.5B Euro
Claims Journal
April 22, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
RMS says insured losses for Windstorm Niklas could be $1.6 billion
Daily Willis Review
April 22, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
Insurance Council of Australia has received more than 19,500 claims following storm
Canadian Underwriter
April 22, 2015
RMS issues a catastrophe response detailing damage from the Australian hailstorms.
RMS releases Windstorm Niklas damage estimate
Post Magazine
April 21, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
RMS: Niklas losses between EUR750mn and EUR1.5bn
Trading Risk
April 21, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
RMS estimates lower Niklas losses at EUR0.75mn-EUR1.5bn
Inside FAC
April 21, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
Windstorm Niklas could cost €1.5bn
Intelligent Insurer
April 20, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
RMS Niklas loss pick comes in below AIR estimate
Insurance Insider
April 20, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
Canadian Underwriter
April 20, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
Niklas damage at €750m-€1.5bn: RMS
Reactions
April 20, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
Europe’s March windstorm could blow in $1.6 billion in insured losses
Business Insurance
April 20, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
RMS: European windstorm Niklas industry loss €750m to €1.5B
Artemis
April 20, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
Interview with Dr Robert Muir-Wood at UNWCDRR 2015
The Geneva Association
April 20, 2015
Dr. Robert Muir-Wood, chief research officer, discusses trends in catastrophe modeling for disaster risk reduction.RMS: Windstorm Niklas Insured Losses Could Reach €1.5 billion
A.M. Best
April 20, 2015
RMS releases loss estimates for Windstorm Niklas following a comprehensive investigation by the RMS reconnaissance team and hazard reconstruction using version 15.0 RMS Europe Windstorm Models.
InsuranceERM's Most Influential 2015
Insurance ERM
April 16, 2015
Dr. Robert Muir-Wood, chief research officer, is named one of InsuranceERM’s Most Influential 2015.
RMS updates Europe windstorm model to support SII validation
Insurance ERM
April 13, 2015
RMS announces the release of version 15.0 RMS Europe Windstorm Models and RMS North Atlantic Hurricane Models, which will play a vital role in Solvency II model validation and provide sharper hurricane risk differentiation.
RMS updates European Windstorm and Atlantic Hurricane models
Artemis
April 13, 2015
RMS announces the release of version 15.0 RMS Europe Windstorm Models and RMS North Atlantic Hurricane Models, which will play a vital role in Solvency II model validation and provide sharper hurricane risk differentiation.
Risk Management of Emerging Pandemics
The Geneva Association
April 12, 2015
Dr. Gordon Woo, catastrophe risk expert, writes about the risk management of emerging pandemics and how insurance solutions could mitigate the spread of a future pandemic.
RMS Releases Updated Europe Windstorm, North Atlantic Hurricane Models
Insurance Journal
April 10, 2015
RMS announces the release of version 15.0 RMS Europe Windstorm Models and RMS North Atlantic Hurricane Models, which will play a vital role in Solvency II model validation and provide sharper hurricane risk differentiation.
Intelligent Insurer
April 10, 2015
RMS announces the release of version 15.0 RMS Europe Windstorm Models and RMS North Atlantic Hurricane Models, which will play a vital role in Solvency II model validation and provide sharper hurricane risk differentiation.
Reactions
April 10, 2015
RMS announces the release of version 15.0 RMS Europe Windstorm Models and RMS North Atlantic Hurricane Models, which will play a vital role in Solvency II model validation and provide sharper hurricane risk differentiation.
RE.bound – New Insurance Product to Support Risk-Reduction Projects
Flood List
April 09, 2015
RMS is collaborating with re.focus partners, The Rockefeller Foundation, Swiss Re, and Goldman Sachs on the RE.bound initiative that will develop new risk transfer solutions to fund disaster resilience projects.
RMS Releases Latest Europe Windstorm and North Atlantic Hurricane Models
Carrier Management
April 09, 2015
RMS announces the release of version 15.0 RMS Europe Windstorm Models and RMS North Atlantic Hurricane Models, which will play a vital role in Solvency II model validation and provide sharper hurricane risk differentiation.
RMS Commends Tokyo’s Adoption of Nat Cat Quake Loss Reduction Plan
Insurance Journal
April 08, 2015
RMS voices its support for Tokyo's plan to halve expected earthquake casualties over the next ten years and urges other cities and countries to set specific measurable disaster risk reduction targets.
Risk reduction cat bonds planned
Reactions
April 08, 2015
RMS is collaborating with re.focus partners, The Rockefeller Foundation, Swiss Re, and Goldman Sachs on the RE.bound initiative to develop new risk transfer solutions to fund disaster resilience projects.
RMS unveils new resilient infrastructure insurance product
Intelligent Insurer
April 07, 2015
RMS is collaborating with re.focus partners, The Rockefeller Foundation, Swiss Re, and Goldman Sachs on the RE.bound initiative that will develop new risk transfer solutions to fund disaster resilience projects.
Canadian Underwiter
April 07, 2015
RMS is collaborating with re.focus partners, The Rockefeller Foundation, Swiss Re, and Goldman Sachs on the RE.bound initiative that will develop new risk transfer solutions to fund disaster resilience projects.
RE:bound to apply catastrophe bond tech to project financing
Artemis
April 07, 2015
RMS is collaborating with re.focus partners, The Rockefeller Foundation, Swiss Re, and Goldman Sachs on the RE.bound initiative that will develop new risk transfer solutions to fund disaster resilience projects.
The Actuary
April 01, 2015
Dr. Gordon Woo, catastrophe risk expert, discussed emerging pandemic risk management at the Students’ Actuarial Society conference.
New pandemic insurance to prevent crises through early payouts
Reuters
March 26, 2015
Dr. Gordon Woo, catastrophe risk expert, discusses new insurance schemes that would trigger at early warning signs of disease outbreaks.
New pandemic insurance to prevent crises through early payouts
Thomson Reuters Foundation
March 26, 2015
Dr. Gordon Woo, catastrophe risk expert, discusses new insurance schemes that would trigger at early warning signs of disease outbreaks.
RMS releases new exposure datasets for five Asian countries
Artemis
March 24, 2015
RMS releases Economic Exposure Datasets for five countries in Asia Pacific to help insurers and reinsurers to better understand and plan for risks from natural disasters.
Tsunami supply chain risk underestimated
Commercial Risk Europe
March 19, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
RMS study reveals mega-tsunamis are no “black swan event”
Artemis
March 19, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
RMS releases Asia-Pacific datasets
Intelligent Insurer
March 18, 2015
RMS releases Economic Exposure Datasets for five countries in Asia Pacific to help insurers and reinsurers to better understand and plan for risks from natural disasters.
RMS study reveals areas at risk of mega-tsunamis
Insurance Day
March 17, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
World Bank Readying Pandemic Insurance Fund
Risk Market News
March 16, 2015
RMS is referenced as a proponent of using cat bonds to mitigate pandemic risk in an article about the World Bank's initiative to develop catastrophe insurance to better fight pandemic outbreaks.
Too many terrorists spoil the plot
Insurance Linked
March 16, 2015
Gordon Woo, catastrophe risk expert, explains how mass surveillance is helping to thwart terrorist attacks.
New Study Highlights Major Tsunami Risk in Caribbean
Atlanta Black Star
March 13, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
RMS releases global tsunami risk study
Intelligent Insurer
March 13, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
Modelling in focus: Avoiding surprises from attritional losses
Trading Risk
March 13, 2015
Ben Brookes, vice president, risk markets, discusses how attritional losses can trigger cat bonds and how to account for them in catastrophe models.
New study warns of significant tsunami risk in Caribbean
Jamaica Observer
March 13, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide, including the Caribbean, capable of generating a giant earthquake and tsunami.
CARIBBEAN NEWS: March 7th - March 13th, 2015
Jamaicans.com
March 13, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide, including the Caribbean, capable of generating a giant earthquake and tsunami.
Commercial claims push Cyclone Marcia insurance losses beyond AU$400 million
Canadian Underwriter
March 12, 2015
RMS reports on transport disruptions and flooding due to Cyclone Marcia.
Significant risk for tsunamis in the Caribbean and Mediterranean
Asfalistiki Agora
March 12, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
Giant quake, tsunami risks identified
Business Insurance
March 12, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
RMS Study Shows Significant Tsunami Risk in Caribbean, Mediterranean
Insurance Journal
March 12, 2015
The RMS global tsunami risk study identifies 20 subduction zones worldwide capable of generating a giant earthquake and tsunami.
RMS unveils South Korea flood model
Intelligent Insurer
March 05, 2015
The RMS South Korea Probabilistic Flood Maps and Scenario Catalog provides the industry's only complete view of flood risk in South Korea and models all sources of precipitation driving flood risk.
RMS models South Korea flood risk
Insurance Day
March 04, 2015
The RMS South Korea Probabilistic Flood Maps and Scenario Catalog provides the industry's only complete view of flood risk in South Korea and models all sources of precipitation driving flood risk.
RMS Targets South Korea With Wide-Ranging Cat Flood Risk Catalog
Carrier Management
March 04, 2015
The RMS South Korea Probabilistic Flood Maps and Scenario Catalog provides the industry's only complete view of flood risk in South Korea and models all sources of precipitation driving flood risk.
RMS releases S Korea flood catalogue
Reactions
March 04, 2015
The RMS South Korea Probabilistic Flood Maps and Scenario Catalog provides the industry's only complete view of flood risk in South Korea and models all sources of precipitation driving flood risk.
State Farm sponsoring Merna Re 2015-1, $300m New Madrid cat bond
Artemis
March 03, 2015
RMS is providing risk modeling services for the Merna Re 2015-1 catastrophe bond.
Recruiting Future Podcast Episode 3 - Bethan Davies from RMS
Recruiting Futures Podcast
February 27, 2015
Bethan Davies discusses RMS’ award winning approach to candidate experience.
Climate Change Modeling on Cusp of Paradigm Shift
Insurance Journal
February 26, 2015
Paul Wilson speaks to Insurance Journal about the shift in climate change modeling.
Trigger Happy: WHAT SETS ALTERNATIVE CAPITAL CLAIMS PAYMENTS IN MOTION?
Leader’s Edge Magazine
February 24, 2015
Leader's Edge Magazine explores pay outs for the insurance-linked securities market.
Many Choices, One Risk: Systemic Risk And Catastrophe Models
Risk Market News
February 18, 2015
How could catastrophe models become a potential systemic risk to the insurance industry.Why Did Cyclone Marcia Get So Bad, So Fast
Risk Market News
February 18, 2015
Neena Saith, senior director, discusses the rapid intensification of Cyclone Marcia in Australia.
Agile Big Data By @CoryIsaacson at @CloudExpo New York [#BigData]
Sys Con Media
February 17, 2015
Cory Isaacson, CTO, will present on agile big data at Cloud Expo.
RMS’ new comprehensive global tsunami tool a gift for re/insurers
Artemis
February 16, 2015
RMS’ new Global Tsunami Scenario Catalog hailed as pioneering by Artemis.
Trading Risk
February 13, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
City of New York
February 12, 2015
RMS is partnering with the Flatiron School to offer paid internships to participants of the NYC Web Development Program.
US Department of Commerce
February 09, 2015
RMS is partnering with the Flatiron School to offer paid internships to participants of the NYC Web Development Program.
How hurricane technology can reduce risk uncertainty
Artemis
February 09, 2015
Artemis names RMS(one) among new platforms and technologies that will help strengthen managing hurricane risk.
Willis Fires First Salvo in the Cyber Risk Model Race
Risk Market News
February 04, 2015
RMS is among the modeling companies that are developing a cyber risk model.
UPDATE: DMGT Revenue Up Slightly As Solid B2B Offset By Weak Media Arm
London South East
February 04, 2015
RMS’ parent company DMGT reports rise in first quarter revenue.
Analysis: Terrorism cover faces overhaul
Reactions
February 04, 2015
Gordon Woo, catastrophe risk expert, discusses why the Charlie Hebdo attacks are macro-attacks.
RMS Launches Tsunami Model, Inks Typhoon Data Partnership With Fubon
Risk Market News
February 03, 2015
RMS announces its Global Tsunami Scenario Catalog and a partnership with Fubon Insurance for the development of a high-definition Taiwan typhoon model.
RMS Debuts Global Tsunami Scenario Catalog
Carrier Management
February 03, 2015
RMS announces its Global Tsunami Scenario Catalog, the first of its kind in the insurance industry.
Video: Dr. Gordon Woo on terrorism insurance and Charlie Hebdo
Re360
January 30, 2015
Dr. Gordon Woo, catastrophe risk expert, discusses terrorism insurance and the Charlie Hebdo attacks.
RMS: TRIPRA Brings Fresh Questions for Insurers, Modelers
Best’s Review
January 29, 2015
RMS terrorism risk experts discuss TRIA renewal implications.
Insurance News Net
January 28, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Flood simulations inundate the cat modelling scene
Insurance ERM
January 27, 2015
Brian Owens, senior director, model solutions, discusses RMS’ expected model releases in 2015.
Catastrophe Q&A: RMS’ Cory Isaacson
Risk Market News
January 27, 2015
Cory Isaacson, chief technology officer, talks to Risk Market News about his plans as CTO.
Characteristics of ‘Charlie Hebdo’ Attack Thwarted Counter-Terrorism Efforts: RMS
Insurance Journal
January 26, 2015
Dr. Gordon Woo, catastrophe risk expert, discusses terrorism risk and the Charlie Hebdo attack.
RMS Names Chief Technology Officer
Insurance Networking
January 26, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Around the Industry: January 22, 2015
Property Casualty 360
January 22, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Cory Isaacson Recognition Plaque
San Francisco Business Times
January 22, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Intelligent insurer
January 21, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Codefutures CEO Cory Isaacson named RMS CTO
Info Tech Lead
January 21, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Cory Isaacson Recognition Plaque
Silicon Valley Business Journal
January 20, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Risk Management Solutions names chief technology officer
Business Insurance
January 20, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
RMS appoints new chief technology officer
Insurance ERM
January 20, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
RMS recruits chief technology officer
Trading Risk
January 20, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
RMS Replaces CTO, Makes Appointments as Platform Push Continues
Jan 20
January 20, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Reactions
January 20, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
Carrier Management
January 20, 2015
RMS names Cory Isaacson CTO. In this role, he will lead the development of RMS(one).
RMS supports China Re’s expansion into Lloyd’s
Intelligent Insurer
January 15, 2015
RMS announces expansion of partnership with China Re to support the reinsurer’s expansion into the London market.
RMS partners with China Re's Lloyd's venture
Post Magazine
January 15, 2015
RMS announces expansion of partnership with China Re to support the reinsurer’s expansion into the London market.
Fitch Affirms DMGT at 'BBB-'; Outlook Stable
Reuters
January 13, 2015
Fitch ratings for DMGT remain steady with stable outlook.
InsideFAC,
January 12, 2015
Chris Folkman, director, model product management, talks with InsideFAC about modeling terrorism risk for (re)insurance.
InsideFAC
January 12, 2015
Chris Folkman, director, model product management, talks with InsideFAC about modeling terrorism risk.
Windstorm Elon causes major power outages, rail disruption in U.K.
Canadian Underwriter
January 09, 2015
RMS catastrophe event response reports power and transportation disruption in the UK due to windstorm Elon.
DMGT Publishes Corporate Video, Brochure and Annual Report
The Wall Street Transcript
January 07, 2015
DMGT publishes its annual report including an update about RMS.
Catastrophe modelers developing cyber risk technologies to assess exposures
Business Insurance
January 04, 2015
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
New Cyber Security Risk Models May Be Needed For The Insurance Industry
Live Insurance News
December 26, 2014
RMS is talking to insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Risk Modelers Working on Tools for Gauging Cyber Attack Risk
Insurance Journal
December 23, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
The Morning Download: Sony, Recovering from Massive Hack, Seeks Cybersecurity Experts
CIO Journal
December 23, 2014
RMS is talking to insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Fitch Rates Tradewynd Re Series 2014-1 Catastrophe Bonds Class 3-A, 1-B, and 3-B
Insurance News Net
December 23, 2014
Fitch announces ratings for catastrophe bonds issued by Tradewynd Re using RMS risk analysis.
Risk Modelers Aim to Gauge Risks of ‘Cyber Hurricane’
Insurance Journal
December 22, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Insurance risk modelers look to clarify cyber risk costs
The Canberra Times
December 22, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Risk modelers look to clarify cyber risk costs
Business Insurance
December 22, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Boxing Day tsunami – ten years on
Reactions
December 22, 2014
RMS report looks back at lessons learned about coastline vulnerability from the 2004 Indian Ocean Earthquake and Tsunami.
Risk modelers look to clarify cyber risk costs
The Economic Times
December 22, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Insurance risk modelers look to clarify cyber risk costs
The Age
December 22, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
RMS Reflects on the 2014 Catastrophe Risk Landscape
Carrier Management
December 22, 2014
Chris Folkman, Patricia Grossi, and Brian Owens reflect on the important takeaways from the catastrophe events and changing landscape in 2014.
Risk modellers look to clarify cyber risk costs
The Malaysian Insider
December 20, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Risk modelers look to clarify cyber risk costs
Reuters
December 19, 2014
Andrew Coburn, SVP LifeRisks, tells Reuters that RMS is talking to insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Risk Modellers Look to Clarify Cyber Risk Costs
New York Times
December 19, 2014
RMS senior vice president Andrew Coburn discusses how RMS is working with insurers to develop a cyber risk model that can gauge probabilities of widespread attacks.
Lessons from a year of glancing blows
Insurance Day
December 19, 2014
Brian Owens, senior director of model solutions, reflects on the lessons learned from disasters in 2014.
Fitch Rates Tradewynd Re Ltd. Series 2014-1 Catastrophe Bonds Class 3-A, 1-B, and 3-B
Reuters
December 18, 2014
Fitch announces ratings for catastrophe bonds issued by Tradewynd Re using RMS risk analysis.
Hagupit insured losses to be small
Reactions
December 08, 2014
RMS reports damage and losses in the Philippines following Typhoon Hagupit.
The Actuary
December 04, 2014
Andrew Coburn, SVP LifeRisks, and the Cambridge University Centre for Risk Studies explain how they are developing frameworks for cyber catastrophe analysis.
Fitch Expects to Rate Tradewynd Re Ltd. Series 2014-1 Catastrophe Bond Class 3-A, 1-B, & 3-B
Fort Mills Times
December 03, 2014
Fitch announces ratings for catastrophe bonds issued by Tradewynd Re using RMS risk analysis.
Fitch Expects to Rate Tradewynd Re Ltd. Series 2014-1 Catastrophe Bond Class 3-A, 1-B, & 3-B
Market Watch
December 03, 2014
Fitch announces ratings for catastrophe bonds issued by Tradewynd Re using RMS risk analysis.
Bringing It All Back Home: Risk Management Solutions Makes Seismic Shift to the Private Cloud
Market Watch
December 01, 2014
Paris Georgallis, SVP cloud platform operations, discusses the transition to the private cloud for security and predictability in performance.
Insurance Linked
December 01, 2014
Andrew Coburn, Senior Vice President LifeRisks, is interviewed by Insurance Linked about the interconnectivity of risk and the use of capital markets.
Newspaper profitability rises at Daily Mail and General Trust
Financial Times
November 26, 2014
Andrew Coburn, Senior Vice President LifeRisks, is interviewed by Insurance Linked about the interconnectivity of risk and the use of capital markets.
Daily Mail owner says digital ads revenue offsets decline in print: Full-year revenue up 3 per cent
City AM
November 26, 2014
RMS parent company DMGT announces full-year revenue increase.
Daily Mail owner: Tesco scandal has not hurt our ad revenues
The Telegraph
November 26, 2014
RMS parent company DMGT announces full-year revenue increase.
Intelligent Insurer
November 26, 2014
RMS parent company DMGT announces full-year revenue increase.
Daily Mail says well positioned after strong full-year results
The Independent
November 26, 2014
RMS parent company DMGT announces full-year revenue increase.
Daily Mail profit nudges up, but RMS risks remain
Fast Financial Times
November 25, 2014
RMS parent company DMGT announces full-year revenue increase.
Hemant Shah Appointed to CAS Board of Directors
Insurance News Net
November 24, 2014
RMS CEO Hemant Shah is appointed to the Casualty Actuarial Society Board of Directors.
Reactions
November 14, 2014
Reactions hosted a roundtable in partnership with RMS to discuss the future of the insurance-linked securities market.
Interconnectivity of economic risk: Our global financial system as a living organism
Business Reporter
November 11, 2014
Andrew Coburn, Senior Vice President LifeRisks, discusses the interconnectivity of the financial system and economic risk in a byline for Business Reporter.
Scientists try to predict number of US Ebola cases
The Boston Globe
November 11, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
CEO risk-taker helps others manage risk at $300M global services powerhouse
San Francisco Business Times
November 07, 2014
RMS CEO Hemant Shah is profiled by San Francisco Business Times for winning Most Admired CEO.
Scientists Try To Predict Number Of US Ebola Cases
The Gleaner
November 05, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists Try to Predict Number of U.S. Ebola Cases
Supply & Demand Chain Executive
November 05, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Latino Post
November 05, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists try to predict number of US Ebola cases
SFGate
November 04, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
RMS: Ebola Tipping Point Could Come in January 2015
Professional Insurance Agents
November 04, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Will the ebola outbreak become a global pandemic?
The Newspaper
November 04, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Predicting the number of U.S. Ebola cases difficult
Digital Journal
November 04, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
South Carolina Approves CAT Models, Weighs Building Public Model
Insurance Journal
November 04, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola and insurance: A complicated mixture
CBS MoneyWatch
November 04, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Stanford Researchers Say 130 U.S. Ebola Cases a “Worst Case Scenario”
Kron 4
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Stanford Doctor Says Every Major City Could See Ebola Cases
CBS Local
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Experts Expect Increase in Ebola Cases in U.S.
Jems
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Summit County Health Department Prepares for Ebola
Park Rag
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Experts, models predict more U.S. Ebola cases
R&D Magazine
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
RMS Catastrophe Models Estimate U.S. Could Experience 15 to 130 New Ebola Cases Before Year’s End
Business Wire
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
How Many Ebola Cases Will Hit the United States?
Sci-Tech Today
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists trying to predict number of US Ebola cases
Casa Grande Dispatch
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
More Ebola Cases in U.S. Predicted
Claims Journal
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Experts, Models Predict More U.S. Ebola Cases
Experts, Models Predict More U.S. Ebola Cases
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola response: Up to 130 U.S. cases projected by year-end
San Francisco Business Times
November 03, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists Predict Maximum of 130 U.S. Ebola Cases By Year's End
Breitbart
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists Try to Predict Number of Ebola Cases in the United States
NBC Philadelphia
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
How Many More US Ebola Cases? Predictions Vary Widely
NewsMaxHealth
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola: Scientists try to predict how bad it can get
Komo News
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists Offer Predictions on U.S. Ebola Cases; RMS Says Worst Case 130
Carrier Management
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists try to predict how many U.S. Ebola cases will emerge
Missourian
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists: Expect more, but not many, Ebola cases
Indianna Gazette
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Intentan predecir casos de ébola en Estados Unidos
La Tercera
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Anticipan más casos de ébola en Estados Unidos
El Nuevo Dia
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Intentan predecir casos de ébola en EEUU
El Nuevo Herald
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Expertos médicos proyectan contagios de casos de ébola en EU
terra
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Number of Ebola cases in U.S. by end of year hard to predict
The Spokesman Review
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
How many Ebola cases should U.S. expect? Experts run models to predict exact numbers
NJ.com
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola: How many U.S. cases? Scientists try to predict the number
West Hawaii Today
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola in the USA: The deadly virus will likely return again and again
news.com.au
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists make predictions on number of U.S. Ebola cases this year
The Denver Post
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola in the U.S.: How bad can it get?
CBS News
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
How bad can Ebola epidemic get?
The Telegraph
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists try to predict number of US Ebola cases, say more cases expected by year's end
Desert News
November 02, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists Try to Predict Number of US Ebola Cases
ABC News
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists try to predict number of U.S .Ebola cases
Houston Chronicle
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Intentan predecir casos de ébola en EEUU
El Vocero Hispano
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola: Scientists try to predict number of US cases
Los Angeles Daily News
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Experts: 130 Ebola cases in U.S. by year end; ‘handful’ in every major city
Liberty Unyielding
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Daily Herald
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists try to predict number of U.S. Ebola cases
Trib Live
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Cientistas tentam prever expansão do Ebola nos EUA
em.com.br
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Here's The Worst-Case Scenario For Ebola In The US
Business Insider
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists predict range of possible Ebola cases in US by end of year, from 2 or 3 to 130
Star Tribune
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Daily Mail
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists try to predict number of U.S. Ebola cases
Detroit Free Press
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists say more Ebola cases should pop up in U.S. ... but how many?
Lubbock Avalanche Journal
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
More U.S. Ebola cases likely, medical experts say
The Seattle Times
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Experts: More Ebola likely in US
San Angelo Standard-Times
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists try to predict number of US Ebola cases
AP
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists predict range of possible Ebola cases in US by end of year, from 2 or 3 to 130
US News
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
How Many New Ebola Cases in U.S. by End of 2014? Experts Weigh In.
The Blaze
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists look at U.S. Ebola case scenarios
The Columbian
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Experts try and guess how bad Ebola could get in U.S.
Newsday
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Experts attempt to predict number of US Ebola cases
Statesboro Herald
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Huge Ebola outbreak unlikely for US
The Press Democrat
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Scientists trying to predict how many Ebola cases will hit U.S.
CTV News
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Ebola scientists trying to predict number of U.S. cases
The Times-Picayune
November 01, 2014
According to RMS modeling, the number of Ebola cases in the US could reach 15-130 by the end of December.
Lessons of a Risk Modeler: RMS CEO Hemant Shah Carrier Management
Carrier Management
October 29, 2014
RMS CEO Hemant Shah sits down with Carrier Management to discuss lessons learned as RMS pioneered catastrophe risk modeling.
How RMS Put Its Catastrophe Modeling Software in the Cloud
CIO
October 27, 2014
RMS talks to CIO about making the transition to the private cloud for security and predictability.
Intelligent Insurer
October 27, 2014
RMS talks to Intelligent Insurer about the next “Big One” and how a worst-case earthquake could devastate the Bay Area economy.
Ebolanomics touted as new business model required for battle against virus
South China Morning Post
October 24, 2014
According to RMS modeling, the Ebola epidemic in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic.
Report: Ebola may become worst global disease outbreak since 1918
San Francisco Business Times
October 24, 2014
According to RMS modeling, the Ebola epidemic in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic.
RMS says Ebola could be most deadly infectious disease since 1918 flu
Insurance Day
October 24, 2014
According to RMS modeling, the Ebola epidemic in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic.
RMS says ebola outbreak will worsen
Catex News
October 24, 2014
According to RMS modeling, the West Africa Ebola outbreak could reach the tipping point in January 2014.
UC says its five medical centers are ready to take Ebola patients
San Francisco Business Times
October 24, 2014
California prepares for potential Ebola cases. According to RMS modeling, the Ebola epidemic in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic.
The Ebola Tipping Point (Photo: Business Wire)
Digital Journal
October 23, 2014
According to RMS modeling, the West Africa Ebola outbreak could reach the tipping point in January 2014.
Fixing 'Ebolanomics' in pursuit of vaccines and drugs
Reuters
October 23, 2014
According to RMS modeling, the Ebola epidemic in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic.
Ebola ‘Tipping Point’ Could Come By Late January: RMS
Carrier Management
October 23, 2014
RMS develops the world’s first probabilistic model of the West Africa Ebola outbreak, which suggests the tipping point will be reached in January 2015.
Business Wire
October 23, 2014
RMS develops the world’s first probabilistic model of the West Africa Ebola outbreak, which suggests the tipping point will be reached in January 2015.
RMS: Ebola Has Potential to be Deadliest Infectious Disease Event in a Century
Worker's Compensation Institute
October 23, 2014
According to RMS modeling, the Ebola epidemic in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic.
Ebola ‘Tipping Point’ Could Come By Late January, Reports RMS
Insurance Journal
October 23, 2014
According to RMS modeling, the West Africa Ebola outbreak could reach the tipping point in January 2014.
Yahoo Finance
October 23, 2014
According to RMS modeling, the Ebola epidemic in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic.
RMS says 7.9-magnitude earthquake on San Andreas fault could cause $200B losses
WRIN TV
October 20, 2014
RMS talks to WRIN TV about the next “Big One" and how a worst-case earthquake could cause commercial and residential property losses surpassing $200 billion.
Earthquake Experts: We Live In Earthquake Country
The Inquisitr
October 19, 2014
Dr. Robert Muir-Wood, chief research officer, and Patricia Grossi, director model product management, field earthquake questions in a Reddit AMA.
25 years after Bay Area Quake, Most Don't Have Earthquake Insurance
MarketWatch
October 17, 2014
RMS research shows the growing risk in the region has earthquake insurance decreases while property values increase.
RMS: next big Frisco quake could be $200bn loss
InsideFAC
October 17, 2014
RMS talks to Inside FAC about the next “Big One" and how a worst-case earthquake could cause commercial and residential property losses surpassing $200 billion.
Why Do So Few California Homeowners Have Earthquake Insurance?
NBC Bay Area
October 17, 2014
RMS research shows the growing risk in the region has earthquake insurance decreases while property values increase.
Comments on Hurricane Gonzalo and storm surge
Reinsurance Magazine
October 17, 2014
Brian Owens, director, model product strategy, discusses Hurricane Gonzalo and the storm surge it may generate before hitting Bermuda.
The Next Big One Is Coming—Ready or Not
San Francisco Magazine
October 17, 2014
25 years after Loma Prieta, the San Francisco Bay Area has made significant improvements to infrastructure, but there is still a lot of work to do to be fully resilient.
How terror-proof is your economy?
Nature
October 15, 2014
RMS and The Wharton Risk Management Center’s ‘TRIA after 2014’ study can help develop a financial safety net for economies.
Hurricane Gonzalo now a Category 3 storm, severe threat to Bermuda
Artemis
October 15, 2014
RMS tells Artemis about the possible dangerous storm surge to Bermuda generated by Hurricane Gonzalo.
Big Quake in San Francisco Could Cause $200B in Losses: RMS
Claims Journal
October 15, 2014
RMS talks to Claims Journal about the next “Big One" and how a worst-case earthquake could cause commercial and residential property losses surpassing $200 billion.
San Francisco ‘big one’ could cost insurers $25bn
InsuranceERM
October 15, 2014
RMS talks to InsuranceERM about the next “Big One" and how a worst-case earthquake could cause commercial and residential property losses surpassing $200 billion.
San Francisco unprepared for earthquakes
Reactions
October 15, 2014
RMS research shows the growing risk in the region has earthquake insurance decreases while property values increase.
Quake on California's Hayward fault 'could produce $25 billion in insured losses,' RMS warns
Canadian Underwriter
October 14, 2014
RMS talks to Canadian Underwriter about the next “Big One" and how a worst-case earthquake could cause commercial and residential property losses surpassing $200 billion.
RMS study: "Big One" could devastate Bay Area economy, cause $200 billion in insured losses
San Francisco Business Times
October 13, 2014
RMS talks to San Francisco Business Times about the next “Big One” and how a worst-case earthquake could devastate the Bay Area economy.
25 years after Loma Prieta: Bay Area infrastructure is safer, but we're still on shaky ground
San Jose Mercury News
October 13, 2014
Patricia Grossi, earthquake expert and senior director, model product management at RMS tells San Jose Mercury News that 25 years after the Loma Prieta earthquake, Bay Area infrastructure is more resilient, but more can still be done.
RMS: ‘Big One’ in Northern California Could Cause $200B in Losses
Insurance Journal
October 13, 2014
RMS talks to Insurance Journal about the next “Big One" and how a worst-case earthquake could cause commercial and residential property losses surpassing $200 billion.
Earthquake cover take-up drops despite soaring property values in San Francisco Bay
Insurance Day
October 13, 2014
RMS research shows the growing risk in the region has earthquake insurance decreases while property values increase.
San Francisco Quake Risk Rises Amid Dearth of Insurance
Bloomberg
October 13, 2014
RMS talks to Bloomberg about the growing earthquake risk in the San Francisco Bay Area and the low insurance penetration in the region.
25 Years After the Loma Prieta Earthquake, Are We Safer?
KQED Science
October 13, 2014
25 years after Loma Prieta, the San Francisco Bay Area has made significant improvements to infrastructure, but there is still a lot of work to do to be fully resilient.
Catastrophe Models for the 21st Century
Insurance ERM
October 02, 2014
Andrew Coburn, SVP, discusses the interconnectivity of financial risk and how catastrophe modeling methodologies can be applied to model financial risk contagion.
Best Risk Modelling Services Provider winner: RMS
Intelligent Insurer
September 29, 2014
RMS wins “Best Risk Modelling Services Provider” at the Intelligent Insurer Awards 2014, receiving praise for its responsiveness and ability to always stay ahead of the game.
RMS, 100 Resilient Cities Partner To Quantify, Manage Natural Hazard Risks
Canadian Underwriter
September 26, 2014
Paul VanderMarck, chief products officer, discusses how the city of San Francisco will use RMS technology and catastrophe models to quantify its earthquake risk and increase its resilience to future catastrophic events.
Cities Around the Globe Aim to Quantify Their Disaster Risks
Artemis
September 24, 2014
RMS will enable cities in the 100RC Network to access its technology and catastrophe models to empower the cities to make well-informed decisions about managing and mitigating natural hazard risk.
Western jihadists and risk brought home
Asia Times Online
September 24, 2014
Weimeng Yeo, principal modeler, model development, writes about the risk Western jihadists pose in their homelands.
Catastrophe modeler RMS giving cities free access to technology
Business Insurance
September 23, 2014
RMS announces the partnership with 100 Resilient Cities, pioneered by the Rockefeller Foundation, to provide global cities access to RMS(one) exposure and risk management platform and catastrophe models to better understand risk and promote resilience.
RMS to donate up to $25M to help San Francisco, global cities prepare for disasters
San Francisco Business Times
September 22, 2014
RMS announces the partnership with 100 Resilient Cities, pioneered by the Rockefeller Foundation, to provide global cities access to RMS(one) exposure and risk management platform and catastrophe models to better understand risk and promote resilience.
MultiCat Mexico 2012 Cat Bond Payout Not Guaranteed Yet
Artemis
September 18, 2014
RMS looks at the calculation process and trigger of the MultiCat Mexico 2012 cat bond.
Hurricane Odile Will Hit U.S. Carriers
Intelligent Insurer
September 17, 2014
Dr Robert Muir-Wood, chief research officer, discusses the potential losses from by Hurricane Odile.
Windstorm Model To Play Vital Solvency II Role: RMS
Insurance Insider
September 17, 2014
Brian Owens, director, model product strategy, discusses how enhancements to the RMS Europe Windstorm Model will be invaluable to (re)insurers needing to validate their models under Solvency II.
RMS To Launch ‘Mega-Tsunami’ Catalogue
Insurance Insider
September 16, 2014
Dr Robert Muir-Wood, chief research officer, discusses the new RMS Global Tsunami Scenario Catalog, which tracks mega-tsunamis triggered by earthquakes ranging from magnitude 8.0 to 9.5, including earthquakes that could occur on dormant plate boundaries.
Insured Losses from Napa Quake Won’t Exceed $250 – RMS
Insurance Innovation Reporter
September 03, 2014
RMS reconnaissance teams found that damage caused by the South Napa earthquake is consistent with damage expected from a Mw6.0 moderate magnitude event.
RMS Says Napa Earthquake Insured Losses Won’t Exceed $250m
Artemis
September 03, 2014
RMS says an insured loss of $250m is in-line with the observed damage patterns and the low-level of earthquake penetration in the affected region.
UPDATED: Napa Earthquake: RMS provides low-ball estimate for damage
San Francisco Business Times
September 03, 2014
RMS talks to San Francisco Business Times about the damage caused by the South Napa earthquake and explains the data collection process prior to issuing loss estimates.
RMS: Napa Valley Quake Insured Losses Won’t Surpass $250M
Carrier Management
September 02, 2014
RMS provides a timely report on the likely range of insured losses from the South Napa earthquake.
Insured losses from Napa quake won’t top $250 million, RMS says
SF Gate
September 02, 2014
RMS talks to SFGate about the damage caused by the South Napa earthquake and explains the data collection process prior to issuing loss estimates.
Northern California quake damage estimates vary widely
SF Gate
September 02, 2014
RMS talks to SFGate about the damage caused by the South Napa earthquake and explains the data collection process prior to issuing loss estimates.
Insider Quarterly
September 01, 2014
Stephen Moss, director, capital markets, discusses why investors should consider engaging catastrophe modeling firms to help them understand the risks they are taking on when investing in bonds.
For many Californians, cost of earthquake insurance outweighs the risks
The Raw Story
August 28, 2014
Patricia Grossi, earthquake expert and senior director, model product management at RMS discusses the how take-up of earthquake insurance has dropped off since the Northridge earthquake in 2004.
For Many Californians, Cost Of Earthquake Insurance Outweighs The Risks
Business Insider
August 28, 2014
Patricia Grossi, earthquake expert and senior director, model product management at RMS discusses the how take-up of earthquake insurance has dropped off since the Northridge earthquake in 2004.
RMS Updates Terrorism Risk Model
A.M. Best Radio
August 28, 2014
Chris Folkman, director, model product management, discusses the enhancements to the RMS terrorism model, which reflect recent changes in the terrorism risk landscape.
For many Californians, cost of earthquake insurance outweighs the risks
Reuters
August 28, 2014
Patricia Grossi, earthquake expert and senior director, model product management at RMS discusses the how take-up of earthquake insurance has dropped off since the Northridge earthquake in 2004.
Napa earthquake: Wineries open, catastrophe experts descend on quake zone
The Royal Gazette
August 28, 2014
RMS engineers and geophysicists examine the damage caused by the South Napa earthquake.
CenturyLink opens new data center in Toronto area
Shreve Port Times
August 27, 2014
Paris Georgallis, senior vice president, cloud platform operations, describes how RMS clients will benefit RMS’ partnership with CenturyLink.
Insurers may face $1.5b payout for Napa quake
The Royal Gazette
August 27, 2014
Dr Patricia Grossi, earthquake expert and senior director of model product management, explains the damage caused by the South Napa earthquake.
Catastrophe-modeling firms view Northern California quake damage
SFGate
August 27, 2014
RMS talks to SFGate about the damage caused by the South Napa earthquake.
Napa remains at risk of aftershocks following earthquake
Continuity Insurance and Risk
August 26, 2014
The earthquake that shook Napa, California in the early morning on Sunday caused significant non-structural and contents damage throughout the region according to RMS. Repercussions for local businesses, particularly wineries, hit by the earthquake will become clearer over the coming days.
RMS works to reduce uncertainty in China typhoon risk model
Artemis
August 26, 2014
A technical collaboration between RMS and China Re P&C has provided RMS with deeper insight into China’s typhoon risk and helped to reduce the uncertainty in the RMS China Typhoon model.
The Rising Challenge of Measuring and Managing Longevity Risk
Institutional Investor
August 25, 2014
Peter Nakada, managing director, capital markets, discusses catastrophic longevity risk and RMS' mission to build a longevity risk model that projects life expectancy for a given population.
RMS economic exposure data shows risk transfer potential in Asia
Artemis
August 22, 2014
RMS announces the release of its new Economic Exposure Database and Industrial Clusters Catalogs for the Philippines, South Korea, Taiwan, Thailand and Vietnam. The new datasets will enable insurers, reinsurers and ILS managers to develop a much more comprehensive view of risk across Asia.
Study Suggests Ebola Unlikely to Become Global Pandemic
Newsweek
August 22, 2014
RMS discusses why the Ebola virus, which has so far claimed as many as 1350 lives in West Africa, is unlikely to become a global pandemic.
RMS revises UK terrorism risk models
Continuity Insurance and Risk
August 21, 2014
Chris Folkman, director, model product management at RMS discusses the enhancements to the updated RMS probabilistic terrorism model.
New RMS Terrorism Model Accounts For Fewer Risks in Many Locales
Carrier Management
August 21, 2014
The updated RMS model shows a 15 to 35 percent reduction in the overall attack frequency of large-scale events for Copenhagen, Dublin, London, Milan, Montreal, Toronto, Rome and Vatican City says Chris Folkman, director, model product management at RMS.
Intelligent Insurer
August 21, 2014
Chris Folkman, director, model product management at RMS discusses the enhancements made to the RMS terrorism model to reflect the current trends in terrorism.
Canadian cities see reduction in large-scale event attack frequency: RMS terrorism model
Canadian Underwriter
August 21, 2014
Chris Folkman, director, model product management at RMS discusses RMS’ new views of risk for terrorism.
Exposure datasets reveal risk growth in the Philippines, South Korea, Taiwan, Thailand and Vietnam
Strategic Risk
August 20, 2014
Neena Saith, director, model product strategy, comments on the increasing growth of industrial clusters in Asia that have led to major concentrations of risk and how new exposure datasets developed by RMS will help insurers to manage their exposures in Asia.
16 US States at High Earthquake Risk
Lloyd's
August 14, 2014
Patricia Grossi, senior director, model product management at RMS, comments on the updated U.S. Geological Survey (USGS) hazard maps, which are likely to change the earthquake models used by the insurance industry to manage its exposures and price risk.
Risk & Insurance
August 04, 2014
RMS has modeled a fictitious yet possible black swan scenario in which a nuclear reactor melts down due to a powerful tornado and deadly contamination rains down on Texas.
Global Reinsurance
August 04, 2014
Paul Burgess, senior director, client development, is interviewed about the opening of the new RMS office in Singapore and the announcement that governments will have free access to RMS(one), the company’s real-time exposure and risk management open platform.
The Future: Finding the Known Unknowns
The Telegraph Business Reporter
August 03, 2014
Matthew Grant, head of client development, discusses how powerful technological advances in modelling are making it easier for analysts to run more and better analyses to understand risk, but might be increasing the temptation to ignore “known unknowns”, missing information that could impact risk analyses.
RMS opens Arms’ to Regional Competitors
Strategic Risk
July 31, 2014
Paul Burgess, senior director, client development, discusses RMS’ new Singapore hub, which has added to the company’s APAC presence in Beijing, Delhi and Tokyo.
Strengthening Quake Preparedness
Canadian Underwriter
July 31, 2014
Justin Moresco, manager, model product management, discusses how the new guidelines from the Office of the Superintendent of Financial Institutions will require property and casualty insurers operating in Canada to consider their exposure across the entire country. However, the guidelines do not consider earthquake risk from a fully probabilistic perspective, which could have implications for some insurers.
Typhoon Rammasun Destroyed 37,000 Homes in China: RMS
Claims Journal
July 23, 2014
RMS reports that on Friday, July 19 Super Typhoon Rammasun, one of the strongest to hit southeast China in recent years, made three landfalls in the provinces of Hainan, Guangdong, and Guangxi, bringing strong winds, heavy rain, and storm surge to some coastal areas with close to 300,000 buildings damaged in the affected countries.
Three Questions with RMS' Paris Georgallis
CenturyLink Blog
July 22, 2014
Paris Georgallis, senior vice president, cloud platform operations at RMS speaks about the technology trends and industry dynamics driving the company's decision to host its platform in the cloud.
Big Data Report Threat #4: Terrorist Attacks
Lloyd’s Market Report
July 21, 2014
Terrorist attacks present a number of major problems for insurers, particularly in regard to probabilistic modelling and risk accumulation. Chris Folkman, director, model product management at RMS, discusses a recent white paper from RMS that reveals that its models for terror attacks are plugged into simulations of over 90,000 possible large-scale attacks against 9,800 different targets worldwide.
Big Data Report Threat #1: Pandemics
Lloyd’s Market Report
July 21, 2014
Transmissibility and virulence are the two key factors in modelling a pandemic, and big data is providing new insights into both of these. Dr Andrew Coburn, senior vice president, LifeRisks at RMS, discusses how big data may offer a much better idea of infection rates.
RMS: Hurricane Arthur Losses Will Not Exceed $250 Million
Insurance Networking News
July 21, 2014
RMS estimates that insured losses from Hurricane Arthur will not exceed $250 million from wind and coastal flooding. The expected loss covers damages to residential, commercial and industrial properties; automobile and watercraft lines of business; and business interruption resulting from power outages or damage to property.
Catastrophe Bonds Are on Track for a Record Year
Business Insurance
July 20, 2014
A record $4.5 billion in catastrophe bonds issued in the second quarter of this year shows the alternative risk transfer method is maturing amid strong investor demand and limited losses. Interest in the catastrophe bond market is strong from both investor and sponsor sides, said Ben Brookes, vice president of capital at RMS.
Insured Losses From Hurricane Arthur Will Not Exceed $250M: RMS
Carrier Management
July 20, 2014
Insured losses from Hurricane Arthur—the first hurricane to make landfall in the U.S. since 2012’s Hurricane Sandy—will not exceed $250 million from wind and coastal flooding, according to catastrophe modeler RMS.
Hurricane Arthur insured losses to stay below $250M: RMS
Business Insurance
July 18, 2014
Catastrophe modeling firm RMS said on Friday that it estimates that insured losses from Hurricane Arthur will not exceed $250 million. RMS said the losses from Arthur, which made landfall on the southern end of North Carolina's Outer Banks on July 3, were primarily to residential structures.
Insured Losses From Hurricane Arthur Below $250 Million: RMS
Insurance Journal
July 18, 2014
Insured losses from Hurricane Arthur will not exceed $250 million from wind and coastal flooding, catastrophe risk modeling from RMS said. Inland flooding losses are expected to be a minimal proportion of the total insurance industry loss, as the areas affected are primarily residential.
Hurricane Arthur: Unique in Some Ways, but Not a Big Loss Generator
PropertyCasualty 360
July 18, 2014
Hurricane Arthur, the first tropical cyclone of the Atlantic Hurricane Season and the first hurricane to make U.S. landfall since Sandy in 2012, is not expected to produce losses exceeding $250 million from wind and coastal flooding, RMS says.
Hurricane Arthur Losses Will Not Exceed $250 Million: RMS
Claims Journal
July 18, 2014
RMS estimates that insured losses from Hurricane Arthur will not exceed $250 million from wind and coastal flooding. The expected loss covers damages to residential, commercial and industrial properties, automobiles, watercraft and business interruption resulting from power outages or damage to property.
Insured Losses from Hurricane Arthur Won't Exceed $250 Million
Canadian Underwriter
July 18, 2014
Insured losses from Hurricane Arthur, which struck the United States and Canada earlier this month, are not expected to be above $250 million from wind and coastal flooding, catastrophe modeling firm RMS has reported.
Hurricane Arthur Insured Losses Not Expected to Exceed $250m: RMS
Artemis
July 18, 2014
RMS said this morning that it estimates that the insured losses from recent hurricane Arthur, the first of the U.S. season, will not exceed $250m from wind damage and coastal flooding.
The Telegraph Business Reporter
July 17, 2014
Andrew Coburn, senior vice president of Life Risks at RMS, discusses the changes that big data will bring to risk management and how risk managers need to develop tools that will allow them to interpret vast amounts of information.
Asia Insurance Review
July 15, 2014
Robert Muir-Wood, chief research officer at RMS, comments on public-private partnerships (PPP) in Asia as a catastrophe risk management and financing solution.
Asia Insurance Review
July 15, 2014
Nikki Chambers, hazards scientist at RMS, comments on the heavy rains that caused landslides and flash floods in the western and central parts of Sri Lanka in early June.
Dr. Muir-Wood on Global Catastrophe Resilience
Re360
July 08, 2014
Dr. Robert Muir-Wood, chief research officer at RMS, discusses the company’s new partnership with UNISDR and the World Bank, which is giving governments free access to its modeling technology to strengthen their understanding of catastrophe risk, enabling them to make informed decisions about risk finance and mitigation.
Where Disasters Hit Us Hardest [Infographic]
Popular Science
July 08, 2014
RMS has been developing the most comprehensive catastrophe risk map of its kind since the early 1990s. The result is a single scale that reveals the scope of vulnerability of U.S. cities, showing most are at risk for natural catastrophes.
Reinsurance Asia
July 07, 2014
Last year’s natural catastrophe events in Asia, notably Haiyan, highlighted the level of exposures and the low level of insurance penetration levels. Neena Saith, director, business solutions at RMS discusses how the use of catastrophe models is crucial to better understanding regional risks.
Governments Will Gain Free Access to RMS Cat Modeling Technology
Carrier Management
July 06, 2014
RMS has said it will give governments free access to its new catastrophe modeling software program through a new initiative with The World Bank and United Nations. A particular goal here is to increase the use of the technology in the developing world.
RMS Plans to Give Governments Access to Multi-Peril Risk Modeling Tool
Canadian Underwriter
July 04, 2014
RMS recently announced it plans to partner with the United Nations Office for Disaster Risk Reduction to offer governments access to its RMS(one) catastrophe modelling product.
RMS Partners with UN and World Bank
Intelligent Insurer
July 02, 2014
RMS has partnered with the United Nations and the World Bank to offer its catastrophe modelling tool to governments for free.
The Fundamentals of Longevity Risk
The Journal of Alternative Investments
June 30, 2014
RMS provides context to longevity risk statistics of interest, namely life expectancy and mortality improvement, by discussing various causes of death and how societal and technological advances (such as sanitation and penicillin) have impacted these measures, as well as how they differ between countries. From a financial aspect, this article addresses how these indicators impact annuities and relate to other assets, such as the stock market.
Climate Change Report Sounds Alarm Bells for Ag
Farm Futures
June 27, 2014
The Risky Business Report, in partnership with RMS, examines how climate change will impact five key sectors: agriculture, energy, coastal infrastructure, labor productivity and public health. The project looks at risks to the U.S. if the country continues on its current path with no new national policy or global action to mitigate climate change and an absence of investments aimed at "improving our resilience to future climate impacts."
Rising Temperatures, Seas Seen Costing US Billions
CNBC
June 27, 2014
Ignoring the effects of climate change will cost the U.S. economy billions of dollars, with a large part of that loss connected to farms that struggle to adapt and coastal lands flooded by the oceans, according to the Risky Business Report, which is based on RMS analytics.
Money Men Tally Cost of Climate Change
Knoxville News Sentinel
June 26, 2014
The Risky Business Report, supported by RMS analytics, warns that with immediate action, most of the worst impacts of climate change can be avoided.
The Economic Threat of Climate Change: 'Business-as-Usual Is Actually Radical Risk-Taking'
GreenTech Media
June 26, 2014
RMS was commissioned to help build a landmark climate change report written by economics and finance experts that looks at the severe consequences of climate inaction.
Here's a Huge Dose of Climate Reality From Bipartisan Business Leaders
Mashable
June 25, 2014
The Risky Business report warns of disastrous economic consequences if manmade global warming is not addressed in the near future. With the help of RMS, the report found that extreme heat and sea level rise will threaten human health and put up to $3.5 billion in property in jeopardy by 2030.
Economic Cost of Climate Change Projected to Grow, ILS has Role to Play
Artemis
June 25, 2014
A new report titled ‘Risky Business’ that focuses on the need for U.S. companies to treat climate change as any other business threat has been released, warning that climate change will cost businesses billions. The Risky Business Initiative announced a partnership with RMS in April 2014.
Climate Change Will Cost the U.S. Hundreds of Billions, Report Warns
Waterloo Record
June 24, 2014
RMS has contributed to a report published by the Risky Business Project warns businesses of the effects of climate change, which is expected to exact enormous costs on U.S. regional economies.
Climate Change to Cost Money, Lives
The Star Phoenix
June 24, 2014
RMS provided the analytics used in the climate change report issued by the Risky Business Project, which is chaired by former New York City mayor Michael Bloomberg, former treasury secretary Henry Paulson and Thomas Steyer, a former hedge-fund manager.
Money Men Tally Cost of Climate Change
The Bellingham Herald
June 24, 2014
Lost property, reduced industrial output and more deaths are likely to be caused by climate change, according to the Risky Business report, which is backed by RMS analytics.
Money Men Tally Cost of Climate Change
San Francisco Gate
June 24, 2014
RMS analytics are at the base of the Risky Business report, designed to encourage businesses to factor in the cost of climate change in their long-term decisions and to push for reductions in emissions blamed for heating the planet.
The Durango Herald
June 24, 2014
Climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and more deaths, according to the Risky Business report, which is based on RMS studies
Albany Times Union
June 24, 2014
The Risky Business Report, in partnership with RMS, warns businesses to factor in the cost of climate change in their long-term decisions and to push for reductions in emissions blamed for heating the planet.
Climate Warning from a New Corner
Herald News
June 24, 2014
The Risky Business report warns that climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and more deaths. RMS’ analysis and calculations were used for the report.
Global Warming's Outrageous Price Tag: Why Rising Temps Will Cost the U.S. Billions
Salon
June 24, 2014
Put together with the help of RMS, the Risky Business Report warns that rising heat will be matched only by rising sea levels in threat posed to the U.S. economy if climate change continues on pace.
Money Men Tally Cost of Climate Change
The Miami Herald
June 24, 2014
The Risky Business report, for which RMS provided analytics, predicts that climate change could cause between $66 billion and $106 billion in coastal property to be below sea level by 2050, labor productivity of outdoor workers to be reduced by 3 percent, and demand for electricity to power air conditioners to cost electricity customers up to $12 billion per year.
'Risky Business' Report from Steyer, Allies Puts Climate Costs at Many Billions of Dollars Annually
Environment & Energy Publishing
June 24, 2014
Climate change-induced disasters including sea-level rise, extreme heat and crop losses will cost the country several billion dollars annually in the decades ahead, according to the Risky Business Report.
Climate Change Presents Risk to US Business
WebProNews
June 24, 2014
RMS conducted the study for the Risky Business Report, a nonpartisan study released by leading economic and environmental figures that assesses the monetary threat that climate change proposes to business in the United States.
Risky Business Project Tallies Cost of Climate Change
Telegram.com
June 24, 2014
RMS is a participant in the Risky Business report, which analyzes the impacts of climate change by region to better show how climate change affects the businesses and industries that drive each region's economy.
Global Warming to Disrupt US Economy by Mid-Century, Report Finds (+video)
The Christian Science Monitor
June 24, 2014
Costs of economic disruption from global warming are likely to total hundreds of billions of dollars by 2050, a new risk assessment finds. The bipartisan report, for which RMS conducted the risk assessment, tallies losses to four sectors of the US economy.
Climate Change Will Cost Big Business Dearly, Report Warns
CBC News
June 24, 2014
According to a report published by the Risky Business Project, of which RMS is a partner, American industry needs to start factoring weather and environmental-related losses into the cost of doing business, and take tangible steps toward reducing carbon emissions.
Hank Paulson, Mike Bloomberg, and Tom Steyer Walk into a Bar and Agree on This One Thing
Fortune
June 24, 2014
Their joint project on the economic risks of climate change is a bold attempt to galvanize business people and investors. Don’t want to pay attention to climate change? That’s going to cost you.
Money Men Bloomberg, Steyer and Paulson Tally Costs of Climate Change in New Report
The Huffington Post
June 24, 2014
RMS is a contributor to the Risky Business Report, which aims to convince businesses to factor in the cost of climate change in their long-term decisions and to push for reductions in emissions blamed for heating the planet.
Climate Change's Risk to Economy Assessed by Bipartisan Report
Investing.com
June 24, 2014
Global warming if unchecked could ruin businesses from tourism to construction, according to a report, Risky Business, released Tuesday by slew of politicians and economic figures from left, right and center political leanings, including former New York Mayor Michael Bloomberg, hedge-fund billionaire environmentalist Tom Steyer and former Treasury Secretary Henry Paulson.
Business Experts Back Report on Cost to Regional Economies From Climate Change
Canadian Underwriter
June 24, 2014
According to the Risky Business report, for which RMS provided analytics, climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and an increase in the number of deaths.
Paulson to Visit White House to Talk Financial Risks of Climate Change
The Hill
June 24, 2014
Following the release of the Risky Business report, of which RMS was a contributor, Former Treasury Secretary Hank Paulson is to discuss the financial risks of climate change in a White House meeting with senior administration officials including Treasury Secretary Jack Lew.
Landmark Report Weighs "Risky Business" of Climate Inaction
GreenBiz
June 24, 2014
A group of influential climate policy advocates has just published a landmark assessment of the economics of climate change risk to the United States.
Money Men Tally Cost of Climate Change
ABC News
June 24, 2014
Climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and more deaths, according to the Risky Business Report, for which RMS provided analytics.
Climate Change's Risk to Economy Assessed by Bipartisan Report
International Business Times
June 24, 2014
Using RMS analytics, the Risky Business report concludes that rising sea levels, storms and hurricanes could raise the cost of coastal damage along the East Coast and the Gulf of Mexico by $35 billion over the next 15 years.
Former Treasury Secretaries, Financial Leaders Press Business to Cut Climate-Change Risks
The Washington Post
June 24, 2014
RMS has provided the analysis of the likely impacts climate change will have on coastal infrastructure and related assets for the Risky Business report, which was commissioned by Michael Bloomberg, Henry Paulson and Tom Steyer.
'Risky Business' Report Aims to Frame Climate Change as Economic Issue
The Wall Street Journal
June 23, 2014
Paulson, Bloomberg and Steyer Team Up on Study Arguing U.S. Companies Should Treat Climate Change as Any Other Business Threat
RMS Adopts Open Platform Strategy for Risk Management SaaS, Unveils Commercial Partners
Programmable Web
June 23, 2014
RMS, a global catastrophe risk modeling company, recently announced the first commercial partners that are building applications for its RMS(one) exposure and risk management platform.
Insurers Weigh Long-Term Bonds To Hedge Against Climate Change Risks
Advisen
June 19, 2014
The insurance and risk modeling industries are considering issuing "long-term climate change bonds" that would allow insurers and others to hedge against damage from sea-level rise, changing precipitation patterns and other physical risks posed by climate change, a move that would bring the finance sector into the debate over how to address the issue.
Aggregate Cat Bonds: The Model Variations
Trading Risk
June 16, 2014
In this special report, RMS took part in a theoretical exercise to study the range of potential outcomes from cascading annual aggregate cat bonds.
Perspectives – Dr Robert Muir-Wood, Chief Research Officer of RMS
InsuranceLinked
June 16, 2014
Robert Muir-Wood, RMS' chief research officer, speaks about the latest advances in storm surge models and why it is crucial for reinsurers and insurance-linked securities investors to ensure that they fully understand the potential impact of storm surge on the risk that they are asuming.
Catastrophe Specialist Sets Sights on Australia
Insurance & Risk Professional
June 11, 2014
RMS has opened a Singapore office—joining existing presences in Delhi, Beijing, and Tokyo—set to be headed by senior director of client development, Paul Burgess.
Cat Model Firm RMS Adds Singapore Office to Expand in Asia-Pacific
Canadian Underwriter
June 11, 2014
RMS is stepping up its presence in the Asia-Pacific market with a new office in Singapore. The office is the newest addition to RMS' other Asia-Pacific locations, which include Delhi, Beijing and Tokyo.
RMS Targets Asia Growth with Singapore Office
Intelligent Insurer
June 10, 2014
RMS has expanded its Asia Pacific presence with a new Singapore office. Led by Paul Burgess, senior director of client development, it will serve existing Singapore-based clients as well as new clients and partners.
Hail Losses No Longer Attritional, Hail Reinsurance Recomended: RMS
Artemis
June 09, 2014
Insurance industry losses from hail storms and extreme hail events are rising, with recent storms showing that hail should no longer be considered just an attritional loss causing peril, according to Matthew Nielsen, director, model product management at RMS.
P/C Carriers Could Counter Hailstorms With More Reinsurance: RMS
Carrier Management
June 06, 2014
In a statement released by RMS, Matthew Nielsen, director, model product management, says that hailstorms are no longer an attritional peril and are much more widespread than they used to be. Property/casualty insurers could benefit from adding reinsurance for these threats.
Monsoon Rain Causing Flashfloods and Landslides in Sri Lanka: RMS
Claims Journal
June 06, 2014
According to Nikki Chambers, hazards scientist at RMS, this week’s heavy summer monsoon rain has caused flash flooding and landslides in western and central parts of Sri Lanka. This event has damaged homes, affected an estimated 100,000 people, and displaced over 27,000 people.
The Week in Severe Weather: It's Hail Season
PropertyCasualty360
June 06, 2014
According to Matthew Nielsen, director, model product management at RMS, hail is no longer an "attritional peril," and insurers would be wise to make sure they're covered in case of widespread, individual events, like those seen across the Midwest this week.
Canadian Underwriter
June 06, 2014
Catastrophe modeling firm RMS warns that hail is causing considerable losses in the United States and Canada and that insurers should be considering reinsurance for such storm events.
An Interview with Peter Nakada of RMS
Annuity Digest
June 03, 2014
Peter Nakada, managing director, capital markets at RMS discusses longevity risk, structural modeling and the RMS LifeRisks model.
Hypothetical Scenarios of Cybersecurity Catastrophes Might Aid Insurance Companies
Bloomberg BNA
May 27, 2014
Speaking at the Cyber Risks and Opportunities conference in London, Dr. Andrew Coburn, RMS vice president, LifeRisks, said that assessing the risks of hypothetical cybersecurity catastrophes might help insurers determine what assets of a company are at risk. He added that a systemic cyberattack could cause nearly as much damage to the global economy as the systemic banking collapse did in 2007.
Pension Funds Recommend Diversification in ILS as Rates Fall
Investment & Pensions Europe
May 23, 2014
Speaking at the inaugural Securis ILS Investor Meeting at Llloyd’s in London on 22 May, pension fund investors in insurance linked securities (ILS) expressed some concern over falling re-insurance rates and emphasized the importance of diversifying ILS exposure to mitigate the risks. Ben Brookes, RMS vice president, risk markets, noted that none of the events modeled by RMS would take up more than 60% of the capital available.
Science of Risk: Insight Into Tomorrow's World
Lloyd's News and Insight
May 20, 2014
Natural catastrophes remain the biggest contributor to insurance claims globally. Hazards such as windstorm and earthquake in markets such as the US, Europe, and Japan are relatively well understood and modelled. But in less mature insurance markets, the impact of natural catastrophes is not as well understood. Claire Souch, RMS senior vice president, business solutions, notes that non-modelled risks are growing rapidly and managing them is a high-priority concern for re/insurers.
Canadian Underwriter
May 15, 2014
In an article included in Lloyd's Catastrophe Modelling and Climate Change report, Dr. Paul Wilson, RMS senior director, model development warns that high and low frequency hurricane periods "can persist for decades," noting that "debate still exists as to the driving mechanism behind such variability."
Catastrophe Modeling and Climate Change
Lloyd's News and Insight
May 08, 2014
In an article written for the Lloyd's report on the impact of climate change on current catastrophe models, Dr. Paul Wilson, senior director, modeling, notes that Superstorm Sandy's surge losses were 30% higher than they might otherwise have been due to a rise in sea level related to climate change.
Keying Climate Change into Catastrophe Models
Lloyd's News and Insight
May 08, 2014
A new report from Lloyd’s highlights the importance of ensuring that catastrophe modeling tools keep pace with the effects of climate change. RMS notes a decrease in the return period of a Sandy level event recurrence between 1950 and 2012 due to global sea-level rises.
San Francisco Business Times
May 02, 2014
Hemant Shah, co-founder and CEO, outlines the strategic transformation of RMS and the company's guiding principle, noting that its mission is to make the world a safer and more resilient place.
Institutional Deal of the Year
Structured Products (Risk.net)
May 01, 2014
RMS is cited as the risk modeler for the Aegon, Societe Generale longevity risk transaction, which has been named Institutional Deal of the Year by Structured Products Magazine.
Generali's Lion I Re Catastrophe Bond Sees Five Firsts for the Market
Artemis
April 29, 2014
The issuance of Assicurazioni Generali S.p.A.'s first catastrophe bond Lion I Re Limited saw five new firsts for the cat bond market, including being the first European windstorm indemnity cat bond transaction to take advantage of using a third-party risk modeler, RMS, for risk analysis. The successful completion of this transaction could help to open the cat bond market to more sponsors in the future.
FEMA Flood Maps Got an Update Following Sandy, But They are Still Limited
World Risk and Insurance News
April 24, 2014
WRIN.tv speaks with Brian Owens, senior director, business solutions at RMS, about Hurricane Sandy and FEMA’s flood risk management initiatives, during the Exceedance 2014 Conference.
80% of Earthquakes Happen Along Circum-Pacific Coastline; Sub-Perils Drive Losses
World Risk and Insurance News
April 23, 2014
Earthquake activity poses particular challenges for underwriters. Patricia Grossi, senior director, model product management at RMS speaks with WRIN.tv at Exceedance 2014 to discuss current approaches.
Insurance-Linked Securities are Among Best Kept Investment Secrets
World Risk and Insurance News
April 22, 2014
WRIN.tv spoke with Peter Nakada, managing director, capital markets, about the role of capital markets in traditional insurance, and why insurance-linked securities (ILS) and reinsurance as an asset class, are among the best kept investment secrets.
Sea Surface Temps a Cause for Concern for West Pacific Typhoon Season
World Risk and Insurance News
April 21, 2014
WRIN.tv spoke with Neena Saith, director, business solutions at RMS about typhoon risk for the West Pacific region. The West Pacific Typhoon season runs all year, but its peak is from July to October. Already, five named storms have occurred, the number is usually two. A developing El Nino may impact activity in the season as it has been correlated in the past with active seasons.
Open Modeling Helping to Satisfy ERM and Regulatory Requirements in Asia Pacific
World Risk and Insurance News
April 21, 2014
WRIN.tv spoke with Paul VanderMarck, chief products officer at RMS, and John McAneney, managing director of Risk Frontiers, during the Exceedance 2014 Conference, about the challenges of risk modeling in the Asia Pacific region and how partnering on model delivery can benefit customers.
World Risk and Insurance News
April 18, 2014
In WRIN.tv's continuing coverage of the Exceedance 2014 Conference, Matthew Nielsen, RMS director, model product management, discusses severe storm risks and new thinking needed by underwriters.
Boston Attacks Mark Major Shift in Who’s Buying Terror Insurance
Bloomberg
April 17, 2014
Tightened security and global surveillance make large-scale attacks less likely, said Gordon Woo, catastrophist at RMS. And while plots involving a lone wolf, or a pair like the Tsarnaev brothers accused in Boston, have the best chance of succeeding, they are also unlikely to cause large insurance payouts, he said.
Past Data is Not the Only Key to Climate Risk Modeling
World Risk and Insurance News
April 17, 2014
WRIN.tv continues its conversation with Dr. Robert Muir-Wood, RMS chief research officer, on climate change and the future of risk modeling, at the Exceedance 2014 Conference.
TRIA is Not a Permanent Solution…the Terror Threat Landscape Will Never Fully Go Away
World Risk and Insurance News
April 17, 2014
With Congress expected to extend the Terror Risk Insurance Act (TRIA), WRIN.tv spoke with Chris Folkman, director, model product management at RMS, about the magnitude of terror risk that concern insurers, changes to TRIA, alternative market involvement, and the future.
"Water is the New Wind" in Hurricane Risk
World Risk and Insurance News
April 16, 2014
WRIN.tv speaks with Robert Muir-Wood, RMS chief research officer, at the Exceedance 2014 Conference. Dr. Muir-Wood discusses the upcoming hurricane season and the difference between wind and storm surge risk.
RMS: Reinsurers Can Adapt to ILS Invasion Using NIKE As Inspiration
Carrier Management
April 16, 2014
With hedge and pension funds continuing to dive into the reinsurance market through insurance-linked securities, or ILS products, Peter Nakada, managing director, capital markets at RMS, urges the industry to get used to it and adapt.
Intelligent Insurer
April 16, 2014
Catastrophe risk management firm RMS has added five catastrophe modeling companies to its ecosystem RMS(one).The new ecosystem partners join four existing third-party modelers: US hurricane modeler Applied Research Associates, flood modeler JBA Risk Management, Latin American specialist ERN and Australia and Asia Pacific specialist Risk Frontiers.
RMS Signs on 5 New Catastrophe Modeling Partners
Carrier Management
April 15, 2014
RMS said it inked partnerships with five additional companies in a bid to further diversify catastrophe modeling options for its new cutting-edge system. The California-based catastrophe risk management company said that Catalytics, CatRisk Solutions, COMBUS, OYO Group, and QuakeRisk have signed on to be added to the company's RMS(one) platform.
Splunk App for VMware® Delivers Insights Beyond Virtualization
Reuters
April 15, 2014
"RMS has been using Splunk Enterprise and the Splunk App for VMware since its earliest days; Splunk has been integral to the success of our core business platform, RMS(one)," said James Lord, senior manager, cloud operational intelligence and monitoring, RMS.
RMS Lifts Number of Risk Models Available on RMS(one) to Nearly 300
Artemis
April 15, 2014
Catastrophe risk modelling firm RMS has announced partnerships with companies whose risk models will be available through its RMS(one) platform, taking the number of fully probabilistic models that will be available on the platform to nearly 300.
Munich Re and Willis Re Extend Their Support to RMS(one)
Bermuda:Re
April 15, 2014
Torsten Jeworrek, CEO of reinsurance at Munich Re has endorsed RMS’s new modeling platform RMS(one), stating that the re/insurer has chosen the system as its core platform for exposure management. RMS(one) has received further praise from John Cavanagh, CEO of Willis Re, who says that it will help to provide the broker’s clients with even greater model transparency.
How the Cloud is Now Being Used to Predict Terror Attacks
Fast Company
April 14, 2014
RMS, a California-based risk management firm, just launched a new software package last month which uses massive amounts of computing power to predict financial loss from terrorism or hurricanes before it happens.
RMS’ Exceedance 2014 Conference Kicks Off April 14 in D.C.
Carrier Management
April 07, 2014
Catastrophe-risk management firm RMS announced that its Exceedance 2014 event will take place next week in Washington, D.C., with keynote speakers that include the first chief information officer for the United States, Hemant Shah, RMS co-founder and CEO, and Robert Muir-Wood, chief research officer at RMS.
InsuranceLinked
April 07, 2014
While there is considerable historical data on tornadoes, it remains incomplete and skewed towards urban areas where people witness the storms. If a tornado touches down in a cornfield, it can often go unreported and this creates “an incomplete representation of the historical record,” according to Jeff Waters, manager, business solutions at RMS.
RMS Partners with Climate Change Initiative
Intelligent Insurer
April 04, 2014
Risk modelling firm Risk Management Solutions has partnered with a US initiative designed to quantify and publicise the economic risks the US faces from the impact of climate change.
Climate Change Is a Game of Risk
TIME
April 04, 2014
RMS, which uses complex analytics to model natural catastrophe risk in real time, will provide much of the science behind Risky Business. The company’s analysts will use climate data and models to map out how rising seas, warming temperatures and changing atmospheric patterns could alter the natural disasters that already cost the global economy tens of billions of dollars each year.
Forbes
April 03, 2014
Former New York City Mayor Mike Bloomberg, former U.S. Treasury Secretary Hank Paulson, and hedge-fund-billionaire-turned-environmental-advocate Tom Steyer don’t typically agree on political issues. Last fall, they embarked on what they’re calling the Risky Business initiative, a project that will culminate in a report that will spell out the likely economic impact of climate change on U.S. business. RMS will join the initiative staff to add analysis of the impacts of climate change on coastal infrastructure.
Second Chile Quake Bigger Than Expected for Aftershock: RMS
Carrier Management
April 03, 2014
The magnitude 7.6 earthquake that struck northern Chile late Wednesday—only a day after the area was hit by a magnitude 8.2 quake and subsequent tsunami waves—is “bigger than would be expected for a standard aftershock,” says Dr. Robert Muir-Wood, chief research officer at RMS.
40 Years Later: The 1974 Tornado Super Outbreak
Property Casualty 360
April 03, 2014
Today marks the 40th anniversary of the 1974 Super Outbreak of tornadoes, a series of devastating convective storms that hit 13 U.S. states over a period of 24 hours. RMS estimates that a reoccurrence of this event today could result in insured losses of between $7 to $8 billion.
Recent Quakes Probably Not Related
USA Today
April 03, 2014
Recent earthquakes in Chile, Panama, and Southern California have people wondering. ... Are they related? "There is no evidence of linkages in activity between different regions around the Ring of Fire," said Robert Muir-Wood, chief research officer at RMS.
Big Data Will Transform Insurance
The Sunday Telegraph
March 30, 2014
By harnessing the value of big data technologies, insurance industries can thoroughly evaluate the financial risk posed by global disasters such as floods, windstorms, hurricanes, earthquakes, and terrorist attacks. To address these market needs, RMS has developed RMS(one), an industry-centric initiative that provides the underlying technology and architecture allowing insurance companies to model, interpret, and efficiently communicate their view of risk.
What a Shrinking Federal Backstop for Terrorism Insurance Means for CMBS, ILS
Asset Securitization Report
March 27, 2014
Impending legislation renewing the federal backstop for terrorism insurance could pare down this safeguard, creating havoc in the market for commercial real estate (CRE), and, by extension, commercial mortgage-backed securities (CMBS). Despite advances in modeling this risk since the attack on New York’s Twin Towers, it may prove challenging for capital markets investors to pick up the slack.
Lloyd's News and Insight
March 25, 2014
The complex concept of "catastronomics"—how diverse multi-trillion dollar catastrophic scenarios could impact the economy—was under the microscope at the Emerging Risks Scenarios for Risk Management seminar on March 20, organized by the Centre of Risk Studies—a research group funded by RMS.
Prepping for Disaster: How Risk Management Solutions Uses Big Data to Manage Outcomes
Silicon Valley Business Journal
March 10, 2014
RMS is one of the premier companies using Big Data techniques to model the economic outcomes of such catastrophic events, something the insurance industry will pay good money for.
Insurance Linked
March 10, 2014
In recent years, a series of very large losses has made flood risk a key issue for insurance companies and governments around the world. Global warming and the wide appeal of living near the water mean that managing the cost of flooding is likely to be an even more important issue in the future than it is today.
RMS Launches RMS(one) Developer Network
insurancenewsnet
March 07, 2014
RMS announced the RMS(one) Developer Network, enabling RMS client and partner developers to integrate tools, applications, and models with RMS(one).
RMS Launches Developer Network for Its Risk Management Platform
eWeek
March 07, 2014
RMS started a new developer network for partners and developers to build apps for its RMS(one) risk management platform.
Insider Quarterly
March 06, 2014
If you are underwriting severe storm risk in North America, there is a good chance you are using experience-based rating to price it. There is growing evidence, however, to suggest that this approach does not give you the full picture for understanding severe storm risk.
Risk Modeling Advances for Natural Disasters, Terrorism
The Wall Street Journal
March 04, 2014
Technological advances are changing the risk-modeling business, allowing firms to create models with more complexity and sophistication than they previously could, while also taking advantage of much bigger data sets when contemplating risks. Advances in the last five years let modelers make calculations “we could not previously do,” allowing for better data—and better assumptions about risks, said Robert Muir-Wood, chief research officer at RMS.
Asia Typhoon and Cyclone Risk: An Increasing Driver of Global Loss
Asia Insurance Review
March 03, 2014
Asia is the global center of natural catastrophe impacts. It is a region that experiences multiple perils from earthquakes, typhoons, to monsoon-related floods—but the most common drivers of catastrophe losses are typhoons and cyclones from the Pacific and Indian oceans. Jessica Turner from RMS gives an update on the catastrophe risks of several countries in the region and says having a robust suite of risk tools is paramount for insurers and reinsurers.
A True Model for Embracing Change (Video)
ecorner - Stanford's Entrepreneurship Corner
February 26, 2014
Hemant Shah, CEO and president of RMS, takes students on a ride through the highs and lows of growing and changing a company. From early days in an apartment with co-founders, to making the tough calls as a market leader in risk and catastrophe modeling, Shah discusses lessons around culture, business models, and pivoting a value proposition.
Preparing for Disaster by Betting Against It
The New York Times
February 12, 2014
In the wake of Sandy, the M.T.A. worked with the First Mutual Transportation Assurance Company to obtain reinsurance by issuing the world’s first "catastrophe" bond designed specifically to protect against storm surge. Risk Management Solutions was the firm that assessed the risk.
RMS(one) Launch Date Announced
Bermuda:Re
February 11, 2014
RMS(one) will be launched on April 15, offering users access to all RMS catastrophe models on one all-encompassing cloud-based exposure and risk management platform.
RMS Announces New Catastrophe Risk Views, Launch Date for RMS(one)
Artemis
February 11, 2014
RMS has announced the release of new views of risk for its U.S. and Canada Severe Convective Storm (SCS) and China Typhoon models as well as a launch date for its new exposure and risk-management platform, RMS(one).
RMS Releases New Models for U.S. Convective Storms, China Typhoon
Carrier Management
February 10, 2014
RMS announced Monday that it has released new views of risk for U.S. and Canada Severe Convective Storm (SCS) and China Typhoon. The new versions of these models provide enhanced risk differentiation, pricing and portfolio-management capability for two perils that are increasingly becoming drivers of annual and catastrophe losses for the industry.
Sochi Winter Olympics Black Widow Terror Attack 'Almost Certain'
International Business Times
February 05, 2014
An attempted attack on the Sochi Olympics Games by black widow terrorists is almost certain to happen, according to catastrophe expert Dr. Gordon Woo.
Nakada: ‘Issuer Pays’ Model Approach Holding ILS Back
Bermuda:Re
January 29, 2014
The ILS industry is undergoing an important evolution, away from a purely 'issuer pays' model of risk analysis and towards greater emphasis on an 'investor pays' approach. That is the view of Peter Nakada, managing director, capital markets at RMS, who says that an 'issuer pays' approach to ILS has been one of the key factors "holding back growth in the marketplace."
Catastrophist Explains Heightened Risks at Sochi Games
Government Security News
January 28, 2014
"The threat level is higher than it has ever been for any other sporting event since 9/11," explains Dr. Gordon Woo, a catastrophist at RMS. RMS is a company based in Newark, CA that provides catastrophe risk models to insurance companies and financial institutions.
How RMS is Transforming into a Cloud and Big Data Service Provider
Business Cloud News
January 24, 2014
Risk modeling has been around for years but as the computing demands of these models increased along with the volume data, the need to move these platforms off on-premise infrastructure into massive data center facilities with access to the necessary horsepower has grown exponentially. RMS senior vice president, cloud platform operations, Paris Georgallis, told Business Cloud News that balancing the need to provide insurers with increasingly detailed risk models and data security needs has its challenges.
How US will Rescue Olympians if Terrorists Strike the Sochi Games
World News on NBC.com
January 23, 2014
A catastrophic terrorist strike at the Sochi Winter Olympics would present the United States with a logistically mind-boggling and diplomatically delicate challenge: How to get more than 200 American athletes safely out of Russia. According to Gordon Woo, terrorism expert at risk management modeling firm RMS, analysis shows that terror plots involving up to 10 operatives have a 5 percent chance of succeeding.
Daily Mail
January 22, 2014
The debate about climate change is distracting us from the true causes of flooding, a group of eminent scientists, including RMS chief research officer Robert Muir-Wood, warned yesterday. They said that until there is firm evidence about the role of climate change; it is better to concentrate on what we do know—that the way we are changing our physical landscape is making flooding worse.
Northridge Earthquake Today Could Cost Insurers $20B: RMS
Carrier Management
January 20, 2014
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.
The Northridge Earthquake: 20 Years Later
Property Casualty 360
January 17, 2014
On January 17, 1994, 20 years ago today, a magnitude 6.7 earthquake occurred 20 miles northwest of downtown Los Angeles. RMS points out that the California temblor, known as the Northridge Earthquake, caused the largest U.S. earthquake insurance loss to date.
MongoDB Targets Insurance Risk Management
Tech Week Europe
January 17, 2014
MongoDB said RMS, a provider of catastrophe risk modeling software, has selected MongoDB as the data store for RMS(one), RMS’ cloud-based, open, real-time risk management platform.
California Still Under-Insured 20 Years After Northridge
Bermuda:Re
January 17, 2014
According to data from RMS, a 6.7 magnitude earthquake of the type experienced at Northridge would result in $155 billion worth of damage in California, but only $16-24 billion of insured loss.
Europe Sodden After Storm Cluster
Lloyd's
January 16, 2014
The dramatic storm surges responsible for much of the coastal flooding along the southwest coast of England came about through a combination of high tides and surge waters. The storms coincided with a series of exceptional tides, with higher tides due in early February, warns Robert Muir-Wood, chief research officer at RMS.
MongoDB Improves Insurance Industry Risk Management
Eweek
January 16, 2014
RMS, a provider of catastrophe risk modeling software, has selected MongoDB as the data store for RMS(one), RMS' cloud-based, open, real-time risk management platform.
MongoDB Gets Huge Endorsement From Risk Management Insurance Company RMS
Silicon Angle
January 15, 2014
In MongoDB news today, the company announced with RMS the first cloud-based real-time risk management platform on top of MongoDB.
Longevity Experts Discover Flaws in Current Mortality Data
Yahoo Finance
January 15, 2014
Professors David Blake of the Pensions Institute at Cass Business School and Andrew Cairns of Heriot-Watt University presented a fascinating forensic analysis of mortality data from England and Wales titled "Phantoms Never Die: Living with Unreliable Mortality Data." Peter Nakada from RMS applauded the Cairns-Blake-Dowd team for "continuous improvement" of mortality data, and suggested that this provides a sounder footing for modeling future mortality trends as well.
The Monster Hurricanes of the Future Won't Be Where You Think
Fast Company
January 13, 2014
Hurricanes are expensive. RMS knows that better than most. It estimates Hurricane Katrina caused $45 billion in flood losses and $63 billion in wind losses. Superstorm Sandy bred over $60 billion in total damages.
RMS White Paper on Quantifying U.S. Terrorism Risk
RAA (Reinsurance Association of America)
January 10, 2014
The RMS white paper uses terrorism risk modeling to assess the costs and benefits of TRIA renewal.
RMS Conducts Risk Analysis for QBE’s $250M VenTerra Re Ltd. Cat Bond
Carrier Management
January 08, 2014
Catastrophe modeler RMS announced Tuesday that the company conducted the risk analysis for a new catastrophe bond issued by VenTerra Re Ltd, a special purpose vehicle for investors.
QBE 'Very Happy' With First Australian Indemnity Cat Bond, VenTerra Re
Artemis
January 08, 2014
Australian insurer QBE Insurance Group is ‘very happy’ with the successful completion of the first ever catastrophe bond to provide reinsurance cover for Australian perils on an indemnity basis, the $250m VenTerra Re Ltd. (Series 2013-1). RMS used its North America Earthquake Model, and for the first time for this type of deal its Australia Earthquake model and Australia Cyclone model, to facilitate the risk analysis required for this cat bond.
Losses Mount in Worst European Winter Storm Season Since 1990
Artemis
January 08, 2014
The winter storm season in Europe looks set to add additional pressure to any insurers and reinsurers that are already feeling the pinch due to declining property catastrophe renewal rates, as losses from European windstorm and flooding start to mount.
European Winter Storm Season Most Severe Since 1990: RMS
Carrier Management
January 07, 2014
The 2013-2014 winter storm season has seen the most severe sequence of storms since 1990, says Robert Muir-Wood, chief research officer at RMS.
DMGT's Risk Modelling Business Invests £31m in Faster, Cloud-Based System
TechWorld
January 07, 2014
RMS, a catastrophe risk models and solutions provider owned by the Daily Mail and General Trust (DMGT), last year invested around £31 million in developing the business's new, faster technology platform, RMS(one).
Insurers Face Hit from UK Floods as Earnings Season Looms
Reuters
January 07, 2014
Britain's insurers are preparing to pay out hundreds of millions of pounds in claims following a run of winter storms that have flooded homes and disrupted travel, though the absence of major damage should limit the impact on their 2013 results. Robert Muir-Wood, chief research officer at RMS, said the 2013-2014 winter had seen "the most severe sequence of storms since 1990."
RMS Commentary on UK Winter Storms – Sky News
Sky News
January 03, 2014
Robert Muir-Wood, chief research officer at RMS, is interviewed by Sky News about the succession of severe winter storms that caused flooding in the UK throughout December 2013.
RMS Commentary on UK Winter Storms – CNN
CNN
January 03, 2014
Robert Muir-Wood, chief research officer at RMS, is interviewed by CNN about the succession of severe winter storms that caused flooding in the UK throughout December 2013.
$31 Million in Insured Losses from Summer Earthquakes in Central New Zealand
Canadian Underwriter
December 19, 2013
Total insured losses from the central New Zealand earthquakes this past July and August was $31.1 million. Following the earthquake in August, catastrophe modeler RMS noted, "The earthquake caused light damage, but triggered many fears. Businesses evacuated properties for the safety of their personnel while building safety assessments were carried out."
Singapore Event Roundup: SIRC du Soleil
Reactions
December 18, 2013
The warm and balmy weather at this year's Singapore International Reinsurance Conference (SIRC) was tempered by the knowledge that bad weather was not far away. Robert Muir-Wood, chief research officer at RMS, used the example of Japan's response to its earthquake risk as an example for how emerging cat risk markets will develop.
Insider Quarterly
December 10, 2013
Research carried out by RMS scientists indicates that there is still much to be learnt from investigating historic European windstorm trends in order to gain a better understanding of the inherent variability—catastrophe models may just hold the key.
VenTerra Re Ltd. Cat Bond Brings Australian Perils to Market for QBE
Artemis
December 09, 2013
A catastrophe bond transaction has been launched for QBE insurance Group Ltd. The cat bond VenTerra Re Ltd. will bring some welcome diversification to ILS investors through the inclusion of Australian perils. Companies assisting with this transactions include RMS as the risk modeling firm.
European Windstorm Xaver; Updates from Risk Modelers
Artemis
December 07, 2013
RMS provides a storm surge modeling solution for the east coast of the UK, as part of it's European windstorm model. Events such as those in 1953, 1962 and Xaver are represented by this surge model, helping the (re)insurance industry to evaluate their potential storm surge risk.
European Coastal Defenses May Reduce Destruction from Epic Storm
Scientific American
December 07, 2013
Wind and waves battered the northern European coastline last week in the worst gale in more than half a century. According to RMS, better infrastructure defenses as well as the relatively brief duration of the surge events protected most developed regions from Xaver's impact.
Unique Structure of Aegon Deal Aims to Standardise Longevity Risk
Artemis
December 06, 2013
The unique structure utilized within the recently completed Aegon longevity risk transfer transaction has been developed in the hope of bringing some standardization, transparency and more deal flexibility to the longevity hedging market.
While TRIA is Stuck in Limbo, Five U.S. Cities Lead Risk for Terror Attack
Insurance Business
December 06, 2013
The Terrorism Risk Insurance Act is set to sunset at the end of 2014. Meanwhile, a new report indicates that the threat of a large-scale terrorist attack in the US is still high, particularly in five urban areas. Unlike natural disasters, RMS noted, terrorist attacks are difficult to underwrite as they target specific centers of financial and political power.
2013 Hurricane Season Continues Streak of Quiet Years
Bermuda:Re
December 06, 2013
In terms of number of storms reaching at least hurricane intensity, 2013 is the quietest hurricane season since 1982 according to RMS senior director Brian Owens.
RMS: Terrorism Risk Can Be Modeled; Insuring It Remains Difficult
PropertyCasualty360
December 05, 2013
Terrorism remains a difficult risk to insure, but, contrary to the views of some, it can be modeled by measuring the likelihood of an attack against vigorous counter-terrorism efforts employed by Western nations, according to an RMS white paper meant to inform stakeholders as they debate a Terrorism Risk Insurance Act extension.
Aegon in €1.4Bn Longevity Risk Transfer to Capital Markets and Reinsurers
Artemis
December 04, 2013
Insurer Aegon has announced the completion of its second longevity risk transfer transaction to capital markets investors and reinsurers today. The deal sees Aegon transfer €1.4 billion of longevity risk to third-party investors and reinsurers including SCOR. The transaction featured Société Générale acting as the intermediary and RMS as the modeling agent.
Terror Threat Highest in 5 U.S. Metros, Including San Francisco
American Insurance Association First Read
December 04, 2013
The RMS "Quantifying U.S. Terrorism Risk" white paper reveals that the threat of a large-scale terrorist attack in the United States is still high and is concentrated in five high-profile metropolitan areas—New York, Chicago, Los Angeles, San Francisco, and Washington, D.C.
Terror Threat Highest in 5 U.S. Metros, Including San Francisco
San Francisco Business Times
December 03, 2013
The threat of a large-scale terrorist attack in the United States is still high, and is concentrated in five high-profile metropolitan areas, according to a report by RMS, including New York, Chicago, Los Angeles, San Francisco, and Washington, D.C., in that order.
Is the Future of the Internet in Iceland?
Smithsonian.com
December 02, 2013
When you clicked on the link to read this article, your computer, tablet or phone sent a request that traveled hundreds or perhaps thousands of miles at the speed of light. After leaving your house or office, likely via a fiber optic cable, it traversed the continent, crossing through a handful of Internet exchanges along the way.
The Power of Iceland: Verne Global and RMS Build One Cool Cloud
Cloud Computing Magazine
December 02, 2013
In order to run complex risk models RMS requires massive computing resources. Cloud computing, undoubtedly the latest great trend in technology, is quickly becoming a mainstream alternative to traditional on-premises computing options.
Canadian Underwriter
November 19, 2013
The tornado outbreak that tore through the United States Midwest Nov. 17-18, reducing some areas to rubble, will likely rank as one of the top five most significant November outbreaks since 1950 and could become the country's first billion-dollar severe weather event in November, notes a storm report issued Tuesday by catastrophe modelling firm RMS.
Sunday’s tornado outbreak could be costliest November weather event in U.S. on record
The Washington Post
November 19, 2013
Falling at the end of hurricane season and prior to major winter storms, November has historically eluded billion dollar weather disasters in the U.S. But economic damages from Sunday's tornado outbreak could exceed $1 billion says a leading risk modeling firm, making it the most expensive weather disaster to occur in November in 25 years of records.
Tornado outbreak cost could exceed $1 billion
USA Today
November 19, 2013
The cost of the deadly and devastating tornado and severe weather outbreak Sunday in the Midwest could top $1 billion, according to RMS, a risk management firm.
Quantifying the Mortality-Longevity Offset
Institutional Investor Journals
November 17, 2013
Peter Nakada and Chris Hornsby analyze how life insurance and annuities have opposite sensitivity to changes in life expectancy. To understand the offset between the two, they examine the simplest version of these contracts: a term life insurance policy and a single-premium immediate annuity.
How companies are using video games to detect qualified candidates (Video)
Al Jazeera America
November 12, 2013
Anyone who's ever applied for a job knows how frustrating the process can be. You spend hours crafting a cover letter that's concise but convincing, obsess over every detail of your resume down to the end, navigate the online application process and sometimes never hear back.
Did climate change cause Typhoon Haiyan? (Video)
Channel 4
November 12, 2013
Typhoon Haiyan in the Philippines may well have been the most powerful storm ever recorded but science editor Tom Clarke says the blame may not lie with man-made climate change. Robert Muir-Wood spoke with Tom.
Heavy loss of life in Super Typhoon Haiyan ‘completely unnecessary’
Strategic Risk
November 12, 2013
As Muir-Wood sees it, typhoons are unavoidable, but the loss of life they can cause is not.
Real Cost of Typhoon Haiyan Will Take Years to Assess
Fox Business
November 12, 2013
Early calculations will likely put the economic toll of Super Typhoon Haiyan far below those of storms in more affluent regions, but don't let numbers fool you.
How will the Next Bay Area Quake Impact Silicon Valley?
CitizenTEKK
November 12, 2013
In California, earthquakes are quite the hot topic these days. Are we getting closer to the next big one? Are we prepared?
Typhoon Worse for Philippines Economy Than Sandy for U.S.
Bloomberg
November 11, 2013
Destruction from Typhoon Haiyan, which flattened buildings and unleashed storm surges that may have killed 10,000 people, could be several times worse for the Philippineseconomy than superstorm Sandy was for the U.S.
RMS predicts Haiyan as strongest tropical cyclone in history
Insurance Insight
November 08, 2013
Catastrophe risk modelling firm RMS has said category five super typhoon Haiyan, which hit the Philippines today, could be the strongest tropical cyclone in history.
Surviving A 'Super-Typhoon' (Video)
Yahoo! News UK & Ireland
November 08, 2013
Natural disasters expert Dr Robert Muir-Wood sheds light on how local residents in the Philippines may be struggling to cope in the wake of the super-typhoon.
InsuranceERM
November 01, 2013
RMS(one): the one system to manage all cat exposures and risks. Early testers are enthusiastic … Christopher Cundy reports.
Surge Protection (Infographic)
PropertyCasualty 360
October 31, 2013
Rising sea levels and continued coastal expansion are causing coastal flooding to be a significant hurricane risk.
RMS: Insight and Observations of a Superstorm
PC360
October 30, 2013
Superstorm Sandy is the second costliest landfalling U.S. storm on record, and ranks as one of the most destructive events in U.S. history. The storm, which was almost the size of Alaska, brought hurricane-force winds, rain, and catastrophic storm surge to the Mid-Atlantic and Northeast, in addition to significant snowfall to parts of Appalachia and the Midwest.
One Year After Sandy, Many Coastlines Are Still Vulnerable To Storm Surges (Infographic)
Huffington Post
October 29, 2013
A new report from Risk Management Solutions outlines the threats faced by low-lying coastal cities in an age where superstorms may become the new normal. The group analyzed 100-year surge loss for 12 different coastal cities and found that Baltimore, Md. and Biloxi, Miss. were among the most vulnerable cities should another Sandy-like storm strike the U.S., while Miami, Fla. and North Carolina's Outer Banks were actually in a low-risk region, contrary to popular belief.
Is Your Pension Courting Catastrophe?
Bloomberg
October 29, 2013
One of the best ways to blow yourself up in financial markets is to sell lots of cheap insurance against risks you don’t fully understand. Traders call this “picking up pennies in front of a steamroller,” since the strategy appears profitable right up until you lose everything.
As Insurers Mitigate Risk, Businesses Struggle to Prepare for Future Sandys
Foxbusiness.com
October 29, 2013
A year after Superstorm Sandy ravaged the East Coast, killing 285 people and destroying close to one million homes and businesses, some insurers fear businesses aren’t as prepared as they could be for another major natural catastrophe.
Big storms compared: 1987 and 2013
BBC
October 28, 2013
The storm that battered parts of the UK on Sunday night and the early hours of Monday was one of the most powerful to hit Britain in recent years, with a maximum gust of nearly 100mph recorded in the Isle of Wight.
Sandy's High Costs Spur Municipal Finance Innovation
The Bond Buyer
October 25, 2013
Faced with nearly $5 billion in losses from Hurricane Sandy's storm surge alone, severely constrained in the conventional global reinsurance market and with its premiums for traditional reinsurance essentially doubled, officials from the Metropolitan Transportation Authority turned to an alternative vehicle — catastrophe bonds.
8 Cool Heat Maps That Help You Visualize Big Data
CIO
October 24, 2013
Big or small, data can be difficult to visualize. These examples use heat maps to put massive data sets into a context that's easy to understand.
Bermuda:Re +ILS
October 14, 2013
In the modelling industry's struggle with flood losses, data and innovation are the keys.
Bermuda RE
October 14, 2013
One year on, significant lessons have been learned from Superstorm Sandy. Various constituents of the market give their views on the impact of the east coast storm.
Insuring a More Resilient Society
Stanford Social Innovation Review
October 11, 2013
Natural catastrophes have always shaped the course of human history, and even the most terrible recent disasters often have well-documented historical antecedents.
Cat rates ease as experts look to RMS v 13 for relief
Advisen
October 10, 2013
Property insurance rates have clearly been rising faster in hurricane-prone areas than in other parts of the country over the past several quarters, but the differential has begun to narrow, Advisen Research shows.
Amazon Web Services: should you stay or should you go?
GigaOm
October 10, 2013
Startups love the flexibility and pricing of AWS. But then again, no one cloud is right for everyone. Here are a few startups who decided to move at least some of their workloads off AWS.
Pension fund interest will erode margins in cat
Bermuda:Re
October 03, 2013
The interest of pension funds in catastrophe risk is here to stay and will result in the erosion of margins on cat lines. In response, the industry needs to look to new risks.
Four Tips for Getting Hired as a Software Developer
DevX.com
October 02, 2013
As a developer, how do you stand out in an ever changing industry that demands superstars? After interviewing numerous applicants and following conversations with other hiring managers, Amelia Merril provides four tips for getting hired as a software developer in today's market.
Making sense of RMS and green in Iceland
Green Data Center News
September 30, 2013
Risk Management Solutions (RMS) runs computer models to model bad things -- anything from earthquakes to terrorism and infectious diseases (Hmm, wonder if they have a "World War Z" model) -- for the insurance and financial communities.
Why RMS built its cloud environment in Iceland
IT World
September 27, 2013
Risk Management Solutions is a provider of catastrophic risk insurance that, in the last few years, has expended its portfolio management services at the behest of its insurance and reinsurance customers.
Why RMS Built Its Cloud Environment in Iceland
CIO
September 27, 2013
While Iceland has long been touted as an ideal spot for a data center, companies have been slow to take advantages of its climate, renewable energy and government incentives. Risk Management Solutions, though, jumped at the chance to put its new cloud environment on the Nordic island.
Iceland’s Data Centre Saga: Ready For Live Customer Data?
TechWeek Europe
September 26, 2013
We’ve heard before about efforts to make Iceland a hub for data centre activity, driven by cheap renewable energy and good connections in both directions across the Atlantic. Now it looks like there are actual customers showing up there, including an interesting risk management application run by RMS.
Gallery: Icelandic Data Centre Shows Off Its Security
TechWeek Europe
September 26, 2013
Iceland may be a remote place, but sites there still have to pay attention to physical security. When risk management firm RMS took us to Verne Global’s data centre near Reykjavik, the security features were prominent.
SaaS Lays Community Cloud Foundation
Saas in the Enterprise
September 25, 2013
As delivery models go SaaS is now a well-established vehicle, with just about all providers of enterprise software either already embracing it, or shortly planning to deliver an instance of their wares as a service.
How the Insurance Industry Is Dealing With Climate Change
Smithsonian
September 24, 2013
When it comes to the calculating the likelihood of catastrophic weather, one group has an obvious and immediate financial stake in the game: the insurance industry. And in recent years, the industry researchers who attempt to determine the annual odds of catastrophic weather-related disasters—including floods and wind storms—say they’re seeing something new.
The Rise of the Purpose-Built Industry Cloud
Data Center Knowledge
September 23, 2013
Not all clouds are created equal. That’s especially true for specialized clouds built to serve a single industry, such as the RMS(one) platform rolled out last week.
Shingled Magnetic Recording Breathes New Life Into Hard Drives
Datacenter Acceleration
September 23, 2013
Flash storage may be the next big thing in the financial datacenter, but magnetic storage systems are far from heading to the IT recycling center.
RMS Launches Global, Cloud-Based Data Center
Insurance Networking News
September 23, 2013
RMS, a catastrophe risk modeling firm, is deploying Verne Global’s RMS Cloud solution.
Iceland: Gearing Up To Supply The World With Green IT Solutions
Forrester
September 23, 2013
Last week I had the pleasure of visiting the remote and beautiful country of Iceland. After a 5-hour flight and a brief history lesson, I was amazed to learn that in addition to its unique local attractions — geothermal springs, volcanos, aurora borealis — Iceland possesses a wealth of natural resources.
Iceland - the saga continues...
Green Data Center News
September 22, 2013
Verne Global, our host here on this blog, kept more or less to the background during a trip to Iceland this week. The company is pressing ahead with its plans to develop a datacenter business using Iceland’s renewable energy and cool cimate - but the spotlight was on actual customers.
Risk Management Solutions' cloud data center goes online in Iceland
Business Insurance
September 20, 2013
Risk Management Solutions Inc. on Friday said its real-time exposure and risk management environment, RMS(one), is now operational in a data center in Iceland.
RMS Launches its First Data Center - Green with 100% renewable energy
GreenM3
September 20, 2013
This last week I was in Iceland at a media/analyst event sponsored by RMS, Datapipe, and Verne Global. Honestly, I spent so much time talking to so many different people, I find it easier to reference the public disclosures than to write on my own.
Euro Bytes: Verne Global, Zayo, Interoute, NTT
Telecom Ramblings
September 20, 2013
In Iceland, Verne Global picked up a client at its green-powered data center campus. The risk modeling firm RMS is deploying its cloud infrastructure built off of Datapipe’s platform, offering the insurance industry a real-time exposure and risk management environment.
RMS launches first Global datacentre via Verne Global and Datapipe
Datacentres.com (BroadGroup)
September 20, 2013
Verne Global has announced that RMS, a catastrophe risk modelling firm, is deploying its RMS Cloud from Verne Global’s datacentre campus in Iceland.
RMS demonstrates the importance of the private cloud
ZDNet
September 20, 2013
When RMS looked at deploying the betas of their cutting edge insurance risk management solution, RMSone, to their customers they realized that the cloud-based service would be significantly less valuable if it wasn’t incredibly reliable.
Verne Global Data Center Leverages Iceland for Power, Cooling
Data Center Knowledge
September 19, 2013
Verne Global, which announced a cloud launch this week by client Datapipe and its client risk-modeling specialist RMS, is uniquely positioned from a geographical and business perspective.
Data Center Customers Warming to Iceland
Data Center Knowledge
September 19, 2013
Data center customers are warming up to Iceland. It’s been five years since Verne Global announced plans to build a data center business in Iceland, which offers nearly ideal scenarios for power and cooling servers.
Cool future for data centres as efficiency comes first
Computing News
September 18, 2013
Iceland's Naval Air Station Keflavik was strategically vital during World War II, established by Allied Forces to maintain vital North Atlantic supply lines following Nazi forces' occupation of Europe.
Warning over looming global cloud computing skills shortage
Computing News
September 18, 2013
The rapid rise in adoption of cloud technology will lead to a major shortage of IT professionals with the right mix of skills that companies require to architect, deploy, build and manage software in the could, a cloud computing expert has told Computing.
Prism threat to cloud industry 'a red herring', claims RMS platform architect
Computing News
September 18, 2013
The idea that cloud computing providers could suffer as a result of the US National Security Agency's (NSA) policy of obtaining data from web companies as part of its Prism surveillance programme is a "red herring", argues Bobby Soni, chief platform and services officer for risk management solutions company RMS.
Insurance Risk Firm Models Catastrophes – In Iceland
TechWeek Europe
September 17, 2013
RMS, which calculates the risk of catastrophes for the insurance industry, has built a cloud based service to offer risk data on everything from hurricanes to earthquakes - and has done it in Iceland.
'We can change the world with data centres' – Vmware
Computing News
September 17, 2013
Data centres can help change the world for the better, by allowing organisations across all sectors access to cheap intelligence and data modelling.
Hurricane Forecasts Missing Mark but Peak Season Now Threatening
PropertyCasualty 360
September 09, 2013
Despite forecasts of an above-average Atlantic hurricane season, none of the seven tropical storms experienced so far this year have reached hurricane strength, making 2013 the first year in more than a decade to not have produced a landfall by August.
San Francisco Business Times
August 28, 2013
RMS, the world’s leading catastrophe modeling firm, has hired Alex Barnett as vice president of developer relations. Barnett will utilize his 15 years of experience at Intuit and in the industry to lead a team of developers building an ecosystem to develop applications that work within the RMS(one) environment, a cloud-based risk management solution.
Alex Barnett; People on the Move
Silicon Valley Business Journal
August 28, 2013
RMS, the world’s leading catastrophe modeling firm, has hired Alex Barnett as vice president of developer relations. Barnett will utilize his 15 years of experience at Intuit and in the industry to lead a team of developers building an ecosystem to develop applications that work within the RMS(one) environment, a cloud-based risk management solution.
RMS Releases New Insights Into Future Hurricane Activity
Best Day Audio
August 26, 2013
RMS Releases New Insights Into Future Hurricane Activity
Rising Threat of Storm Surge Looms Heavy over Industry: Part 1
Independent Agent
August 22, 2013
In the heart of hurricane season and as the first anniversary of Superstorm Sandy approaches, RMS has released a new version of its North Atlantic hurricane model suite that fully quantifies the threat of hurricane-driven storm surge—and identifies a 20% chance that storm surge losses will be greater than wind losses for any U.S. hurricane that makes landfall this season, rising to more than 30% in the Northeast.
Betting Big on the Next Superstorm
HuffPost Live
August 20, 2013
A new financial instrument called a catastrophe bond is gaining popularity among investors who bet on the likelihood of a natural disaster occurring. How moral are these investments? Will this tactic help governments stave off financial disaster?
Little damage from 6.5 magnitude quake on New Zealand’s South Island
Canadian Underwriter
August 19, 2013
The earthquake caused light damage, but triggered many fears. Businesses evacuated properties for the safety of their personnel while building safety assessments were carried out...
Florida windstorm insurance rates could fall thanks to new risk model
South Florida Business Journal
August 15, 2013
A computer-simulated hurricane strike on Florida may sound like nothing more than an entertaining backdrop for a B-movie, but it could have a big impact on windstorm insurance rates.
RMS: Storm Surge Risk Greater Than Hurricane Wind
Insurance Information Institute
August 02, 2013
As we approach the peak of hurricane season, catastrophe modeler RMS has warned that storm surge poses a greater risk than hurricane wind.
GC Securities, RMS Involved in First Ever Cat Bond for Storm Surge
PropertyCasualty360
August 01, 2013
Reinsurance intermediary Guy Carpenter and catastrophe modeling firm Risk Management Solutions say they helped the Metropolitan Transportation Authority sell the first-ever bond to protect against storm surge.
RMS delivers risk analysis for storm surge catastrophe bond
Insurance Insight
August 01, 2013
Catastrophe modelling firm RMS has delivered risk analysis for a storm surge catastrophe bond to provide the New York Metropolitan Transportation Authority with $200m (£132m) storm surge protectio
RMS launches latest North Atlantic Hurricane Model
Canadian Underwriter
August 01, 2013
Catastrophe modelling firm RMS has announced the latest version of its North Atlantic hurricane model suite, which allows users to quantify risk from hurricane-driven storm surge and gain insight into future hurricane activity levels.
RMS launch hurricane model v13, use for MetroCat Re risk analysis
Artemis
August 01, 2013
RMS has launched a new version of its North Atlantic hurricane model suite, version 13.0. The new version will give users the ability to fully analyse and quantify the risks from hurricane driven storm surge risks and the model has already been used in a catastrophe bond deal, the first storm surge cat bond MetroCat Re.
Latest RMS Model Offers New Insights into Future Hurricane Activity and Storm Surge
PropertyCasualty360
July 31, 2013
RMS announces the release of its North American hurricane model suite, version 13.0, which has the ability to quantify the risk from catastrophic hurricane-driven storm surge, and includes new insights into future hurricane activity levels.
Storm Surge Modeling Improving, but Uncertainties Persist
PropertyCasualty360
July 25, 2013
For recent hurricanes, including Sandy in 2012, storm surge was the principal driver of U.S. hurricane insured losses. For many of these hurricanes the damage caused by the storm surge far outweighed the wind-driven impacts.
Risk & Insurance
July 22, 2013
When the astroid strikes earth's atmosphere, it is traveling at approximately 56,000 mph. At 50 meters to 60 meters wide, it is not large enough to wipe out humanity or irrevocably alter the tilt of the Earth's axis or its orbit.
Getting Customers to Prepay to Start Up, Then Building a $300M Business: RMS CEO Hemant Shah
Entrepreneur Journeys
July 22, 2013
Hemant Shah is the co-founder, president and CEO of RMS, a leader in catastrophic risk modeling. He co-founded RMS in 1989 based on his research work at Stanford University.
RMS Hurricane Model Update Coming; Lower Risk Indications Expected
Carrier Management
July 15, 2013
When RMS releases an update for the catastrophe modeling firm’s North American Hurricane model later this month, lower loss exposure estimates are expected, according to a representative of the firm.
MTA Unit Seeks Coverage Through 'Storm Surge' Bond -Sources
Wall Street Journal
July 15, 2013
A unit of New York's Metropolitan Transportation Authority is marketing a new type of bond to cover itself from so-called "storm surge," which caused massive damage to the city's transit system during superstorm Sandy last fall, according to people briefed on the pending transaction.
Carrier Management
July 14, 2013
When RMS developed its recently unveiled software platform RMS(one), the catastrophe modeling firm had a wide range of potential users in mind—many of whom are not accustomed to tinkering around with technical models, firm representatives say.
Best Day Audio
June 15, 2013
Hemant Shah of RMS discusses the unveiling of RMS(one), a real-time exposure and risk management environment purpose, built for insurance companies to manage all of their risk models.
Didn't Get the Job? You'll Never Know Why
Wall Street Journal
June 04, 2013
You aced the interview, your résumé sings, but in the end, you didn't get the job. Chances are, you'll never know why.
EQECAT deal with RMS aims to improve translation of exposures between different cat models
Canadian Underwriter
May 31, 2013
EQECAT Inc. announced Thursday it has "finalized an agreement to share exposure data schemas" with Newark, Calif.-based Risk Management Solutions Inc.
EQEcat and RMS agree to share data schemas
Bermuda Re
May 31, 2013
Risk modelling firms EQECAT and RMS have agreed to share data schemas to help clients using multiple models to better understand their results and assumptions.
Eqecat and RMS finalise data sharing scheme
Insurance Insight
May 30, 2013
Rival catastrophe modelling firms Eqecat and Risk Management Solutions have finalized an agreement to share exposure data schemas.
Oklahoma Tornado May Cost Insurers Up to $3.5 Billion - RMS
Royal Gazette
May 30, 2013
Damage estimates for the powerful tornado that struck Moore, Oklahoma last week are increasing with disaster modelling firm Risk Management Solutions Inc now saying the twister may have caused as much as $3.5 billion in insured losses.
EQECAT and RMS to share exposure data schemas
Artemis
May 30, 2013
Risk modelling firm EQECAT has announced that it has agreed with Risk Management Solutions (RMS) an arrangement which will see the firms share exposure data schemas in an effort to help clients leverage a multi-model view of risk more simply.
Eqecat Agrees to Share Data with RMS
PropertyCasualty360
May 30, 2013
Catastrophe modeler Eqecat says it has finalized a multi-year agreement to be a part of Risk Management Solutions’ open, cloud-based platform, RMS(one).
RMS estimates up to $3.5 billion insured losses from Oklahoma tornado
Artemis
May 29, 2013
Risk Management Solutions (RMS) is the second catastrophe risk modelling firm to come forwards with an estimate of the insured losses from the recent Oklahoma tornado event. RMS has focused solely on the single tornado that struck the town of Moore and estimates the insured loss toll to be between $2 billion and $3.5 billion.
$2-3.5B in Insured Losses from Moore, Oklahoma Tornado: RMS
PropertyCasualty360
May 28, 2013
Catastrophe risk modeler Risk Management Solutions put insured losses from the Moore, Okla. tornado at $2 billion to $3.5 billion.
Oklahoma Tornado Cost Insurers as Much as $3.5 Billion: RMS
Bloomberg
May 28, 2013
A tornado that leveled an Oklahoma City suburb last week probably cost insurers $2 billion to $3.5 billion in claims, according to catastrophe modeler Risk Management Solutions Inc.
$2 - 3.5 in Insured Losses from Moore, Oklahoma Tornado: RMS
PropertyCasualty360
May 28, 2013
Catastrophe risk modeler Risk Management Solutions put insured losses from the Moore, Okla. tornado at $2 billion to $3.5 billion.
Oklahoma Tornado May Cost Insurers Up to $3.5 Billion - RMS
Wall Street Journal
May 28, 2013
The powerful tornado that struck Moore, Okla., last week may have caused as much as $3.5 billion in insured losses, according to disaster-modeling company Risk Management Solutions Inc.
Oklahoma Tornado Cost Insurers as Much as $3.5 Billion
Bloomberg/BusinessWeek
May 28, 2013
A tornado that leveled an Oklahoma City suburb last week probably cost insurers $2 billion to $3.5 billion in claims, according to catastrophe modeler Risk Management Solutions Inc.
For Insurers, No Doubts on Climate Change
New York Times
May 14, 2013
If there were one American industry that would be particularly worried about climate change it would have to be insurance, right?
RMS Debuts the RMS(one) Real-Time Exposure and Risk Management Environment
Insurance & Technology
May 13, 2013
The new environment will provide intuitive, enterprise-wide access to real-time risk intelligence, enabling decision-makers at every level of the organization - from risk analysts to the CEO - the opportunity to ask questions and get answers in real time, according to the vendor.
Computerworld: More data isn't always better, says Nate Silver
NA
May 13, 2013
NA
More data isn't always better, says Nate Silver
Computerworld UK
May 13, 2013
Top statistician warns that an abundance of data lets statisticians 'cherry pick' data points to get the results they want.
Risk Frontiers joins cat modeling partnership
Insurance News
May 13, 2013
Australian natural hazards research centre Risk Frontiers has joined forces with US group Risk Management Solutions (RMS) on a new open platform built exclusively for insurers.
Catastrophe Modeler RMS Unveils New Platform
Carrier Management
May 12, 2013
Late last week, RMS unveiled RMS(one), describing it as an “environment” that will allow insurance companies to manage all of their risk models, exposures and analytics on a single, open platform in real time.
RMS CEO: New Risk Management Platform to 'Crush Latency'
PropertyCasualty360
May 09, 2013
Risk Management Solutions has unveiled a new, open platform it says will enable insurers to manage models and exposures in minutes rather than months.
RMS Announces New Real-Time Risk Model
PropertyCasualty360
May 08, 2013
RMS announced its new RMS(one) single, open platform, which provides customized real-time risk intelligence and analytics on a range of mobile devices.
Reactions: RMS(one) Unveiled as Future of Cat Modeling
NA
May 08, 2013
NARMS(one) Unveiled as Future of Cat Modeling
Reactions
May 08, 2013
RMS reveals RMS(one), which will allow insurance and reinsurance companies to manage all their risk models, exposures and analytics on a single platform. Partners for the platform include ERN, JBA, Risk Frontiers and Aon Benfield’s ReMetrica.
Boston Marathon Bombing: Running Fear
NA
April 17, 2013
Boston Marathon Bombing: Running FearLiability Driven Investments most common form of de-risking
Pensions Insight
April 11, 2013
Liability driven investment is the most popular de-risking tool but there are favorable conditions for longevity insurance.
Aspirin Seen Costing Pensions $100 Billion as Lifespans Increase
Employment Benefit News
April 05, 2013
A projected cost increase across the more than $13 trillion in pension liabilities in North America and Europe would be about the same as everyone giving up smoking within a generation, a risk-modeling firm says.
The Actuary
April 04, 2013
Gordon Woo looks at annuity pricing of human resilience.
Aspirin to Fuel $100 bln Pension Costs
India Times
April 04, 2013
Aspirin's use in fighting cancer has the potential to increase pension liabilities by as much as $100 billion by extending lifespans, a risk modeller's report said. The pension costs for men in the UK could rise by 0.7% within 20 years if more people begin taking aspirin daily, according to a statement by RMS.
RMS: Rise in Aspirin Use Likely to Increase Pensioner Life Expectancy
News Insurances
April 04, 2013
Recent medical reports have confirmed the growing body of evidence that taking a daily low-dose of aspirin reduces cancer mortality, in addition to its known benefits for cardiovascular health. Experts believe around 15% of current cancer deaths could be prevented by daily aspirin use with benefits beginning as early as three years into treatment. Conventional cancer treatments are expensive and new treatments typically require a lengthy approval process. By contrast, aspirin is inexpensive and readily available and has the potential for rapid uptake.
Aspirin's Regular Use May Increase Pension Liabilities
Top News New Zealand
April 04, 2013
Aspirin's use is said to reduce cancer risk, but a risk modeler has affirmed that the drug's use can increase pension liabilities.
Bloomberg: Aspirin Seen Fueling $100 Billion Pensions Cost
Bloomberg
April 02, 2013
NAAspirin Seen Fueling $100 Billion Pensions Cost
Bloomberg
April 02, 2013
Aspirin's use fighting cancer has the potential to increase pension liabilities by as much as $100 billion by extending lifespans, a risk modeler said in a report.
Rise in Aspirin Use Could Cause $100Bn Increase in Pension Liabilities
Insurance ERM
April 02, 2013
Subscription required.Aspirin Seen Fueling $100 Billion Pensions Cost
Bloomberg
April 02, 2013
Aspirin’s use fighting cancer has the potential to increase pension liabilities by as much as $100 billion by extending lifespans, a risk modeler said in a report.
Paul Dali Named Chairman of RMS Board of Directors
NA
February 26, 2013
NA'Longevity' Bond Market May Spring to Life
WSJ
February 07, 2013
Insurers are weighing a new strategy for coping with the cost of baby boomers living longer than expected: issuing bonds.
Life insurers' capital needs to rise after bird flu research resumes
InsuranceERM
February 01, 2013
Subscription required.
Insurers need to prepare against 'man-made' H5N1 pandemic
GR
February 01, 2013
RMS says chances of lab pathogen triggering outbreak are “small but significant”
Insurers beware of potential bird flu pandemic
GR
January 31, 2013
Life Insurers need to hold more capital to manage the risk of a potential bird flu pandemic, a catastrophe risk management firm has warned.
Pandemic risk may impact capital reserves: RMS
Continuity Insurance and Risk
January 31, 2013
Research on the highly virulent H5N1 avian influenza viruses resumed last week after a year-long ban. With the controversial lifting of the moratorium, researchers will now try to increase the transmissibility or virulence of H5N1 to help prepare vaccines and other medical treatments in case of a pandemic.
Longevity market poised for growth – RMS
Reuters
November 02, 2012
A new tradable marketplace dubbed the 'bio-metric asset class' has emerged as pension funds, investment banks, modeling companies and life insurers have invested heavily in constructing a risk transfer market for hedging the longevity risk.
RMS brings life risk platform to the market
The Insurance Insider
October 10, 2012
RMS has launched a platform to help firms manage longevity and excess mortality risks. The new product generates mortality scenarios and provides access to a range of RMS models.
RMS launches new risk platform for life insurance industry
World Insurance Network.com News
October 08, 2012
RMS has launched RMS LifeRisks, a new platform for life insurance and pension risk management industry.
European Pensions
October 08, 2012
RMS has launched RMS LifeRisks™, a modelling platform for the life insurance and pension risk management industry. It provides an integrated view of trend and shock risks in their life and annuity portfolios underpinned by detailed medical research and social change projections.
RMS brings life risk platform to the market
Trading Risk
October 04, 2012
RMS has launched a platform to help firms manage longevity and excess mortality risks that generates mortality scenarios and provides access to a range of RMS models.
RMS launch LifeRisks™ for modelling longevity and mortality risks
Artemis
October 04, 2012
RMS announced the launch of a new version of their RMS LifeRisks™ modelling platform.
RMS Releases an Update to its Japan Earthquake Model
NA
October 03, 2012
NARMS Performs Risk Analysis for U.S. Earthquake Casualty Catastrophe Bond
NA
September 18, 2012
NARMS Estimates Hurricane Isaac Insured Losses between USD$1 to $2 Billion
NA
September 13, 2012
NARMS on their innovative approach to modelling the Vita Capital V mortality bond
Artemis
August 02, 2012
RMS is providing both risk modelling and calculation agent services to the recently completed Vita Capital V Ltd. mortality-linked security transaction which completed this week.
Think tank proposes variable retirement ages for the rich and the poor
Punter SouthHall
August 02, 2012
It has long been an established government policy that in order for state pensions to remain affordable in a climate of increasing longevity, the state pension age must be increased.
RMS: innovates for the Expanded VITA Mortality Bond
News-insurances
August 01, 2012
RMS announced that it has conducted the expert risk analysis for Swiss Re Ltd's sixth issuance of the mortality-linked catastrophe bond, VITA V. The transaction has increased significantly from its initial target of $100 million up to $275 million in only two weeks.
RMS Announces New Presentation of Hurricane Risk for Insurance-linked Securities
NA
July 27, 2012
NAVita Capital V Almost Triples to $275mn
Trading Risk
July 25, 2012
Swiss Re has almost tripled its latest Vita extreme mortality offering to $275mn from a $100mn target as investors sought out US hurricane diversifiers, Trading Risk understands.
Netherlands Longevity Transaction wins Trading Risk Award
Trading Risk
July 22, 2012
Trading Risk is delighted to announce the winners of our 2012 Awards, who were revealed at a ceremony held in London last night attended by more than 200 convergence market luminaries.
Vita Capital V Ltd. marketing, new mortality-linked catastrophe bond from Swiss Re
Artemis
July 10, 2012
Reinsurer Swiss Re has begun marketing their latest insurance-linked security transaction and this time it's a deal that the wider ILS investment market should appreciate as it’s a diversifying opportunity and a life transaction.
The Actuary
July 01, 2012
Jon Palin outlines a new structural model of mortality that takes into account the underlying drivers such as lifestyle trends.
RMS Discusses v11 and Resilient Risk Management
A.M. Best Video
June 20, 2012
Claire Souch of RMS discusses the latest catastrophe model, saying that with Solvency II looming, it is imperative that insurers apply the model across the company consistently.
Reinsurers up ante as banks exit longevity
Trading Risk
June 15, 2012
The longevity risk transfer market remains stable despite the exit of three major banks from the sector, experts said at a recent life risk seminar hosted by RMS in London.
RMS LifeRisks 2.0 to include excess mortality models as well as longevity
Artemis
June 11, 2012
RMS recently held an event in London about their work in the longevity and mortality space and to discuss the upcoming launch of the latest version of their LifeRisks modeling solutions.
Internal models can cut capital requirements for longevity and mortality risk – RMS
Life and Pension Risk
May 25, 2012
Subscription required.
Reactions
May 18, 2012
Modellers and users must change their playbooks to enable more resilient risk management practices, says Hemant Shah, CEO of Risk Management Solutions.
RMS launches model to analyse Dutch longevity risk
European Pensions
February 20, 2012
RMS has conducted a mortality risk analysis of the Dutch population, incorporating estimates of lifestyle trend changes, medical advances and future health care environments specific to the Netherlands.
Japan Tsunami Causes Largest-Ever Life Insurance Catastrophe
Asian Insurance Review
May 01, 2011
Andrew Coburn of RMS discusses the horrific destructive disaster which may result in the largest life insurance payout in history.
Trading Risk
December 01, 2010
RMS is known for its natural catastrophe models. Here Peter Nakada, managing director at RMS RiskMarkets, explains why the firm ventured into the domain of traditional actuarial techniques.
Modelling Infectious Disease Risk
Insurance ERM
January 20, 2010
The entire realm of possible pandemic characteristics can be quantified using historical data, as well as established principles of epidemiology, virology and mathematical analysis and modelling, explains Dr. Maura Sullivan.
Media Contacts
Devonne Cusi
PR Lead, Americas
+1 (551) 226 1604
PRTeam@rms.com
Matthew Longbottom
PR Lead, Europe and APAC
+44 20 7444 7706
PRTeam@rms.com
Models
Services