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
Press Releases
September 13, 2019
RMS Estimates Hurricane Dorian Insured Losses For The U.S. Will Be Between USD $500 Million And $1.5 BillionSeptember 09, 2019
RMS Estimates Hurricane Dorian Insured Losses From Wind And Storm Surge In The Caribbean Will Be Between USD $3.5 and $6.5 BillionIn The News
September 10, 2019
Claims Journal
Hurricane Dorian Insured Losses In Bahamas Could Hit $6.5 Billion: RMS
September 10, 2019
Insurance Journal
Hurricane Dorian Insured Losses In Caribbean From Wind, Storm-Surge Could Hit $6.5B
“Known as the Risk Data Object, or RDO, the data structure is designed to be given to the insurance and reinsurance industries and will be overseen by a steering committee of industry leaders. Set to be publicly available in January 2020, it is in production on RMS Risk Intelligence, the company’s open platform.”
— Carrier Management
“Mother Nature has many options for wreaking havoc. A comprehensive risk estimate for every type of natural disaster can help insurance underwriters decide how much to charge for covering structures against damage. Instead of just calculating where a disaster might strike, analysts compute the likelihood — and likely severity — of property damage at a given location.”
— Popular Science
“The market for risk analysis, prediction and management is evolving and dynamic. This is an exciting and important time for RMS. Recent catastrophes have shown that RMS solutions are more important than ever. We have the deepest bench of top talent in the industry, and a breadth of products, innovations and customer relationships that is unmatched. I’m thrilled to be joining this world-class team as we continue to innovate, grow and help lead the next wave of transformation.”
— RMS COmpany Announcement
“The question insurance and reinsurance companies need to ask themselves is whether they are prepared for the potential of an intense U.S. landfalling hurricane, a Tōhoku-size earthquake event and a major cyber incident if these types of combined losses hit their portfolio each and every year.”
— EXPOSURE Magazine
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