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NEWARK, Calif. - January 07, 2014 RMS, the world's leading catastrophe modeling firm, today announced that the company conducted the risk analysis for a new catastrophe bond issued by VenTerra Re Ltd, a special purpose vehicle for investors. The bond, transfers $250 million of multi-peril risk to the capital markets and is the first time QBE insurers are participating in such a transaction. The bond is also the first issuance to provide cover to the region of Australia on an indemnity basis. RMS was selected due to a combination of its reliable modeling of industrial and commercial risks using its unique Industrial Facilities Model, calibrated with billions of dollars of global claims data, and its industry leading risk models for Australia.

To conduct the risk analysis, 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.

"We are proud to have partnered with QBE on this innovative and highly successful transaction," said Peter Nakada, managing director, capital markets, RMS. The strong support from investors demonstrates the market's confidence in QBE's cat management and underwriting, as well as in RMS' global modeling capabilities across all risk types, including commercial and industrial risks.

"We are delighted that the RMS models and QBE's use of RMS models for cat management contributed to the speed and efficiency of this transaction.

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About RMS

Risk Management Solutions, Inc. (RMS) helps insurers, financial markets, corporations, and public agencies evaluate and manage global risk from natural and man-made catastrophes, including hurricanes, earthquakes, floods, climate change, cyber, and pandemics.

RMS leads the catastrophe risk industry that we helped to pioneer by marrying data and advanced model science with leading-edge technology. Leaders across multiple industries can address the risks of tomorrow through RMS Risk Intelligence™, our open, real-time exposure and risk management platform, enabling them to tap into RMS HD models, rich data layers, intuitive applications and APIs that simply integrate into existing enterprise systems.

RMS is a trusted solutions partner enabling effective risk management for better business decision making across underwriting, risk selection, mitigation, and portfolio management.

Visit RMS.com to learn more and follow us on LinkedIn and Twitter.

Media Contacts

Matthew Longbottom

PR Lead, EU and APAC
+44 20 7444 7706 prteam@rms.com

Devonne Cusi

PR Lead, Americas
+1 551 226 1604 prteam@rms.com
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