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Global Reach and Local Support

RMS is leading catastrophe risk management in the Caribbean and Latin America by helping insurers and reinsurers be more competitive and resilient. Powerful technology underpins RMS data, models, and services to provide our customers with advanced ways to assess risk, make better decisions, and improve outcomes.

Science and Innovation

RMS is on a continuous quest to build high-quality models for our most recent project in Brazil on agriculture and in the ongoing development work to update science in the Central and South American earthquake models.

Continued Regional Investment

As an emerging market, Latin America is uniquely positioned for growth. Miami, Florida is the RMS hub for Latin America with close proximity to most countries in the region. RMS also has a bilingual team to support the region.

Focused Solutions

The RMS Latin American team supports clients in the region with underwriting expertise throughout the portfolio management process including capital allocation and regulatory compliance.

Services Capabilities in the Caribbean and Latin America

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Analytical Services

Strategic Consulting and Solution Assessment

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Model Consulting

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Deployment and Implementation

Analytical Services

Whether you need to flex resources at peak demand periods, relieve your team of excessive, routine workloads, or outsource modeling, our global team of more than 400 analysts can quickly expand your analytics capabilities. 

We work in tandem with your staff, saving you time, resources, and cost, to cover workload variability, meet regulatory filing pressures, accelerate model adoption, and explore new areas of risk. It’s a complete risk modeling operation at your disposal, whenever you need it. 

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Strategic Consulting and Solution Assessment

RMS consultants work to your unique requirements, exploring your specific priorities, challenges, and constraints to build a more strategic approach to catastrophe risk management. You’ll benefit from over 25 years of experience as we analyze your current risk position, identify risk opportunities and threats, and uncover the best ways to use risk models within your operations.

We can help design the right RMS solution to meet your business objectives, leveraging our data, models, software, and services to unlock value. 

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Model Consulting

Whether you are starting a risk modeling operation or have deep, well-established resources, RMS consultants can advise and implement best practices across your entire operation. We provide analysis and guidance on the best use of RMS model IP, including embedding model output successfully in your workflow, best-practice model validation, and how to customize the models to your specific business.

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Deployment and Implementation

We have helped hundreds of organizations deploy risk models and software solutions on-premises or in the cloud. Our experts save you time and resources by ensuring you only pay for the skills you need for the duration of the deployment. We can customize RMS software to implement within your business, so you can experience the benefits faster. And we work collaboratively to ensure your projects align with business objectives from custom development and change management to system integration.

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Caribbean and Latin America Model Coverage

Latin America Map
Earthquake
  • Caribbean
  • Anguilla
  • Antigua & Barbuda
  • Barbados
  • British Virgin Islands
  • Cayman Islands
  • Dominica
  • Dominican Republic
  • Grenada
  • Guadeloupe
  • Haiti
  • Jamaica
  • Martinique
  • Montserrat
  • Puerto Rico
  • Saba
  • Sint. Maartin
  • St. Barthelemy
  • St. Eustatius
  • St. Kitts and Nevis
  • St. Lucia
  • St. Martin
  • St. Vincent and the Grenadines
  • Trinidad & Tobago
  • Turks & Caicos
  • U.S. Virgin Islands
  • Central America
  • Belize
  • Costa Rica
  • El Salvador
  • Guatemala
  • Honduras
  • Nicaragua
  • Panama
  • South America
  • Argentina
  • Bolivia
  • Brazil
  • Chile
  • Colombia
  • Ecuador
  • Peru
  • Venezuela
HWind
  • Caribbean
  • Anguilla
  • Antigua & Barbuda
  • Aruba
  • Bahamas
  • Barbados
  • Bermuda
  • Bonaire
  • British Virgin Islands
  • Cayman Islands
  • Cuba
  • Curacao
  • Dominica
  • Dominican Republic
  • Grenada
  • Guadeloupe
  • Haiti
  • Jamaica
  • Martinique
  • Montserrat
  • Puerto Rico
  • Saba
  • Sint. Maartin
  • St. Barthelemy
  • St. Eustatius
  • St. Kitts and Nevis
  • St. Lucia
  • St. Martin
  • St. Vincent and the Grenadines
  • Trinidad & Tobago
  • Turks & Caicos
  • U.S. Virgin Islands
  • Central America
  • Belize
  • Costa Rica
  • Guatemala
  • Honduras
  • Nicaragua
  • Panama
Industrial Facilities
  • Caribbean
  • Anguilla
  • Antigua & Barbuda
  • Aruba
  • Bahamas
  • Barbados
  • Bermuda
  • Bonaire
  • British Virgin Islands
  • Cayman Islands
  • Cuba
  • Curacao
  • Dominica
  • Dominican Republic
  • Grenada
  • Guadeloupe
  • Haiti
  • Jamaica
  • Martinique
  • Montserrat
  • Puerto Rico
  • Saba
  • Sint. Maartin
  • St. Barthelemy
  • St. Eustatius
  • St. Kitts and Nevis
  • St. Lucia
  • St. Martin
  • St. Vincent and the Grenadines
  • Trinidad & Tobago
  • Turks & Caicos
  • U.S. Virgin Islands
  • Central America
  • Belize
  • Costa Rica
  • El Salvador
  • Guatemala
  • Honduras
  • Nicaragua
  • Panama
  • South America
  • Argentina
  • Bolivia
  • Brazil
  • Chile
  • Colombia
  • Ecuador
  • Peru
  • Venezuela
LifeRisks Infectious Disease
  • Argentina
  • Bolivia
  • Brazil
  • Chile
  • Venezuela
Marine Cargo & Specie
  • Caribbean
  • Anguilla
  • Antigua & Barbuda
  • Aruba
  • Bahamas
  • Barbados
  • Bermuda
  • Bonaire
  • British Virgin Islands
  • Cayman Islands
  • Cuba
  • Curacao
  • Dominica
  • Dominican Republic
  • Grenada
  • Guadeloupe
  • Haiti
  • Jamaica
  • Martinique
  • Montserrat
  • Puerto Rico
  • Saba
  • Sint. Maartin
  • St. Barthelemy
  • St. Eustatius
  • St. Kitts and Nevis
  • St. Lucia
  • St. Martin
  • St. Vincent and the Grenadines
  • Trinidad & Tobago
  • Turks & Caicos
  • U.S. Virgin Islands
  • Central America
  • Belize
  • Costa Rica
  • El Salvador
  • Guatemala
  • Honduras
  • Nicaragua
  • Panama
  • South America
  • Argentina
  • Bolivia
  • Brazil
  • Chile
  • Colombia
  • Ecuador
  • Peru
  • Venezuela
Tropical Cyclone
  • Caribbean
  • Anguilla
  • Antigua & Barbuda
  • Aruba
  • Bahamas
  • Barbados
  • Bermuda
  • Bonaire
  • British Virgin Islands
  • Cayman Islands
  • Cuba
  • Curacao
  • Dominica
  • Dominican Republic
  • Grenada
  • Guadeloupe
  • Haiti
  • Jamaica
  • Martinique
  • Montserrat
  • Puerto Rico
  • Saba
  • Sint. Maartin
  • St. Barthelemy
  • St. Eustatius
  • St. Kitts and Nevis
  • St. Lucia
  • St. Martin
  • St. Vincent and the Grenadines
  • Trinidad & Tobago
  • Turks & Caicos
  • U.S. Virgin Islands
  • Central America
  • Belize
  • Costa Rica
  • Guatemala
  • Honduras
  • Nicaragua
  • Panama

Collaboration in the Region

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Colombia Regulation
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Colombia Regulation

Explore how the RMS Colombia Earthquake Model helps provide comprehensive coverage for regulatory requirements, while helping to prepare for the next earthquake in the region. RMS collaborated with leading regional seismology and engineering experts from the Universidad de Los Andes and the Instituto Colombiano de Geología y Mineríato provide comprehensive coverage for modeling seismic risk in the country.

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Peru Regulation
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Peru Regulation

Learn more about how to best manage and understand earthquake risk in all seismically active countries in the region. RMS collaborated with leading regional seismology and engineering experts, including from the Instituto Geofísico del Perú to help satisfy regulatory requirements.

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Spotlight

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Better Underwriting

Better Analytics, Better Underwriting

There are a number of industry forces driving change in the Latin America insurance market.  While dynamics vary significantly across the countries, the hardening market cycle has continued in the aggregate. These factors, along with the regulatory environments and competition between local companies and larger multinationals

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Risk Modeler of the Year

RMS Named Reactions Latin America Risk Modeler of the Year for Two Consecutive Years

Responding to growing demand for more sophisticated risk models and analytics in Latin America and the Caribbean, RMS extends its catastrophe modeling capabilities for the region and continues to solidify its support for local firms.

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IRB-Brasil

A Mature Approach to Exposure and Catastrophe Risk Management

IRB Brasil Re has a history of reinsurance market leadership in Latin America and continues to maintain that position in nine of its 11 business lines, while also growing to be among the 10 largest reinsurers in the world in market value. Looking ahead, international expansion and achieving greater efficiency across risk and exposure management processes are core to maintaining and expanding market position.

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Resources

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Video
Sophisticated Risk Analysis and Models for Latin America and the Caribbean

RMS is committed to the development of the industry in the Caribbean and Latin America region. By collaborating with our regional clients, to better understand their exposures, which allows us implement country-specific risk profiles, with detailed analysis by region.

Watch Video
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Mexico HU Patricia
Blog
Mexico Hurricane: A Tale of Two Coastlines

It has been a brisk start to the Pacific Hurricane Season. Within the first two weeks of June, there have already been two hurricanes off the Pacific Coast of Mexico recording Cat 4 maximum sustained winds on the Saffir-Simpson Scale. On June 7, Hurricane Aletta, tracking far off the coast of southern Mexico, saw a period of rapid intensification with winds doubling to 140 miles per hour (220 km/h) within 24 hours before weakening and dissipating. The second…

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Brazil: Modeling
Exposure Magazine
Brazil: Modeling the World's Future Breadbasket

How a crop modeling collaboration with IRB Brasil Re could help bridge the protection gap and build a more resilient agricultural base for the future in Brazil Brazil is currently the world’s second largest corn exporter, and is set to overtake the U.S. as the globe’s biggest soybean exporter, with the U.S. Department of Agriculture (USDA) predicting a record Brazilian soybean crop of 115 million metric tons in its outlook for 2018. Yet this agricultural…

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Press Release
Patria Re Selects RMS as its Sole Catastrophe Risk Modeling Partner

Newark, Calif. - April 28, 2017  RMS, a leading risk modeling and analytics firm, today announced that Latin America reinsurer Reaseguradora Patria (Patria Re) has licensed its full range of models and analytical services for Latin America and the Caribbean. These regions have a high exposure to natural catastrophe risk that produce a significant proportion of property segment losses for Patria Re. The firm is looking to grow in these markets by…

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