catastrophe model Archives - Page 3 of 3

Is My Data Safe On The RMS Cloud?

Two months after RMS announced the launch of RMS(one)—a cloud-based platform for catastrophe models, exposure measurement tools and related data—RMS's leader took to the blogosphere to address ...

RMS(one) Explained

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 ...

AIR Releases Japan Earthquake Model Update; Reflects Tohoku Insights

Catastrophe modeling firm AIR Worldwide announced Monday that it has updated its Earthquake Model for Japan to include insights gained from the Great Tohoku earthquake of March 2011. The Tohoku event ...

Oklahoma Tornado to Cost Insurers Up to $3.5 Billion, Says RMS

The 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. The estimate ...

Catastrophe Modeler RMS Unveils New Platform

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 ...

Upcoming Cat Model Change, Capital Markets Pressuring Prop-Cat Rates, Execs Say

As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...

P/C Execs Should Look For Best Fit, Not “Right Answers” From Cat Models

Catastrophe models in the property/casualty insurance sector have been under intense and increasing scrutiny for more than a decade. The 9/11 terrorist attacks, coupled with significant losses from ...