RMS News
Reporter’s Notebook: Could Insurance Be the Economic Engine for the Internet of Things?
Fill in the blank: Advertising is to the Internet as <Blank> is to the Internet of Things. Until I attended the Property/Casualty Insurance Joint Industry Forum earlier this month, the ...
Lloyd’s Discloses Standardized Data Requirements for Cyber Risks
Lloyd's of London has developed common core data requirements for cyber risks, a task achieved through collaborating with modeling firms AIR Worldwide and RMS, along with RMS' partner, the Cambridge ...
RMS CEO Shah Pledges 2016 Cloud-Based Cat Modeling Roll-out
RMS, after months of additional fine-tuning and ironing out kinks, is ready to roll out cloud-based catastrophe risk management system RMS(one) through 2016, co-founder and CEO Hemant Shah said on ...
RMS Buys Up Real-Time Hurricane Impact Data Startup
Catastrophe modeling firm RMS has acquired HWind Scientific LLC, a startup focused on producing real-time hurricane impact data. Neither side disclosed financial details. But RMS said the acquisition ...
A New Era for Marine Catastrophe Management
While marine insurers remain well-capitalized, the line faces many risks. A protracted soft market has eroded margins, large losses have put pressure on rate adequacy, and marine cat experience has ...
New Product Alert: XL Catlin, Aon Benfield, AIR Worldwide and More
XL Catlin recently unveiled new commercial crime insurance for the U.S. market. The policy is available on a primary, excess and quota share basis with policy limits up to $25 million. It includes ...
Rising Sea Level Boosts Risk to U.S. Coastal Cities of Hurricane-Related Flood Damage
Rising sea levels in the coming years will create heightened risk of severe economic damage from hurricane-related flood in U.S. coastal cities, RMS asserted in a new report. The catastrophe modeling ...
Executives On The Move at Allianz, Aspen and More
We have executive promotions and hires to tell you about at Allianz, Aspen, Cooper Gay Swett & Crawford and RMS: *** Allianz Group said it has brought on Bernard McNulty to be head of claims in ...