RMS
-
RMS pushed the guidance for the Carolinas component of the Ian loss $120mn higher at the mean level up to $1.94bn, as it updated figures on Saturday in private figures to clients.
-
The storm is not expected to be a threat to the order of Jebi or Hagibis.
-
Claire Souch helped upgrade RMS’s US hurricane model in 2011 during her previous tenure at the firm.
-
The incoming SVP joins from BMS Re, where she led the catastrophe analytics team for more than 10 years.
-
The cat risk modeller’s estimate is well ahead of KCC’s $18bn, as RMS said infrastructure in the states impacted by Ida have “never experienced such a strong hurricane wind intensity”.
-
The modeller said 70% of losses will come from Germany and a quarter from Belgium.
-
The potential transaction is expected to complete in the third quarter.
-
RMS model update points to ‘fairly large’ rise in hurricane losses for US Northeast and Mid-AtlanticThe RMS V21 model update for North Atlantic hurricane incorporated data from recent major loss years but overall annual average losses have only risen up to 10% across the US.
-
Dimosthenis Tsaknias is to lead the InsurTech’s worldwide flood modelling.
-
Version 21.0 of the model will become available to clients on June 23.
-
The firm’s climate change models will allow users to model their portfolios under the four different emission pathways adopted by the Intergovernmental Panel on Climate Change.
-
The catastrophe modeller made the estimate using a new climate change risk model.
Most Recent
-
Nephila adds $200mn AuM bringing total to $7.4bn
03 February 2023 -
ILS Advisers Index falls to 2.16% loss in 2022
03 February 2023 -
Hurricane Ian: The gravity-defying Florida loss?
03 February 2023