When looking at the historical record of catastrophe losses across the Caribbean region, even over the la...
The California Department of Insurance's hearing on catastrophe modeling and insurance
The hearing relates to a proposed regulation that would allow for the use of wildfire and flood catastrophe models for residential property insurance ratemaking...
The hearing relates to a proposed regulation that would allow for the use of wildfire and flood catastrophe models for residential property insurance ratemaking...
Article / 7 hours ago
BMS Severe Weather Update - 04/24/2024
The highly anticipated sequel to the 1996 disaster classic, “Twister,” is set to hit theaters this summer on July...
The highly anticipated sequel to the 1996 disaster classic, “Twister,” is set to hit theaters this summer on July...
Article / 14 hours ago
How Climate Modeling Can Mitigate Risks and Improve Resilience in the Construction Industry
In an era of escalating climate-related challenges, the construction industry is turning to advanced climate modeling to fortify its risk management strategies...
In an era of escalating climate-related challenges, the construction industry is turning to advanced climate modeling to fortify its risk management strategies...
Article / 1 day ago
MS Amlin boosts exposure management and modelling capability
New partnership with leading experts Moody’s RMS, to deliver step-change in its modelling functionality...
New partnership with leading experts Moody’s RMS, to deliver step-change in its modelling functionality...
PR / 1 day ago
Managing Exposure Data Versioning Complexity with Verisk CEDE, Oasis OED, and Moody's RMS EDM Formatted Exposures
If you are responsible for modeling portfolios or accounts, managing risk exposures and...
If you are responsible for modeling portfolios or accounts, managing risk exposures and...
Article / 2 days ago
Persian Gulf flooding
Moody’s RMS will continue to monitor the event and provide an update as and when necessary...
Moody’s RMS will continue to monitor the event and provide an update as and when necessary...
PR / 5 days ago
Rethinking catastrophe model evaluation by getting out of Model Land
We want to assess future risk. But because the future hasn't happened yet, our only way of accessing knowledge about the future is by making models....
We want to assess future risk. But because the future hasn't happened yet, our only way of accessing knowledge about the future is by making models....
Article / 7 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 8 days ago
RMS and Tokio Marine Holdings, Inc. to Expand and Deepen Global Commercial Partnership
RMS models underlie Tokio Marine’s global view of natural catastrophe risk, and Tokio Marine entities have access to a range of RMS RiskLink® and HD™...
RMS models underlie Tokio Marine’s global view of natural catastrophe risk, and Tokio Marine entities have access to a range of RMS RiskLink® and HD™...
PR / 8 days ago
The four pillars of a successful exposure monitoring solution
On-going global conflicts have created an era of heightened uncertainty. We are seeing an increasing concentration of economic and insured risk in areas that are being affected by more frequent, more severe events.
On-going global conflicts have created an era of heightened uncertainty. We are seeing an increasing concentration of economic and insured risk in areas that are being affected by more frequent, more severe events.
Article / 10 days ago