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Flood Risk, NFIP and the Role of Reinsurance
Shortly after its landfall, my colleague, Ben Brookes, and I drew attention in the RMS live Harvey updates to the fact that the storm was “not…
Harvey Shows the Advantage of Cloud Solutions Wh...
Farhana Alarakhiya, vice president – Products, RMS Hurricane Harvey continues to be top of mind at the RMS offices. On Wednesday, RMS hosted…
Hurricane Harvey: Impact on Marine Cargo
As Hurricane Harvey barreled eastward from Houston, Port of Houston officials spoke of restarting operations by Labor Day (Monday, September 4…
NFIP Losses from Harvey Estimated to Reach US$7-...
On Wednesday, RMS reported that, based on our modeling, the overall combined wind, surge, and inland flood losses from Hurricane Harvey will…
Harvey Now Driving Catastrophic Flooding Across ...
(For media statement, click here) Michael Young, senior director – Product Management, RMS Hurricane Harvey is now driving catastrophic…
Unpacking Basis Risk
When catastrophe strikes, it is not unusual for the insurance payout to differ from the policyholder’s expectation. The possibility of such a…