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Australian Floods: Insurance Claims Rise Higher ...
The Insurance Council of Australia (ICA) reports that the unrelenting recent severe rainfall and subsequent flooding across Queensland and New…
RMS 2021 Catastrophe Review: The Year of the Sco...
There is a well-known mantra in the insurance industry that “it only takes one” – one catastrophic event to make a memorable impact. Many past…
U.S. Wildfire: Calculating the Value of Mitigati...
The hallmarks of climate change – such as prolonged drought, record high temperatures, or even increased rainfall – have helped accelerate…
RMS Expands Climate Change Model Suite to Includ...
Just under a year ago, RMS® announced the first RMS Climate Change Models for North Atlantic hurricane, Europe flood, and Europe windstorm.…
RMS Launches New Probabilistic Flood Models to S...
The floods that severely impacted Malaysia and Indonesia between mid-December 2021 and mid-January 2022 remind insurers of the need to better…
How Poor Data Fidelity Erodes Trust in Model Val...
From client feedback, it is clear there is no one-size-fits-all approach to risk model validation and the associated processes involved to…