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RMS launches new Inland Flood model. Be prepared for the next China Flood event.
Between June and August 2020, China experienced widespread flooding and landslides that damaged or destroyed a total of 167,000 homes and displaced over 20 million people in 30 provinces. With over US$30bn in economic losses and reported insured losses of up to US$2bn, it was the worst flooding event in over 20 years.
Come join us on June 23. Our Product experts will reveal how the new China Inland Flood Model efficiently tackles the key drivers of risk and challenges facing the flood insurance market, so you can be prepared for the next big flood event. We also will discuss how the entire RMS China Model Suite (Flood, Typhoon, Earthquake), supported by our Service-led options, can assist you as (re)insurers and brokers to better mitigate your risk.
RMS now covers greater than 95% of China's annual nat-cat losses*, and this further validates recently being voted APAC Risk Modeller of the Year**.
This Regional webinar will focus on addressing some key China market challenges including:
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* Visit Insurance Asia News Awards website to read why RMS voted APAC’s Risk Modeller of the Year
**Based on UNDRR data from Multi-hazard data average annual loss webpage from HDX data.humdata.org
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