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RMS confirm no impact to Montana Re catastrophe bond from typhoon Roke

Risk modeller RMS have confirmed that there will be no impact to the Montana Re Ltd. Series 2010-1 catastrophe bond as a result of the damage caused by typhoon Roke in Japan. We wrote a week ago that the market was not expecting the losses from Roke to be severe read the full article →

RMS publishes final U.S. Paradex estimate for hurricane Irene

Risk Management Solutions (RMS) have finalised their modelling work to estimate final index values from their Paradex tool for hurricane Irene which hit the U.S. eastern coastline recently. The final Paradex index value is $2.82 billion which is 85% attributed to residential losses.The value is based on the RMS Paradex read the full article →

RMS issues Paradex preliminary index value for Japan earthquake

Risk Management Solutions (RMS) have issued a preliminary index value from their Paradex Japan earthquake index for the 11th March Tohoku earthquake. The Paradex index is used in two of the catastrophe bond transactions with exposure to the Japanese earthquake, Montana Re and Atlas VI Capital.The preliminary guidance from RMS read the full article →

Montana Re was first five peril catastrophe bond to use Paradex

The recent Montana Re Ltd. cat bond issued for Flagstone Re was the first deal to feature five different perils all of which utilise a Risk Management Solutions (RMS) Paradex index trigger. The deal also features a unique parametric 'cat-in-a-circle' arrangement for Cayman Islands hurricane risk. The RMS press release read the full article →

RMS Conducts Risk Analysis for Atlas VI Bond Sponsored by SCOR

Here's a copy of the Risk Management Solutions (RMS) press release regarding their involvement as risk modellers in the recently closed €75m SCOR Atlas VI Capital Ltd. catastrophe bond transaction. It gives a little insight into the way their RMS® Paradex Japan Earthquake model was used.Calif. – December 9, 2010 read the full article →

RMS adds Japan typhoon to its Paradex industry loss index service

Risk Management Solutions (RMS) have announced that they have added a new peril to their suite of Paradex parametric indices for estimating insured industry losses. They already cover U.S. hurricane, U.S. earthquake, European windstorm, Japan earthquake and now have added Japan typhoon to the service.The new parametric index utilises event read the full article →