Risk Management Solutions

Risk Management Solutions (RMS), a leading provide of catastrophe risk modelling and analysis products and services, has announced today that it has provided the risk analysis for $1.2 billion of catastrophe bond issuance in 2013 so far. This includes two recently closed transactions which both increased in size significantly and were well received by investors; […]

Investors love tools that make their lives easier and which help them to make wiser investment decisions. After all, what investors are aiming to do is grow the capital they deploy into an asset class, so portfolio management tools are a welcome solution that allow for better clarity and transparency on their existing and new […]

Standard & Poor’s (S&P) has now finished resolving the ratings issues surrounding 16 catastrophe bond tranches which use the Risk Management Solutions (RMS) U.S. hurricane model. The RMS model was updated earlier this year causing the probability of attachment for some cat bonds to increase, thus resulting in an assessment and new rating from S&P.

Ratings agency A.M. Best have followed suit and downgraded the two tranches of the 2009 Montana Re Ltd. catastrophe bond transaction due to the significant increases in attachment probabilities brought on by the new and updated version of the Risk Management Solutions U.S. hurricane risk model.

Standard & Poor’s (S&P) has begun to resolve the issues surrounding ratings of 16 catastrophe bond tranches which use the Risk Management Solutions (RMS) U.S. hurricane model. RMS released a new risk model earlier this year which S&P felt had sufficiently changed the risk profile of the transactions to warrant placing them on CreditWatch negative […]

Sixteen tranches of outstanding catastrophe bond transactions were placed on CreditWatch negative on the 18th April as a result of the updated hurricane risk model launched by Risk Management Solutions (RMS). Ratings agency Standard & Poor’s placed the notes on watch while it assessed the impact to the cat bonds risk profile and trigger points.

Risk Management Solutions (RMS) has announced that its new U.S. hurricane model, which has been the subject of much debate recently, has been approved by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) for use in residential rate filings with the Florida Office of Insurance Regulation.

Risk Management Solutions (RMS) have released an upgrade to their Miu insurance-linked securities management platform. Version 2.6 of Miu, a platform that allows investors to analyse and manage portfolios of catastrophe bonds, sidecars, industry loss warranties and reinsurance contracts, includes some new features which provide better insight into underlying risk exposures and more powerful transaction […]

Risk Management Solutions have released a set of model benchmark catastrophe bonds which have been designed to compare how risk models from different vendors (or different models versions from the same vendor) perform. The benchmark cat bonds will provide a standardised structure against which to compare the analysis that risk models output.

A.M. Best have joined Standard & Poor’s and put the ratings of catastrophe bonds which utilise the Risk Management Solutions (RMS) U.S. hurricane model under review due to the changes in the latest version of the risk model. The model which was used to assess the cat bonds at the time of issue has undergone […]