risk modeling


RMS launches inland flood risk model for the U.S. in high definition

Catastrophe risk modelling specialist RMS has launched a high definition inland flood risk model for the United States, which it hopes will help insurance and reinsurance firms to establish and expand flood risk underwriting businesses.The new RMS U.S. Inland Flood HD Model covers all types of inland flooding events, including read the full article →

AIR releases Touchstone 2.0, adds non-catastrophe risk analysis

Risk modelling firm AIR Worldwide has released version 2.0 of its Touchstone catastrophe modelling platform. The new version includes the ability to account for both catastrophe and non-catastrophe risks in a single platform, providing a single view of exposures.Including non-catastrophe risks (for example, fire, lightning, explosion, vandalism) enables insurers, reinsurers read the full article →

Bill Keogh named CEO of risk analytics firm Ultimate Risk Solutions

William (Bill) Keogh, the ex-President of risk modelling firm EQECAT who went on to take a role at reinsurance broker, risk and capital management firm TigerRisk Partners, has moved again becoming CEO of risk analytics and software firm Ultimate Risk Solutions.Keogh moved to TigerRisk Partners just over a year ago read the full article →

RMS announces new catastrophe risk views, launch date for RMS(one)

Risk Management Solutions (RMS) has announced the release of new views of risk for its U.S. and Canada Severe Convective Storm (SCS) and China Typhoon models as well as a launch date for its new exposure and risk-management platform, RMS (one).The new views of risk for severe thunderstorm risk in read the full article →

RMS models $1.2 billion of 2013 catastrophe bonds

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 read the full article →

Bill Keogh, ex-President of EQECAT, joins TigerRisk

William (Bill) Keogh, who left his role as President of risk modelling firm EQECAT just last week, has emerged as a new hire at TigerRisk Partners, a reinsurance broking and risk and capital management firm founded by Jim Stanard and Rod Fox. Keogh resigned from EQECAT to pursue a new read the full article →

Impact Forecasting launches scenario modeling and loss estimation tool

A new risk modeling tool which allows users to run scenarios and generate loss estimates against a range of specific historical or hypothetical catastrophe events has been launched today by Impact Forecasting, the catastrophe model development center at reinsurance broker Aon Benfield. The tool will allow users to run scenarios read the full article →

ILS Capital Management Ltd. select AIR Worldwide for ILS portfolio management

Risk modeller AIR Worldwide have issued a press release discussing how a new client of theirs, ILS Capital Management Ltd. a company established with the help of reinsurance industry veteran Don Kramer, has signed up to use their risk models and portfolio management tools for a portfolio of insurance-linked securities, read the full article →

Guy Carpenter advocates multiple catastrophe model approach

Broker Guy Carpenter has published a report looking at effective uses of catastrophe models by property insurers, uncertainty in risk modelling and advocating a multi-model approach to catastrophe models. The report suggests that a multi-model approach is better for estimating risk and controlling uncertainty, particularly given the ever-present factor of read the full article →

RMS puts hurricane Irene insured loss estimate at $2.5 billion to $5.5 billion

Risk Management Solutions (RMS) have published an estimate of insured losses resulting from the recent hurricane Irene. Their estimate only includes wind and surge impacts covering both the U.S. and Caribbean, so doesn't include any inland flooding from heavy rainfall or any National Flood Insurance Program losses from surge and read the full article →