Hemant Shah News

Editor’s Note: Preparing for Worse

Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a matter of time, said the speakers, who forecast …

Editor’s Note: Preparing for Worse

Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to experts at last month’s National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time, said the speakers, who forecast dramatic scenarios resulting …

Preparing for Worst, Cat Modelers Say More Destruction Ahead

Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time, said the speakers, …

Symposium on the Future of Terrorism Risk Insurance Kicks Off, Oct. 7

In the wake of Hurricanes Katrina and Rita, leaders from the public and private sectors from throughout the nation will take part in the National Symposium on Terrorism Risk Insurance in the Cannon House Office Building on Oct. 7. Congress …

RMS Model Shows Increased Risk of Extreme U.S. Terrorism Losses

According to Risk Management Solutions’ fourth annual U.S. Terrorism Risk Model, the risk of extreme terrorism-related events over the next five years, including terrorist attacks using chemical, biological, radiological, and nuclear (CBRN) weapons, has increased. The model, which incorporates the …

News Currents

Cat model reassessments cause rating and capital changes Last fall’s disastrous hurricanes provided some rough times for the catastrophe modeling industry. Consequently the principal cat modelers – Applied Insurance Research, EQE International’s EQECAT, and Risk Management Solutions – went back …

Leaders Come Together to Discuss Future of Terrorism Insurance June 20

Leaders from the public and private sectors from throughout the nation will take part in the National Symposium on the Future of Terrorism Risk Insurance on the campus of the University of Southern California on June 20, 2005. The symposium …

RMS Unveils Global Terrorism Risk Model

Responding to increases in the frequency and severity of global terrorist activity in each of the past three years, Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, announced the launch of a …

RMS Estimates Potential Losses Ranging from $2 to $20 Billion for Hurricane Frances

Risk Management Solutions (RMS) has announced that potential insured losses could range from $2 to $20 billion based on the latest forecasts for Hurricane Frances. Uncertainty in the storm’s track and intensity increased overnight as Frances slowed down and weakened. …

RMS, Marshall & Swift/Boeckh Form Partnership to Enhance Property Valuation for Risk Analysis

Newark Calif.-based Risk Management Solutions (RMS), a leading provider of products and services for the management of catastrophe risk, and Marshall & Swift/Boeckh (MS/B), leaders in building cost solutions to the insurance industry, announced that they have partnered to integrate …