RMS News

RMS Launches New Climate Change Models

New Solutions Turn Climate Change Science into Business Risk Insights and Strategy Newark, CA – March 22, 2021 – RMS, the world’s leading catastrophe risk solutions company, today announced the forthcoming launch of a new suite of Climate Change Models …

TigerRisk Strengthens Global View of Catastrophe Risk With Next-Generation RMS High-Definition Models

TigerRisk adopts the full RMS global models suite NEWARK, Calif. – March 17, 2021 – RMS®, the world’s leading catastrophe risk solutions company, and TigerRisk Partners, the leading risk, capital, and strategic advisor to the global insurance and reinsurance industry, …

RMS Updates Cyber Application Offerings, Targets ‘Silent’ Cyber Risks

Catastrophe modeler RMS has made updates to its cyber offerings to target emerging cyber risks. Among the updates is the new Cyber Solutions Version 5.0 application that allows users to price and select cyber risks without large amounts of historical …

RMS Estimates that Total Insured Losses from the 2020 Western U.S. Wildfires Will Be Between US$7bn – US$13bn

Latest RMS estimate includes loss from new fires that started and spread following the previous RMS loss estimate in September Newark, CA – December 15, 2020 – RMS, the world’s leading catastrophe risk solutions company, estimates insured losses from the …

RMS Collaborates with Willis Re and Securian Financial on Launching the First Indemnity-Based Mortality Catastrophe Bond

London, UK – 23 Nov, 2020 – RMS, the world’s leading catastrophe risk modeling company, collaborated with Willis Re Securities and Securian Financial to launch the new La Vie Re Limited (Series 2020-1) mortality catastrophe bond providing US$100m of reinsurance …

RMS Says Insured Losses from 2020 Western U.S. Wildfires $7-$13B

RMS estimates insured losses from the record-breaking western U.S. wildfires this season will be between $7 and $13 billion. These losses reflect estimates as of Dec. 1. The ignition of the highly damaging Glass Fire and additional spread of the …

RMS: Total Onshore U.S. Insured Zeta Losses Could Rise to $5B

Catastrophe risk modeler RMS has estimated that insured on losses from Hurricane Zeta could rise to as high as $5 billion in the U.S. That figure is slightly higher than estimates announced by catastrophe modelers AIR Worldwide, CoreLogic and Karen …

RMS Releases High Definition Models for European Severe Convective Storm

RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS) High Definition Models. The models represent 50,000 years of simulation of hail and straight-line wind and tornado risk and include …

Good Piece of Advice from RMS CEO About Assessing a Change in Jobs

Karen White, CEO of RMS, said one of the best decisions in her career was to join Oracle, which took her career on a different trajectory. At the time, in 1993, she had a very secure position as CEO with …

RMS CEO White: Embracing Change in a Transforming Industry

During her career, Karen White, the CEO of RMS, has had a front-row seat to observe what happens with companies and industries in transformation and how enormous value—and disruption—can be created. While some people are afraid of change, White embraces …