September 2014 Newsletter


Cat Events







A Message from Matthew Grant: An RMS(one) and Model Update

2014 Atlantic Hurricane Season Update: Not Quite 2004

Managing the Changing Landscape of Terrorism Risk

Understanding Aftershock Risk: The 10th U.S. National Conference on Earthquake Engineering

Speaking & Events

Bermuda in Boston Reinsurance Conference
September 23, Boston

Financial Risk and Network Theory
September 23, Cambridge

IUA Catastrophe Risk Management Conference 2014
September 30, London

Actuarial Society 2014 Convention
October 22, South Africa

Institutional Investor Institute Swiss, German and Austrian Pension Roundtable 2014
October 30, Zurich

In:Site World Tour
October - December, APAC

Exceedance 2015
April 27-30, 2015, Florida


Document Updates

Europe Windstorm Model Update - Scope and Rationale

North Atlantic Hurricane V15 Model Update - Scope and Rationale

Perils Models, Industry Exposure Databases, and Industry Loss Curves List

Probabilistic Terrorism Model Version 3.1.4: Understanding Changes in Results

Probabilistic Terrorism Model Version 3.1.4: International Terrorism Risk Model 2015 Parameterization


Contact Us
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Product Support

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RMS Update from Matthew Grant

As I mentioned in my last blog post, tomorrow RMS is presenting an update on the progress of RMS(one)® and the momentum of our modeling agenda at the investor day for our parent company, DMGT. I want to share some of the highlights of that presentation. Read more>>

Version 15.0 Release Coming in 2015

In the Spring of 2015, as part of the version 15.0 release, RMS will update the Europe Windstorm and North Atlantic Hurricane Models. The updated models will provide up-to-date views of risk based on the latest science, data, and methodology refinements.

As part of the pre-release guidance, RMS has developed overview presentations to provide context around the scope, rationale, and impact of the updated models.

2014 Atlantic Hurricane Season Update
The 2014 Atlantic Hurricane Season is already half over, and with only five named storms in the books and El Niño conditions likely by late fall, all signs are pointing to a below-average season.

Understanding Risk and Exposure in Asia

Learn how RMS high-resolution Economic Exposure Databases and Industrial Cluster Catalogs can be used to identify new business opportunities, support underwriting guidelines, and assess overall exposure across Asia.

Exposure Datasets for Indonesia Now Available
The Indonesia Economic Exposure Database and Industrial Cluster Catalog are now available. The database captures building replacement values by line of business and by administrative regions, and the catalog provides precise location, footprints, and additional data, such as industry types, for industrial clusters. Email asia-exposure@rms.com for more information.

In:Site 2014 – Singapore, Beijing, and Tokyo – Register Today
At In:Site this fall, we will examine the risk of Asia’s complex and often underestimated natural hazards, particularly in today’s environment of rapidly growing exposure and changing regulatory practices. Register today, and see what’s happening at In:Site Singapore, Beijing, and Tokyo.

Model Insights

RMS Offshore Platform Industry Exposure Database – September Update
The 2014 RMS Offshore Platform Industry Exposure Database has been updated to reflect the most up-to-date exposure data about mobile rigs. It will continue to be updated monthly throughout the 2014 North Atlantic hurricane season. Clients who license this database can contact their account manager to request access to the data files. Read the documentation.

RMS U.S. Enhanced FEMA Flood Zone Data Update
The third quarter update to the 2014 RMS U.S. Enhanced FEMA Flood Zone Data (2014 Package 3) is now available. This update reflects all changes made to FEMA Flood Insurance Rate Maps between April-June 2014, in addition to the October 2013–March 2014 revisions included in 2014 Package 2. More on RMS U.S. Enhanced Flood Zone Data.

Understanding Earthquake Risk
The science of forward prediction of earthquake aftershock risk remains an active area of research. Nilesh Shome explores.

Managing the Changing Landscape of Terrorism Risk
Chris Folkman explores the RMS approach to terrorism modeling, and implications for the recently updated RMS Probabilistic Terrorism Model.

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