RMS CEO White: Embracing Change in a Transforming Industry March 19, 2020 By L.S. Howard During her career, Karen White, the CEO of RMS, has had a front-row seat to observe what happens with companies...
RMS Appoints Steel as Global Head of Business Development March 16, 2020 RMS, the catastrophe risk modeling company, announced the appointment of Michael Steel as global head of Business Development, joining the...
Insured Losses for Europe’s Storm Ciara-Sabine Could Hit $2 Billion: Modeling Firms February 14, 2020 Catastrophe risk modeling firm AIR Worldwide estimates that insured losses due to wind from Europe’s winter storm Ciara (also known...
A Tale of Two Californias: Managing Wildfire Risk in the Year 2030 February 6, 2020 By Chris Folkman For most of the 20th century, the insurance industry considered wildfires to be little more than a benign nuisance. They...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Is the Re/Insurance Industry Ready for the Fourth Industrial Revolution? January 29, 2020 By L.S. Howard Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment January 10, 2020 By L.S. Howard Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires...
Insured Losses from Typhoon Hagibis Estimated at $7B-$11B: RMS November 1, 2019 Insured losses stemming from Typhoon Hagibis in Japan are estimated to range between US$$7 billion and $11 billion, according to...
Update: Super Typhoon Hagibis Tracks Toward Japan; Guy Carpenter, RMS Comment October 10, 2019 Super Typhoon Hagabis has been a category 5 for much of the first half of this week, but fortunately is...
Insured Losses from Typhoon Faxai Estimated at US$5 Billion to US$9 Billion: RMS September 30, 2019 RMS, the Newark, Calif.-based risk modeling and analytics firm, has estimated that the insured loss from Typhoon Faxai will be...