RMS, the global risk modeling and analytics firm, today announces that Insurance Australia Group (IAG), a leading multinational insurer, has licensed the RMS High Definition New Zealand Earthquake Model. The RMS High Definition (HD) New […]
Wildfire damage in the US State of California is up sharply compared to last year, creating a major problem for insurers, says Risk Management Solutions. In news reports, CNN has called the Carr Fire the sixth […]
The report was written to increase understanding of the impact of ENSO on tornado and hail frequencies, and to introduce the concept of ENSO-conditioned event rates. […]
The Lloyd’s insurance market’s planned expansion into emerging markets is a net positive, even though writing insurance outside of established markets carries additional risks, according to Fitch Ratings.
Fitch said it expects the economic development of emerging market economies to boost demand for insurance and reinsurance. Lloyd’s already writes 25% of its business outside of Europe and North America, with the growth of insurance premiums outpacing that of developed markets. […]
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