RMS Global Catastrophe Model Leader Launches First Climate Change Mode…

RMS, the world’s leading catastrophe risk modeling and solutions company, revealed that according to its new Climate Change Models, and based on today’s exposures, insured average annual losses (AAL) from North Atlantic Hurricane wind could increase by as much as 24 percent by 2050p[*], and European Flood risk AAL could increase by up to 59 percent by 2050[**], based on no mitigating factors taken. The new RMS Climate Change Models combine the RMS financial impact modeling framework with ...