RMS®, the world’s leading catastrophe risk solutions company, estimates that the total U.S. insured losses from Hurricane Nicholas to be between $1.1 and $2.2 billion. This estimate represents insured losses associated with wind, storm surge, and precipitation-induced flooding, including losses to the National Flood Insurance Program (NFIP). Nicholas made landfall on September 14, 2021 near… Continue reading RMS Estimates $1.1-$2.2B in Total U.S. Insured Losses from Hurricane Nicholas
Tag: catastrophe risk solutions
RMS Launches New Climate Change Models
RMS, the world’s leading catastrophe risk solutions company, today announced the forthcoming launch of a new suite of Climate Change Models to help customers assess the near and long term impacts of climate change on physical assets and their businesses, in order to make the best possible risk and financial decisions. According to RMS CEO,… Continue reading RMS Launches New Climate Change Models
RMS Estimates Total Insured Losses from the 2020 Western U.S. Wildfires Between $7B-$13B
RMS, the world’s leading catastrophe risk solutions company, estimates insured losses from the record-breaking western U.S. wildfires this season will be between US$7.0 and US$13.0 billion. These losses reflect estimates as of December 1, 2020 and represent an update from the previously estimated losses from fires up to September 20, 2020. The ignition of the… Continue reading RMS Estimates Total Insured Losses from the 2020 Western U.S. Wildfires Between $7B-$13B