The world is experiencing the extraordinary crisis of the COVID-19 pandemic, coupled with the never-ending climate crisis and escalating cyber threats. Markets, supply chains, economies, societies and assets can be highly susceptible to shocks and damage from these dynamically shifting risks, posing major challenges to understanding the impacts of these risks and to recovery. At… Continue reading RMS Enables Organizations to “Flatten the Curve” from Acute and Chronic Disasters with Modern Risk Technology
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RMS Estimates Insured Losses from Typhoon Faxai to be Between $5B-$9B
RMS, a global risk modeling and analytics firm, has estimated that the insured loss from Typhoon Faxai will be between $5.0 and $9.0 billion (¥ 500 to ¥950 billion). This estimate includes property damage and business interruption caused by typhoon wind and coastal flooding to residential, commercial, industrial, marine, and automobile lines – and includes… Continue reading RMS Estimates Insured Losses from Typhoon Faxai to be Between $5B-$9B