NU Online News Service, June 18, 1:32 p.m. EDT
Insurers in the United Kingdom may be hit with significant capital-requirement increases due to RMS version 11 catastrophe model, says Willis Re.
RMS' U.K. windstorm and storm surge losses have increased following a combination of more small- and midsize events, a greater propensity for clustered losses, and vulnerability across all lines of business, Willis says.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
