Risk Management Solutions (RMS) and Guy Carpenter & Company, LLC have each released models to assist insurers in managing catastrophic risks, one on the property side, and one on the casualty side.

Guy Carpenter's New York office said its model helps insurers and reinsurers by finding previously concealed casualty vulnerabilities.

Newark, Calif.-based RMS said it was releasing an upgrade to its Simulation Platform designed to address the “clustering” effect of hurricanes – where a sequence of meteorological events occurs within a close period of time and space.

Recommended For You

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:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.