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RMS models had previously assumed that wind was very concentrated at the shoreline and then quickly dissipated. Not so anymore, with disasters like Hurricane Ike in recent memory.

NU Online News Service, March 8, 12:24 p.m.

The industry should “stay tuned” as the revised catastrophe model from Risk Management Solutions rolls out, the chief executive officer of RenaissanceRe told NU Online News  Service, describing the model changes and potential market impacts as meaningful.

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