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19 April 2018

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RMS hurricane model update shows lower losses

Fiona Robertson 14 February 2017

Modelling agency RMS has said that annual average losses for US hurricane activity will come in notably lower under the 2017 update to its medium-term storm model.

The agency updates the near-term models every two years and the latest projection takes into account the quiet seasons that took place during 2011-2015.

As a result, the model will show a 16 percent drop in annual average losses for US storms, as sister publication Trading Risk reported last week - a development...

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This article was published as part of issue February 2017/2

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