RMS upgrades Hawaii hurricane model

The new model has a stochastic database of more than 2,500 representative hurricane events that can impact Hawaii, an enhanced analytical capability for assessing the risk from hurricanes that make landfall on more than one island, and windfield modelling that incorporates the effect of terrain. RMS also claimed that the model will provide more detailed representation of building vulnerability, including construction classes unique to Hawaii.

The insured risk from hurricanes in the US’ 50th state

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At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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