TITLE

RMS launches model for global terrorism

PUB. DATE
October 2004
SOURCE
Business Insurance;10/18/2004, Vol. 38 Issue 42, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Risk Management Solutions Inc. (RMS) has launched a tool to help insurers and reinsurers manage terrorism risks outside the United States. RMS Global Terrorism Risk Model allows companies to quantify property, business interruption and casualty risk associated with terrorism for locations in 227 countries. The model takes into account an assessment of local terrorist groups, the "attractiveness" of the location to terrorists, likely attack modes and historical terrorism loss in each region.
ACCESSION #
14887123

 

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