RMS Global Catastrophe Model Leader Launches First Climate Change Models, Enabling New Risk Insights Sponsored Content By Newswire | May 6, 2021
New Climate Change Models Show Impact of Climate Change on Losses; Losses from Hurricanes Could Increase by 24 percent by 2050
Newark, Calif., May 5, 2021 – RMS, the world’s leading catastrophe risk modeling and solutions company, revealed that according to its new Climate Change Models, and based on today’s exposures, insured average annual losses (AAL) from North Atlantic Hurricane wind could increase by as much as 24 percent by 2050[ ], and European Flood risk AAL could increase by up to 59 percent by 2050[ ], based on no mitigating factors taken.