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Bermuda Exec: RMS Model Change, 1Q Cats Could Turn Market

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

By Susanne Sclafane | Updated on March 11, 2011

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

Neill Currie was not predicting a market change from the model revision alone but from the combined effect of the model and early-year losses from catastrophic events in Australia and New Zealand.

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