Q-Re, a Qatar-based independent reinsurer, has signed a three-year agreement with RMS for its catastrophe modeling software, which the company said it will use to manage earthquake risk across Asia.

“Following a thorough review, we decided RMS products were the best fit based on our technical requirements, the value provided and, most importantly, the company’s investment in developing solutions for our core market,” said Dermot Dick, CEO, Q-Re. “We look forward to a fruitful partnership with RMS in the coming years as we grow our business, knowing that we are working with the best.

RMS said the agreement proves a growing demand for catastrophe risk models in the Middle East.

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