RMS, a catastrophe modeling firm, has updated its Probabilistic Terrorism Model to incorporate new views of terrorism risk for Canada, Denmark, Ireland, Italy and the United Kingdom.
The RMS terrorism model includes a catalog of more than 90,000 attack scenarios and almost 10,000 terrorism targets, offering insight to the drivers of loss for a portfolio of risk. The model incudes only large-scale events that could threaten the solvency of an insurer or reinsurer; such events have caused minimal insured losses in recent years. The analyses offer a detailed view of the hazard and vulnerability across different types of attacks. The RMS view of attack probability is calibrated based on attack, plot and countersecurity data from open source intelligence.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access