![Page 1: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/1.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
Expanding Model Coverage in Asia: 2014 and Beyond Jason Futers Senior Vice President
![Page 2: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/2.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
COMMITMENT TO MODEL DEVELOPMENT
Claims data partnerships
Innovation New research
Global expansion
Library of solutions
RMS MODELS
Transparency
![Page 3: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/3.jpg)
Confidential ©2014 Risk Management Solutions, Inc. Confidential ©2014 Risk Management Solutions, Inc.
PERILS WITH INADEQUATE OR NOT ENOUGH MODELING SOLUTIONS IN ASIA
58%
16%
10%
8% 4% 2% 2% Inland flood
Tsunami
Typhoon
Earthquake
Storm surge
Drought
Volcano
![Page 4: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/4.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
• New Exposure Datasets
• Flood
• Tsunami
• Typhoon
• Earthquake
• Roadmap Timeline
NEW & UPDATED DATA PRODUCTS AND MODELS
![Page 5: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/5.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
EXPOSURE
DATASETS
![Page 6: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/6.jpg)
Confidential ©2014 Risk Management Solutions, Inc. Confidential ©2014 Risk Management Solutions, Inc.
UNDERSTANDING EXPOSURE BEGINS WITH RELIABLE INSIGHTS
INDUSTRIAL CLUSTERS CATALOG ECONOMIC EXPOSURE DATABASE
Platform independent
SQL EDM and MS Access ESRI shapefile format GIS polygons
Peril independent
![Page 7: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/7.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
HIGH-RESOLUTION INDUSTRY EXPOSURE DATABASES IN KEY COUNTRIES PROVIDE LOCATION LEVEL DETAIL
Floor Area
Example: High resolution exposure in
Japan
Occupancy
No. Stories
New Zealand Japan North
America Europe
![Page 8: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/8.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
Taiwan
Japan
New Zealand
Indonesia
Vietnam Thailand
South Korea
Malaysia
Singapore
Hong Kong
Philippines
EXPANDING EXPOSURE COVERAGE IN APAC
China
Developing
Current
Availability
IED
EED ICC
IED
![Page 9: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/9.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
EXPOSURE: ACROSS THE GLOBE
EED and ICC Asia Pacific
IED and EED Japan
IED Europe
IED and EED New Zealand
IED U.S.A Canada Mexico
Developing
Current
Availability
![Page 10: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/10.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
FLOOD INLAND
![Page 11: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/11.jpg)
Confidential ©2014 Risk Management Solutions, Inc. Confidential ©2014 Risk Management Solutions, Inc.
0.01-0.20
0.2-0.50 0.5-1.00 1-1.50 1.5-2.00 2.0-2.50 2.5-3.00 3.0-3.50 3.5-4.00 4.0-4.50 4.5-5.00 5.0-5.50 >5.50
RMS APPROACH TO FLOOD MODELING PROVIDES USERS A COMPREHENSIVE AND COMPLETE VIEW OF RISK
![Page 12: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/12.jpg)
Confidential ©2014 Risk Management Solutions, Inc. Confidential ©2014 Risk Management Solutions, Inc.
Depth Range (m)
SOUTH KOREA RETURN PERIOD FLOOD MAPS AND SCENARIOS AVAILABLE SOON AT 30M RESOLUTION
0.01-0.20
0.2-0.50 0.5-1.00 1-1.50 1.5-2.00 2.0-2.50 2.5-3.00 3.0-3.50 3.5-4.00 4.0-4.50 4.5-5.00 5.0-5.50 >5.50
![Page 13: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/13.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
China
Developing
Current
Availability
South Korea
Japan
EXPANDING FLOOD COVERAGE IN APAC
Taiwan
TBD
Indonesia
Thailand
Typhoon driven flood
Typhoon driven flood
Developing
![Page 14: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/14.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
U.S.A South Korea Japan
Europe
Developing
Current
Availability
FLOOD: ACROSS THE GLOBE
Taiwan,
![Page 15: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/15.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
TSUNAMI
![Page 16: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/16.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
TSUNAMI SCENARIO COVERAGE ACROSS THE GLOBE
• Manage accumulations
• Flag high-risk locations when underwriting
• Deterministic modeling - apply loss ratios to exposure to estimate potential losses to scenarios
![Page 17: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/17.jpg)
Confidential ©2014 Risk Management Solutions, Inc. Confidential ©2014 Risk Management Solutions, Inc.
GLOBAL TSUNAMI SCENARIO CATALOG: 2011 JAPAN EVENT
![Page 18: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/18.jpg)
Confidential ©2014 Risk Management Solutions, Inc. Confidential ©2014 Risk Management Solutions, Inc.
GLOBAL TSUNAMI SCENARIO CATALOG: 2011 JAPAN EVENT
![Page 19: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/19.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
TYPHOON
![Page 20: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/20.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
Taiwan
China
Developing
Current
Availability
South Korea
Vietnam
EXPANDING COVERAGE OF TYPHOON IN ASIA
Philippines
South East Asia
Japan
Basin-wide event set captures correlation of typhoon risk
3 Peril model for complete view of risk
High Resolution to support underwriting
Wind Inland Flood
Coastal Flood
![Page 21: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/21.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
Developing
Current
Availability
WIND: ACROSS THE GLOBE
V.15 U.S.A Canada Mexico
South East Asia
Japan
V.15 Europe
![Page 22: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/22.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
EARTHQUAKE
![Page 23: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/23.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
• High resolution template for future earthquake models
NEW ZEALAND EARTHQUAKE
LIQUEFACTION
FIRE FOLLOWING PROBABILISTIC TSUNAMI
BUSINESS INTERRUPTION
![Page 24: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/24.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
China
Developing
Current
Availability
Japan
Australia India
New Zealand Philippines
Vietnam Thailand
Malaysia
EXPANDING EARTHQUAKE COVERAGE IN APAC
Indonesia
![Page 25: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/25.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
U.S.A Canada Mexico
South East Asia
Japan
New Zealand
Developing
Current
Availability
EARTHQUAKE: ACROSS THE GLOBE
![Page 26: Expanding Model Coverage in Asia: 2014 and Beyondforms2.rms.com/rs/729-DJX-565/images/06_rms...Asia.pdfHD SE Asia EQ . HD Asia Typhoon . MODEL ROADMAP – TARGET RELEASE TIMINGS](https://reader030.vdocuments.us/reader030/viewer/2022041121/5f35a726e0f2cd02140f8f12/html5/thumbnails/26.jpg)
Confidential ©2014 Risk Management Solutions, Inc.
Exposure Data for Asia
South Korea hazard maps
Global Tsunami Scenario Catalog
Version 15
North Atlantic Hurricane update
Europe Windstorm update
HD Japan Typhoon (wind + flood)
HD Europe Flood
HD NZ EQ
HD North America Earthquake
HD US Flood
HD SE Asia EQ
HD Asia Typhoon
MODEL ROADMAP – TARGET RELEASE TIMINGS
to be scheduled:
Asia flood maps
Japan Earthquake
Europe hail, SCS, surge
HD North Atlantic HU
Timings subject to change: uncertainty is greatest further into the future
Taiwan flood maps
U.S. coastal flood maps
Europe-wide flood maps
U.S. inland flood maps