Yet Another Terrorism Risk Model Announced

Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, yesterday launched its U.S. Terrorism Risk model, a model designed to assist property, workers compensation, and life insurers and reinsurers in quantifying the risk from catastrophic terrorist attacks. The model was developed with input from, and in collaboration with, experts in terrorism, weapons systems, and security from the U.S. and around the world. Advisors included representatives from the Centre for the Study of Terrorism and Political Violence (CSTPV), University of St. Andre...