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posted on Nov. 27, 2006
RMS Reaffirms Five-Year View of Increased Hurricane Activity in Atlantic Basin
Risk Management Solutions (RMS) reaffirmed on Nov. 22 its medium-term five-year view of landfalling hurricane risk for the period of 2007-2011. The company is projecting higher modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida, and the Southeast, and by 25 percent to 30 percent in the Mid-Atlantic and Northeast coastal regions relative to those derived using long-term 1900-2006 historical average hurricane frequencies. RMS first released this view of risk before the 2006 hurricane season, for the five-year period of 2006-2010.
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