Risk Management Solutions (RMS) has added three new Eastern European countries to its Europe Windstorm Model, Post Online reports. The model now covers 15 nations, including Poland, Slovakia and the Czech Republic, and offers a constant risk analysis and opportunities for portfolio diversification.
The revised model will allow firms to make realistic capacity allocation, capital management decisions and establish appropriate reinsurance structures and pricing. Companies will also be able to review the sensitivity of model results to multiple events in a given year.
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