Data Products

RMS data products are designed both for site-specific underwriting and for portfolio management applications. RMS offers a range of property risk and exposure information, including hazard risk data for individual locations and exposure data covering aggregate building inventory and insured values. While many RMS data products are packaged within RMS models, certain data products are licensed directly for in-house use and integration including:
 

	U.S. Hazard Data
	U.S. Industry Exposure & Loss Data
	Japan Industry Exposure & Loss Data
	Europe Industry Exposure & Loss Data
	U.K. Peril Rating Databases

Industry Exposure and Loss Data

The RMS Industry Exposure Databases (IEDs) are a representation of insured values by peril and by line of business for major insurance markets of the world. Industry Loss Curves (ILCs) are created using these industry-wide property exposure databases and RMS RiskLink®-DLM catastrophe models. The RMS exposure database team regularly updates existing databases and works to develop new peril and country coverages. The current suite of IEDs and associated ILCs cover the U.S. at State, County, and ZIP Code level; Europe at CRESTA level; and Japan at Prefecture and City level.

Key Applications

Risk Benchmarking

RMS databases are critical for managing the basic risk that arises from differences between an individual insurer’s portfolio and the industry portfolio. A key step in identifying market opportunities is to compare exposures and losses from an individual company's portfolio to those of the industry. Losses greater than or less than market share representation may assist in fine-tuning capacity allocation and underwriting strategy.

Market Share Analysis

This approach is used when company-specific exposure or loss data is not available. For example, a reinsurer interested in understanding the risk associated with a catastrophe program for a specific primary residential lines insurer may not have access to the company’s exposure data or modeled loss results. By applying the company’s market share to the residential lines exposure database, the reinsurer could generate company-specific potential loss levels and evaluate the proposed catastrophe program.

Evaluation of Industry Loss Triggers

Investment banks, primary insurers, and reinsurers can use these RMS databases to assess the risk associated with industry trigger-based financial instruments such as certain catastrophe bonds and reinsurance contracts.