Reinsurance News

RMS appoints head of global models and climate risks

21st July 2022 - Author: Pete Carvill

RMS has brought Claire Souch back into the fold as its new head of global models and climate risks.

RMS logoIn her new role, Souch will lead on the expansion of core natural catastrophe models, the integration of climate risk factors to them, as well as on development of new climate risk focused models as well.

Announcing her new role on Linkedin, Souch said that this will include working on chronic climate related perils such as water stress, heat stress, sea-level rise and drought.

Souch said: “I return to RMS in the middle of an extreme heatwave across western Europe, watching temperature records tumble and water stresses mounting across the world, as the demand for climate risk information is growing across insurance, banking, corporates, sovereigns, and many others.”

Souch had previously worked at RMS for fourteen years from 2000, working up through the catastrophe modelling organisation from risk analyst to senior vice president.

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This news comes not long after the firm said that it was launching new global views for acute and chronic perils and their climate change impact.

At the time, RMS said that its global views would extend the company’s peril and climate change impact coverage to provide fully correlated global views of risk, and include event frequency and severity, and analysis for current baseline and future climate views.

The new global views also will also deliver a view of risk for acute peril-specific risks, alongside chronic risks such as drought, heat stress, water stress, and sea-level rise.

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