The 2011 Tohoku, Japan Earthquake and Tsunami, occurring on Friday March, 11, 2011, was an industry changing event for the global insurance industry. As part of its services for its insurance clients, Risk Management Solutions (RMS) conducted an extensive „catastrophe response‟, which included ongoing development of earthquake and tsunami modeling parameters and other information for the management of risk in the immediate aftermath of the event to 1 year later. This paper discusses this process
The 2011 Tohoku, Japan Earthquake and Tsunami, occurring on Friday March, 11, 2011, was an industry changing event for the global insurance industry. As part of its services for its insurance clients, Risk Management Solutions (RMS) conducted an extensive „catastrophe response‟, which included ongoing development of earthquake and tsunami modeling parameters and other information for the management of risk in the immediate aftermath of the event to 1 year later. This paper discusses this process