RMS hurricane model update shows lower losses

Modelling agency RMS has said that annual average losses for US
hurricane activity will come in notably lower under the 2017 update
to its medium-term storm model.
The agency updates the near-term models every two years and the
latest projection takes into account the quiet seasons that took
place during 2011-2015.
As a result, the model will show a 16 percent drop in annual
average losses for US storms, as sister publication
Trading Risk reported last week - a
development...