UK insurers face capital hike under RMS v11
UK insurers may see increases of up to 97% in their capital requirement for catastrophe exposures under Solvency II rules when making calculations under the new RMS model version 11, with French and German insurers facing similar though not quite so steep increases.
The findings appear in a report released today by Willis Re, the reinsurance arm of broker Willis Group.
The report reviewed the modelling changes to the RMS windstorm and storm surge modelled losses
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