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RMS Expands Web-based Services for Modeling Storm Losses As Forecasters Predict Active Hurricane Season; Prospects for Above Average Number of Storms in 2004 Reinforce Need for Sophisticated Modeling Capabilities.

Publication: PR Newswire
Publication Date: 01-JUN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEWARK, Calif., June 1 /PRNewswire/ -- Prospects for an active hurricane season in 2004 reinforce the need for sophisticated storm tracking and modeling capabilities, Risk Management Solutions (RMS) said today. RMS, the world's leading provider of products and services for the management of catastrophe risk, has launched the 2004 version of RiskOnline(TM), a web-based system that tracks potential insurance losses associated with individual storms that threaten the U.S.

According to the latest hurricane-season forecast issued on May 28 from Colorado State University, the 2004 tropical storm season will feature above average activity. The University is predicting 14 named...

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