CINXE.COM
European Risk Modeling & Risk Management Data | RMS
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id="block-rms-content"> <article role="article" about="/solutions/europe" typeof="schema:WebPage"> <span property="schema:name" content="Europe" class="hidden"></span> <div> <section class="banner-with-carousel adjust-banner wow fadeIn " data-wow-delay="0.4s" > <div class="bg-img wow fadeIn" data-wow-delay="0.5s"> <img src="/sites/default/files/content/paragraph/banner-with-video-card/2021-08/solutions-europe.jpeg" width="1440" height="600" alt="Unique Solutions for the European Market" loading="lazy" typeof="foaf:Image" /> </div> <div class="row-wrapper"> <div class="container"> <div class="col-two inner-content"> <h1>Unique Solutions for the European Market</h1> <h5> Comprehensive, consistent, and independent solutions and services across the risk decision chain for all major catastrophe risks throughout Europe. </h5> </div> <div class="col-two right-block "> <div class="slider-outer-block"> <div class="items news-video"> <div class="row-wrap"> <div class="col-box media-block"> <a href="https://www.rms.com/events/season-of-flood" > <img src="/sites/default/files/content/paragraph/banner-with-cars-items/2021-08/SeasonOfFlood_209x196_1.jpg" width="436" height="410" alt="European Flood Series" loading="lazy" typeof="foaf:Image" /> </a> </div> <div class="col-box content-block"> <a href="https://www.rms.com/events/season-of-flood">European Flood Series</a> <h4>European Flood Series</h4> <p>Join us as we journey across major European cities seen through the lens of flood risk past, present, and future</p> <div class="button-block"> <a href="https://www.rms.com/events/season-of-flood" class="learn-more">Register Now</a> </div> </div> </div> </div> </div> </div> </div> </div> </section> <section class="intro-section no-padding-bottom " > <div class="container wow fadeInUp " data-wow-delay="0.3s"> <div class="intro-box align-center"> <h2 class="h3">Differentiate Your Business</h2> <p>With consistent analytics from underwriting and accumulation management through reinsurance and capital allocations, Moody's delivers solutions at a country level, correlated across Europe for better decision-making.</p> <div class="button-box"> </div> </div> </div> </section> <section class="col-three-with-text no-padding-top" > <div class="container wow fadeInUp" data-wow-delay="0.5s" > <div class="row three-col-wrap"> <div class="col-lg-4 col-md-6 col-sm-6 col-xs-12 content-column"> <h4>Capture the Full Risk Potential</h4> <p><p>Leverage an independent and comprehensive view of risk with consistent multi-peril data and modeling solutions across Europe.</p></p> </div> <div class="col-lg-4 col-md-6 col-sm-6 col-xs-12 content-column"> <h4>Grow Your Business Capacity</h4> <p><p>Work with our expert advisors to improve your exposure and catastrophe risk management practices.</p></p> </div> <div class="col-lg-4 col-md-6 col-sm-6 col-xs-12 content-column"> <h4>Unified Risk Management Solutions</h4> <p><p>Leverage the latest generation of catastrophe models and build a rich and consistent understanding of your YoY risk on a single platform with Risk Intelligence.</p></p> </div> </div> </div> </section> <section class="col-four-with-slider no-padding-top three-slides" > <div class="overview-block wow zoomIn" data-wow-delay="0.5s"> <div class="container"> <h2>Innovative Solutions</h2> <p>Backed by more than 30 years of global model development, Moody's is committed to industry-leading science and has pioneered many innovations in catastrophe models and risk management.</p> <div class="button-box"> </div> </div> </div> <div class="content-outer"> <div class="container"> <div class="slider-block wow fadeIn" data-wow-delay="0.5s"> <div class="slide-outer"> <div class="item-box"> <div class="no-state"> <div class="text-block"> <h3>Extended Peril Coverage</h3> <p> We can help support your emerging risk strategy by offering extensive model coverage for the region, including windstorm, flood, severe convective storm, and earthquake. </p> </div> </div> <div class="hover-state"> <div class="content-footer"> <h3>Extended Peril Coverage</h3> </div> </div> </div> <div class="item-box"> <div class="no-state"> <div class="text-block"> <h3>Industry Relationships</h3> <p> Our relationships with scientific entities, local engineers, and building structure experts integrate the most modern science, data, and historical events in our view of risk. </p> </div> </div> <div class="hover-state"> <div class="content-footer"> <h3>Industry Relationships</h3> </div> </div> </div> <div class="item-box"> <div class="no-state"> <div class="text-block"> <h3>Pioneering Research</h3> <p> Moody's works with local scientific agencies and researchers to remain at the forefront of pioneering research and development in global earthquake risk. </p> </div> </div> <div class="hover-state"> <div class="content-footer"> <h3>Pioneering Research</h3> </div> </div> </div> <div class="item-box"> <div class="no-state"> <div class="text-block"> <h3>Event Response</h3> <p> 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Our aim is to help companies optimize their investment in Moody's insurance solutions technology, accelerate "time to value," and minimize implementation risk.</p> <p>We provide analysis and guidance on the best use of Moody's insurance solutions data, models, and technology, including:</p> <ul> <li>Workflow automation and system integration</li> <li>Custom technology solutions for unique use cases</li> <li>Software deployment and configuration </li> <li>Adoption assurance services to ease the transition to new software and workflows</li> </ul> <div class="button-box"> <a href="/services/implement-a-solution" class="learn-more">Learn More</a> </div> </div> <div class="col-two bg-img "> <div class="img-wrapper"> <div class="top-border"></div> <img loading="lazy" src="/sites/default/files/content/paragraph/info-with-tabs/2021-09/analytical-services_0.jpeg" alt=""> </div> </div> </div> <div class="text-with-image tab-text " id="tab-D"> <div class="col-two text-content"> <h4>Manage Your Business</h4> <p>Building an agile modeling and risk management operation is a necessity for any organization. From flexing your resources at peak demand periods, relieving your team of excessive workloads, to outsourcing your modeling, you can quickly expand your analytics capabilities with Moody's insurance solutions analytical services. </p> <p>Our global team of over 350 analysts can work in tandem with your organization to save you time and resources, cover peaks and troughs in workload, meet regulatory filing pressures, accelerate model adoption, and explore new areas of risk. It’s a complete risk modeling operation whenever you need it to help with projects including, but not limited to:</p> <ul> <li>Exposure data enrichment </li> <li>Account and cedant modeling</li> <li>Portfolio modeling</li> <li>Regulatory and management reporting</li> <li>Bespoke analytics</li> </ul> <div class="button-box"> <a href="/services/manage-your-business" class="learn-more">Learn More</a> </div> </div> <div class="col-two bg-img "> <div class="img-wrapper"> <div class="top-border"></div> <img loading="lazy" src="/sites/default/files/content/paragraph/info-with-tabs/2021-09/strategic-consulting-and-solution_0.jpeg" alt=""> </div> </div> </div> </div> </div> </section> <section class="intro-section bg-grey " > <div class="container wow fadeInUp " data-wow-delay="0.3s"> <div class="intro-box align-center"> <h2 class="h3">Europe, Middle East, and Africa (EMEA) Model Coverage</h2> <div class="button-box"> </div> </div> </div> </section> <section class="col-two-tabs bg-grey "> <div class="container"> <div class="wrapper"> <div class="content-wrap"> <div class="column-4"> <div class="img-wrap"> <img loading="lazy" src="/themes/custom/rms/templates/dist/images/maps/europe-map-2.svg" alt="Europe Map"> </div> </div> <div class="column-8"> <div class="tabs-wrap"> <h6>Earthquake</h6> <div class="list-wrap"> <ul> <li> <strong>Europe</strong> </li> <li>Andorra</li> <li>Austria</li> <li>Azores</li> <li>Belgium</li> <li>Bulgaria</li> <li>Canary Islands</li> <li>France (including Monaco)</li> <li>Germany</li> <li>Greece</li> <li>Hungary</li> <li>Ireland</li> <li>Italy (including San Marino and Vatican City)</li> <li>Liechtenstein</li> <li>Luxembourg</li> <li>Monaco</li> <li>Netherlands</li> <li>Portugal (including Madeira Islands)</li> <li>Romania</li> <li>Slovenia</li> <li>Spain (including Canary Islands)</li> <li>Switzerland</li> <li>Turkey</li> <li>United Kingdom</li> <li> <strong>Middle East</strong> </li> <li>Israel</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>Industrial Facilities</h6> <div class="list-wrap"> <ul> <li>Andorra</li> <li>Austria</li> <li>Belgium</li> <li>Bulgaria</li> <li>Czech Republic</li> <li>Denmark</li> <li>France (including Monaco)</li> <li>Germany</li> <li>Greece</li> <li>Hungary</li> <li>Ireland</li> <li>Italy (including San Marino and Vatican City)</li> <li>Liechtenstein</li> <li>Luxembourg</li> <li>Netherlands</li> <li>Norway</li> <li>Poland</li> <li>Portugal (including Madeira Islands)</li> <li>Romania</li> <li>Slovakia</li> <li>Slovenia</li> <li>Spain (including Canary Islands)</li> <li>Sweden</li> <li>Switzerland</li> <li>Turkey</li> <li>United Kingdom</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>Inland Flood</h6> <div class="list-wrap"> <ul> <li>Austria</li> <li>Belgium</li> <li>Czech Republic</li> <li>France (including Monaco)</li> <li>Germany</li> <li>Hungary</li> <li>Ireland</li> <li>Italy (including San Marino and Vatican City)</li> <li>Liechtenstein</li> <li>Luxembourg</li> <li>Monaco</li> <li>Poland</li> <li>Slovakia</li> <li>Switzerland</li> <li>United Kingdom</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>LifeRisks - Infectious Disease</h6> <div class="list-wrap"> <ul> <li> <strong>Africa</strong> </li> <li>South Africa</li> <li> <strong>Europe</strong> </li> <li>Austria</li> <li>Belarus</li> <li>Belgium</li> <li>Bulgaria</li> <li>Croatia</li> <li>Czech Republic</li> <li>Denmark</li> <li>Estonia</li> <li>Finland</li> <li>France (including Monaco)</li> <li>Germany</li> <li>Greece</li> <li>Hungary</li> <li>Iceland</li> <li>Ireland</li> <li>Italy</li> <li>Latvia</li> <li>Lithuania</li> <li>Luxembourg</li> <li>Netherlands</li> <li>Norway</li> <li>Poland</li> <li>Portugal (including Madeira Islands)</li> <li>Russia</li> <li>Slovakia</li> <li>Slovenia</li> <li>Spain (including Canary Islands)</li> <li>Sweden</li> <li>Switzerland</li> <li>Turkey</li> <li>Ukraine</li> <li>United Kingdom</li> <li> <strong>Middle East</strong> </li> <li>Bahrain</li> <li>Israel</li> <li>Qatar</li> <li>United Arab Emirates</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>LifeRisks - Longevity, Excess Mortality</h6> <div class="list-wrap"> <ul> <li>France (including Monaco)</li> <li>Germany</li> <li>Netherlands</li> <li>United Kingdom</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>Marine Cargo & Specie</h6> <div class="list-wrap"> <ul> <li>Andorra</li> <li>Austria</li> <li>Belgium</li> <li>Bulgaria</li> <li>Czech Republic</li> <li>Denmark</li> <li>France (including Monaco)</li> <li>Germany</li> <li>Greece</li> <li>Hungary</li> <li>Ireland</li> <li>Italy (including San Marino and Vatican City)</li> <li>Liechtenstein</li> <li>Luxembourg</li> <li>Netherlands</li> <li>Norway</li> <li>Poland</li> <li>Portugal (including Madeira Islands)</li> <li>Romania</li> <li>Slovakia</li> <li>Slovenia</li> <li>Spain (including Canary Islands)</li> <li>Sweden</li> <li>Switzerland</li> <li>Turkey</li> <li>United Kingdom</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>Probabilistic Terrorism Model</h6> <div class="list-wrap"> <ul> <li>Belgium</li> <li>Denmark</li> <li>France (including Monaco)</li> <li>Ireland</li> <li>Italy</li> <li>Turkey</li> <li>United Kingdom</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>Severe Convective Storm</h6> <div class="list-wrap"> <ul> <li>Austria</li> <li>Belgium</li> <li>Czech Republic</li> <li>Denmark</li> <li>France (including Monaco)</li> <li>Germany</li> <li>Ireland</li> <li>Italy (including San Marino and Vatican City)</li> <li>Liechtenstein</li> <li>Luxembourg</li> <li>Netherlands Norway</li> <li>Poland</li> <li>Slovakia</li> <li>Sweden</li> <li>Switzerland</li> <li>United Kingdom</li> </ul> </div> </div> <div class="tabs-wrap"> <h6>Windstorm</h6> <div class="list-wrap"> <ul> <li>Austria</li> <li>Belgium</li> <li>Czech Republic</li> <li>Denmark</li> <li>France (including Monaco)</li> <li>Germany</li> <li>Ireland</li> <li>Luxembourg</li> <li>Netherlands</li> <li>Norway</li> <li>Poland</li> <li>Slovakia</li> <li>Sweden</li> <li>Switzerland</li> <li>United Kingdom</li> </ul> </div> </div> </div> </div> </div> </div> </section> <section class="intro-section no-padding-bottom no-padding-top " > <div class="container wow fadeInUp " data-wow-delay="0.3s"> <div class="intro-box align-center"> <h2 class="h3">Related Products</h2> <div class="button-box"> </div> </div> </div> </section> <section class="infor-detail" > <div class="container wow fadeInUp" data-wow-delay="0.4s"> <div class="column-wrapper"> <div class="card-wrap"> <a href="/risk-intelligence/risk-modeler"> <span class="sr-only">link</span> </a> <div class="img-box"> <img loading="lazy" src="/sites/default/files/content/paragraph/col-three-insights2021-09/risk-modeler.jpeg" width="366" height="288" alt="Risk Modeler" typeof="foaf:Image" /> </div> <div class="content-text"> <h5>Risk Modeler <span></span> </h5> <p>Leverage structure-based modeling and analytical tools, including intelligent model processing and big 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</div> </div> </div> </section> <section class="intro-section no-padding-bottom " > <div class="container wow fadeInUp " data-wow-delay="0.3s"> <div class="intro-box align-center"> <h2 class="h3">Spotlight</h2> <div class="button-box"> </div> </div> </div> </section> <section class="reference-carousel-with-img no-padding-top" > <div class="container wow fadeInUp" data-wow-delay="0.4s"> <div class="col-wrapper"> <div class="inner-wrapper"> <div class="col-item"> <div class="row"> <div class="col-md-4 col-sm-12 media-block"> <div class="img-box"> <a href="/catastrophe-modeling"> <img loading="lazy" src="/sites/default/files/content/paragraph/product-carousel/2021-05/catastrophe-modeling.jpeg" width="720" height="480" alt="What is catastrophe modeling?" typeof="foaf:Image" /> </a> </div> </div> <div class="col-md-8 col-sm-12 content-block"> <h4><a href="/catastrophe-modeling">How Moody's insurance solutions is raising the bar in catastrophe modeling</a></h4> <div class="description"> <p>In order to help our customers outperform their competition, Moody's is on a continuous quest to build high-quality models using the best available data, science, people, and technology. 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Our approach makes all the difference.</p> <p>Learn about catastrophe modeling and the latest advances in Modeling.</p> </div> <span class="remaining-text"> </span> <div class="button-box"> <a href="/catastrophe-modeling" class="learn-more">Learn More</a> </div> </div> </div> </div> <div class="col-item"> <div class="row"> <div class="col-md-4 col-sm-12 media-block"> <div class="img-box"> <a href="https://www.rms.com/france-infopage"> <img loading="lazy" src="/sites/default/files/content/paragraph/product-carousel/2021-06/euro-france-page.jpg" width="360" height="240" alt="France Info Page" typeof="foaf:Image" /> </a> </div> </div> <div class="col-md-8 col-sm-12 content-block"> <h4><a href="https://www.rms.com/france-infopage">New Moody's France Welcome Page in Local Language</a></h4> <div class="description"> <p>Learn about our unique risk management solutions in France and meet the local Moody's Insurance Solutions team.</p> </div> <span class="remaining-text"> </span> <div class="button-box"> <a href="https://www.rms.com/france-infopage" class="learn-more">Learn More</a> </div> </div> </div> </div> </div> <div class="button-wrap"> <span class="pre-btn"></span> <div class="dots-outer"></div> <span class="next-btn"></span> </div> </div> </div> </section> <section class="slider-image-with-text bg-grey no-margin-bottom" > <div class="container wow fadeInUp" data-wow-delay="0.4s"> <div class="column-wrapper"> <div class="slider"> <div class="item has-link" data-id=""> <div class="card align-top"> <div class="image-box"> <img loading="lazy" src="/sites/default/files/content/paragraph/spotlightv3/card-image/2021-02/Securis-resource.jpg" width="600" height="600" alt="Securis" typeof="foaf:Image" /> </div> <div class="text-wrapper"> <h4>Getting Ahead of the Curve on Data Quality</h4> <div class="inner-content"> <p>Incomplete or inaccurate data assessment can bias model results. In our latest <em>Illustrate</em> case study, we look at how Moody's Insurance Solutions team worked with Securis to enhance the quality of its cedant-provided data.</p> </div> <span class="remaining-text"> <p></p> </span> <a class="learn-more" href="/sites/default/files/2020-03/RMS-Securis-Case-Study-Data-Quality-Final.pdf">Learn More</a> </div> </div> </div> </div> <div class="button-wrap"> <span class="pre-btn"></span> <div class="dots-outer"></div> <span class="next-btn"></span> </div> </div> </div> <div class="spotlight-overlay"> <div class="content-wrap"> <div class="inner-wrap"></div> <div class="close-btn"></div> </div> </div> </section> <section class="ref cards-in-carousel wow fadeInUp " > <div class="intro-box green-border align-center wow fadeInUp" data-wow-delay="0.2s"> <h2 class="h3 center-title">Resources</h2> </div> <div class="heading-wrap back-option"> <div class="go-back"> <a data-slide="1" href="#">Back To Start</a> </div> </div> <div class="content-outer"> <div class="container wow fadeInUp" data-wow-delay="0.2s"> <div class="outer-wrapper wow fadeInUp" data-wow-delay="0.2s"> <div class="item-wrapper"> <div class="col-wrap"> <div class="item"> <div class="img-top"> <img loading="lazy" src="/sites/default/files/content/blog/thumbnail/2022-11/Nov%202022%20-%20Owen%20-%20Geocoding%20422px.jpg" alt="Suburb"> </div> <div class="item-body"> <span>Blog</span> <h5>Impact of Inconsistent Geocoding on Risk Transfer and Pric...</h5> <p>There is an expectation that an address within an insurance portfolio will represent a single distinct location, with only one possible set of coordinates. The deployment of different risk applications across the organization can result in an exposure’s location shifting, depending on the geocoding engine running in each risk application, from underwriting to catastrophe modeling or even exposure management. How does a single address end up with different geocoordinates in different applications? The address...</p> </div> <a href="/blog/2022/11/10/impact-of-inconsistent-geocoding-on-risk-transfer-and-pricing"><span class="sr-only">link</span></a> </div> </div> <div class="col-wrap"> <div class="item"> <div class="img-top"> <img loading="lazy" src="/sites/default/files/content/blog/thumbnail/2022-10/Oct%2022%20-%20Chloe%20EUWS%20422px.jpg" alt="Europe windstorm"> </div> <div class="item-body"> <span>Blog</span> <h5>Five Ways RMS HD Modeling Helps You Manage European Windst...</h5> <p>Windstorms remain the main driver of natural catastrophe insured loss in Europe, due in part to high levels of insurance penetration across the region. While individual claims might be small, the sheer size of these storms means multiple countries at a time are often impacted, resulting in significant cumulative costs to (re)insurers. Regulatory focus is therefore high, with (re)insurers required to provide evidence that they hold adequate capital for these types of events. The complex dynamics of extratr...</p> </div> <a href="/blog/2022/10/26/five-ways-rms-hd-modeling-helps-you-manage-european-windstorm-risk"><span class="sr-only">link</span></a> </div> </div> <div class="col-wrap"> <div class="item"> <div class="img-top"> <img loading="lazy" src="/sites/default/files/2020-04/EU_FloodHD_Blog_23Apr2020-Thumbnail.jpg" alt="Europe Inland Flood HD Model"> </div> <div class="item-body"> <span>Blog</span> <h5>How to Accurately Model Flood Inundation Using HD Models –...</h5> <p>Flooding is undoubtedly complex – the product of many interlinked complex processes. These include precipitation, runoff formation and hydraulics alongside many others, that each play a major role in determining if and how a flood develops. It is not enough to capture precipitation and flood peaks when modeling flood, the physics of all the involved processes need to be well represented. A model must realistically assess how a landscape is physically inundated by the excess water, as the resulting flood extents ...</p> </div> <a href="/blog/2020/04/27/how-to-accurately-model-flood-inundation-using-hd-models-from-a-single-location-to-an-entire-continent"><span class="sr-only">link</span></a> </div> </div> <div class="col-wrap"> <div class="item"> <div class="img-top"> <img loading="lazy" src="/sites/default/files/content/pressrelease/thumbnail/2020-10/Exceedance-Press-Release2-thumb.jpg" alt="Europe Severe Convective Storm"> </div> <div class="item-body"> <span>Press Release</span> <h5>RMS Releases New High Definition Models for European Sever...</h5> <p>NEWARK, CA – May 4, 2020 – RMS®, the leading global risk modeling and analytics firm, announced today at its annual Exceedance conference the release of new European Severe Convective Storm (EU SCS) High Definition Models. The models represent 50,000 years of simulation of hail and straight-line wind and tornado risk and include all key lines of business -- including automobile and property. In addition, the models cover 17* countries in Europe, complementing the RMS European climate hazard model suite.&nbsp; ...</p> </div> <a href="/newsroom/press-releases/press-detail/2020-05-04/rms-releases-new-high-definition-models-for-european-severe-convective-storm"><span class="sr-only">link</span></a> </div> </div> <div class="col-wrap"> <div class="item"> <div class="img-top"> <img loading="lazy" src="/sites/default/files/inline-images/european%20flood.jpg" alt="european flood"> </div> <div class="item-body"> <span>Blog</span> <h5>European Floods and the Relationship with the North Atlant...</h5> <p>Stefano Zanardo, Principal Modeler, RMS Ludovico Nicotina, Senior Director – Modeling, RMS Arno Hilberts, Vice President, Model Development, RMS Steve Jewson, Scientific Research Consultant, RMS The North Atlantic Oscillation (NAO) describes the fluctuations in the difference of atmospheric pressure at sea level between two semi-permanent centers of low and high pressure in the North Atlantic: the Icelandic Low and the Azores High. Fluctuations between these centers control the strength and direction...</p> </div> <a href="/blog/2019/03/27/european-floods-and-the-relationship-with-the-north-atlantic-oscillation"><span class="sr-only">link</span></a> </div> </div> <div class="col-wrap"> <div class="item"> <div class="img-top"> <img loading="lazy" src="/sites/default/files/2020-04/EU_SCS_Blog_22Apr2020_Thumbnail.jpg" alt="Europe SCS"> </div> <div class="item-body"> <span>Blog</span> <h5>Severe Convective Storms in Europe: Ancient Threat, New So...</h5> <p>As summertime approaches here in Europe, so does the peak season across the continent for hail, straight-line winds, and even tornadoes (collectively known as severe convective storms). These storms have been recognized for centuries—in the eighteenth century, Italian composer Antonio Vivaldi wrote a sonnet to accompany his violin concerto Summer from the Four Seasons concerti: “The shepherd trembles, fearful of a violent storm… …the heavens roar, and great hailstones beat down” [1] [1] Translation from h...</p> </div> <a href="/blog/2020/04/23/severe-convective-storms-in-europe-ancient-threat-new-solution"><span class="sr-only">link</span></a> </div> </div> </div> </div> </div> <div class="button-wrap"> <span class="button pre-btn"></span> <span class="button next-btn"></span> </div> </div> </section> <section class="cta" > <div class="bg-img"> <img loading="lazy" src="/sites/default/files/content/paragraph/cta/2020-04/contact-us_2_0.jpg" width="2880" height="800" alt="contact us" typeof="foaf:Image" /> </div> <div class="content-box"> <div class="container"> <div class="row"> <div class="col-md-7 col-sm-12 text-block wow fadeIn" data-wow-delay="0.4s"> <p 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