RMS launches flood model for New Zealand

An Insurance Business Magazine article.

RMS has launched its inland flood HD model for New Zealand, as it seeks to address the need for risk modelling for the second-largest natural peril for the country.

This is the first probabilistic flood model for New Zealand, constructed using data from various organisations, such as National Institute of Water and Atmospheric Research (NIWA), Land Information New Zealand (LINZ), Insurance Council of New Zealand (ICNZ), and local and regional councils.

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