Calculates climate change analysis as a post-analysis action using the specified analysis result as a base analysis.
RMS Climate Change Models provide a probabilistic view of a range of representative concentration pathways (RCPs). They model the effect of climate change on hurricanes in the North Atlantic and on windstorms and floods in Europe. The Climate Change Models cover the same geographical scope as the RMS reference models for these regions.
During processing, the Climate Change Model recalculates average annual loss (AAL) and EP metrics for portfolio and treaty levels.
To calculate climate change analysis, you must license both the base models used in reference analysis and RMS Climate Change Models for all sub-regions in the original results.
Base models include Europe Inland Flood HD Models, Europe Windstorm Models, Japan Typhoon and Flood HD Model, North America Wildfire HD Model, North Atlantic Hurricane Models, US Inland Flood HD Model
To perform this operation, a principal must belong to a group that has been assigned the appropriate role-based permissions. The table identifies the roles with permission to perform this operation.
Underwriter Technical Underwriter Risk Analyst Portfolio Manager Cat Modeler YES YES YES YES YES
To learn more about role-based permissions in Risk Modeler, see Groups and Roles.