When looking at the historical record of catastrophe losses across the Caribbean region, even over the la...
Social inflation will drive P&C (re)insurers to raise prices
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
PR / 8 days ago
Moody’s RMS Estimates US$2.5 Billion to US$4.5 Billion in Insured Losses from Hurricane Otis
Estimates reflect wind damage in Mexico, including post-event loss amplification, inflationary trends, and non-modeled sources of loss...
Estimates reflect wind damage in Mexico, including post-event loss amplification, inflationary trends, and non-modeled sources of loss...
PR / 6 months ago
Moody’s RMS releases new report on “The Future of Caribbean Insurability"
The Caribbean islands face a significant and growing threat from the impacts of climate change. These are some of the locations with the highest level of catastrophic hazards worldwide...
The Caribbean islands face a significant and growing threat from the impacts of climate change. These are some of the locations with the highest level of catastrophic hazards worldwide...
PR / 6 months ago
Moody’s FL Case Study-Hurricane Adaptation Efforts Can Reduce Home Damage Costs Up to 10X
Given the increasingly costly nature of physical climate risks in urban centers, adaptation measures that help lower the built environment’s susceptibility to hazard-based damages...
Given the increasingly costly nature of physical climate risks in urban centers, adaptation measures that help lower the built environment’s susceptibility to hazard-based damages...
PR / 7 months ago
Moody's: Current & Future Semiconductor Manufacturing Subject to Increasing Physical Climate Risks
Physical climate risks – from both acute events such as floods and chronic events such as droughts carry the threat of significant damages ...
Physical climate risks – from both acute events such as floods and chronic events such as droughts carry the threat of significant damages ...
PR / 7 months ago
Moody’s RMS Launches Cyber Industry Steering Group to Facilitate Growth Potential of the Global Cyber Insurance Market
Munich Re, Gallagher Re, and Bitsight Join as Founding Members of the Steering Group...
Munich Re, Gallagher Re, and Bitsight Join as Founding Members of the Steering Group...
PR / 8 months ago
Record-Breaking Land & Ocean Temps Highlight Climate Risk
As the World Meteorological Organization and others declare July 2023 the hottest month on record, Moody’s RMS offers insights on the range of integrated risks and impacts related to the current high temperatures, this year’s El Niño effect, and more generally to climate...
As the World Meteorological Organization and others declare July 2023 the hottest month on record, Moody’s RMS offers insights on the range of integrated risks and impacts related to the current high temperatures, this year’s El Niño effect, and more generally to climate...
PR / 9 months ago
Moody’s RMS North Atlantic Hurricane Models Version 23 Certified by Florida Commission on Hurricane Loss Projection Methodology
Moody’s RMS is the first risk modeling company to gain approval under the 2021 FCHLPM standards...
Moody’s RMS is the first risk modeling company to gain approval under the 2021 FCHLPM standards...
PR / 11 months ago
RMS Event Summary of Emilia-Romagna Floods
Heavy rainfall between Monday May 15 and Wednesday May 17 led to widespread flash and river flooding across the Emilia-Romagna region of Italy...
Heavy rainfall between Monday May 15 and Wednesday May 17 led to widespread flash and river flooding across the Emilia-Romagna region of Italy...
PR / 12 months ago
Moody’s RMS Estimates Total Economic and Insured Losses from the Turkey Earthquakes Likely to Exceed US$25 Billion and US$5 Billion Respectively
These loss estimates reflect the impact of the earthquakes in Turkey only; losses in Syria are not included...
These loss estimates reflect the impact of the earthquakes in Turkey only; losses in Syria are not included...
PR / 1 year ago