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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 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

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

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