A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations...
Understanding the Multi-Faceted Impact of Texas Wildfires and the Role of Moody's RMS Superior Catastrophe Wildfire Models
As we pass the end of April, already in 2024 we have seen a record-breaking U.S. wildfire; the Smokehouse Creek fire that...
As we pass the end of April, already in 2024 we have seen a record-breaking U.S. wildfire; the Smokehouse Creek fire that...
Article / 3 days ago
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 / 4 days ago
Moody's RMS 2023 Catastrophe Review: Secondary Perils Headline Again
Although the year had fewer extreme global loss events, 2023 was characterized by a high number of locally significant events; according to preliminary...
Although the year had fewer extreme global loss events, 2023 was characterized by a high number of locally significant events; according to preliminary...
Article / 2 months ago
From Idalia to Otis: The Hurricanes That Shaped 2023 and What's Next
We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing...
We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing...
Article / 2 months ago
Kahramanmaraş Earthquake Sequence: Reflections One Year On
Before last year, when envisioning a potential earthquake in Turkey, many would automatically think of something similar to the 1999 İzmit earthquake, an event on the...
Before last year, when envisioning a potential earthquake in Turkey, many would automatically think of something similar to the 1999 İzmit earthquake, an event on the...
Article / 2 months ago
Battered by convective storms, carriers seek higher prices, advanced models
US P&C companies suffered large losses in 2023 not from major catastrophes, but primarily from a series of severe convective storms...
US P&C companies suffered large losses in 2023 not from major catastrophes, but primarily from a series of severe convective storms...
Report / 3 months ago
Battered by convective storms, carriers seek higher prices, advanced models
As California faces atmospheric river storms this week, a new report by Moody’s Investors Service shows that a relatively quiet 2023 hurricane season meant that non-peak or secondary perils...
As California faces atmospheric river storms this week, a new report by Moody’s Investors Service shows that a relatively quiet 2023 hurricane season meant that non-peak or secondary perils...
PR / 3 months ago
Time to Master the Growing Threat from Earnings Risk
When (re)insurers struggle to meet their cost of capital over a longer period, shareholders, board members, and other stakeholders may begin to question whether a firm understands the risk...
When (re)insurers struggle to meet their cost of capital over a longer period, shareholders, board members, and other stakeholders may begin to question whether a firm understands the risk...
Article / 4 months ago
Moody’s RMS Estimates Total Insured Losses from Noto Peninsula, Japan Earthquake Will Likely Range Between JPY ¥ 435 Billion to ¥ 870 Billion (US$3 Billion to US$6 Billion)
The industry loss estimate is based on an analysis of the earthquake using Moody’s RMS Japan Earthquake and Tsunami high-definition...
The industry loss estimate is based on an analysis of the earthquake using Moody’s RMS Japan Earthquake and Tsunami high-definition...
Article / 4 months ago
Are we ready for the next major volcanic eruption? - The Insurer
Gordon Woo from Moody's RMS and WTW's James Dalziel consider the unique challenge posed by the unpredictability of volcanic risks, and consider...
Gordon Woo from Moody's RMS and WTW's James Dalziel consider the unique challenge posed by the unpredictability of volcanic risks, and consider...
Article / 4 months ago
