Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Ira...
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 Estimates USD 4 to 6 Billion in Economic Losses from Hawaii Wildfires
The loss estimate reflects property damage, contents, and business interruption, across residential, commercial, industrial, automobile, and infrastructure assets....
The loss estimate reflects property damage, contents, and business interruption, across residential, commercial, industrial, automobile, and infrastructure assets....
PR / 9 months ago
Quantifying Financial Impact of Climate Risk with Moody's Climate on Demand
Climate change is widely accepted as the next great integrated risk challenge. To ensure long-term economic resilience, a wholly robust and...
Climate change is widely accepted as the next great integrated risk challenge. To ensure long-term economic resilience, a wholly robust and...
Article / 1 year ago
RMS Estimates US$31– $44 Billion in Total U.S. Onshore and Offshore Insured Losses from Hurricane Ida
Estimates reflect insured wind, storm surge, and inland flooding impacts in the U.S., including losses to the National Flood Insurance Program...
Estimates reflect insured wind, storm surge, and inland flooding impacts in the U.S., including losses to the National Flood Insurance Program...
PR / 3 years ago
What Should Insurers Require From Research and Policy to Make Pandemic Business Interruption Insurable? - International Insurance Society
After the largest and least-anticipated catastrophes occur, the question soon gets asked: How can insurance cover this risk?...
After the largest and least-anticipated catastrophes occur, the question soon gets asked: How can insurance cover this risk?...
Article / 3 years ago
Lessons from SolarWinds Breach: How IT Supply Chain Attacks Can Cause Serious Cyber Insurance Losses
Cybersecurity company FireEye was the first to reveal how a serious threat actor had hacked...
Cybersecurity company FireEye was the first to reveal how a serious threat actor had hacked...
Article / 3 years ago
Non-damage Business Interruption Insurance: Learning From Paris in 2015
The hospitality industry worldwide is being battered – not by a physical force of nature like an earthquake or hurricane...
The hospitality industry worldwide is being battered – not by a physical force of nature like an earthquake or hurricane...
Article / 4 years ago
Preparing for future risk? Look to what’s happened in the past - Canadian Underwriter
When evaluating unexpected catastrophe risks, our experiences can be sparse. Widening our knowledge by going back in time, by exploring the ‘near-misses’ and...
When evaluating unexpected catastrophe risks, our experiences can be sparse. Widening our knowledge by going back in time, by exploring the ‘near-misses’ and...
Article / 4 years ago
Coronavirus Will Cost Businesses Billions. Insurance May Not Help. - The New York Times
Companies buy insurance that usually pays out when they have to halt operations. But it’s usually because of physical damage, not outbreaks...
Companies buy insurance that usually pays out when they have to halt operations. But it’s usually because of physical damage, not outbreaks...
Article / 4 years ago
Risk Modeling for the Future
The World Economic Forum (WEF) has celebrated its fiftieth-year at its annual meeting in Davos. Increasingly the business/political nexus has become that...
The World Economic Forum (WEF) has celebrated its fiftieth-year at its annual meeting in Davos. Increasingly the business/political nexus has become that...
Article / 4 years ago