Insurers in the emirate typically buy low-attaching reinsurance....
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 / 1 month 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
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 / 3 months ago
Moody's RMS 2022 Catastrophe Review: Another Example of 'It Only Takes One'
'It only takes one.' This mantra was already top of mind for the insurance industry after 2021 and Hurricane Ida, and once again it turned out to be very apt for the...
'It only takes one.' This mantra was already top of mind for the insurance industry after 2021 and Hurricane Ida, and once again it turned out to be very apt for the...
Article / 1 year ago
One Year Since Dudley, Eunice, and Franklin: Understanding Windstorm Clustering in Europe
In February 2022, a sequence of powerful windstorms known as Dudley, Eunice, and Franklin (also known as Ylenia, Zeynep, and Antonia respectively) caused billions of euros of insured loss in Europe...
In February 2022, a sequence of powerful windstorms known as Dudley, Eunice, and Franklin (also known as Ylenia, Zeynep, and Antonia respectively) caused billions of euros of insured loss in Europe...
Article / 1 year ago
Turkey/Syria Earthquakes: Concrete Construction Under Scrutiny
Pictures of the devastation in southern Turkey and northern Syria from the Mw7.8 and Mw7.5 earthquakes on February 6, 2023 , generate a terrible...
Pictures of the devastation in southern Turkey and northern Syria from the Mw7.8 and Mw7.5 earthquakes on February 6, 2023 , generate a terrible...
Article / 1 year ago
Turkey/Syria Earthquakes: Capturing the Scale of the Disaster
There is a sense of shock around the globe as reports show the severity and extent of the damage across southern Turkey and northern Syria, and the tragic...
There is a sense of shock around the globe as reports show the severity and extent of the damage across southern Turkey and northern Syria, and the tragic...
Article / 1 year ago
Auckland's Wettest Day: New Zealand's Largest City Struck by Catastrophic Flooding
Just weeks after California experienced some of its most devastating floods on record , New Zealand was left counting the cost of significant flooding this week...
Just weeks after California experienced some of its most devastating floods on record , New Zealand was left counting the cost of significant flooding this week...
Article / 1 year ago
Persistent La Niña Conditions Aggravate Drought-Associated Crop Losses in Southern Brazil in 2021–22
Southern Brazil was impacted by drought conditions during the 2021–22 growing season, which resulted in harvest failures for...
Southern Brazil was impacted by drought conditions during the 2021–22 growing season, which resulted in harvest failures for...
Article / 1 year ago
