The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to b...
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 / 5 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
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 / 11 months ago
2022 Catastrophe Review Executive Summary
The global natural catastrophes of 2017–21 caused US$1.2 trillion in economic losses and close to US$500 billion in insured losses...
The global natural catastrophes of 2017–21 caused US$1.2 trillion in economic losses and close to US$500 billion in insured losses...
Report / 1 year 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
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
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
Will Summer 2022-23 Result in a Season of Tropical Cyclones and Floods for Australia?
October to April represents the peak period for extreme weather in Australia, with the risk of flooding, tropical cyclones, bushfires, and severe...
October to April represents the peak period for extreme weather in Australia, with the risk of flooding, tropical cyclones, bushfires, and severe...
Article / 1 year ago
2022: The Year of the European Hailstorm
For the insurance industry and for everyone that keeps a close eye on climate extremes, 2022 will be remembered as the “Year of the Hailstorm” in Europe....
For the insurance industry and for everyone that keeps a close eye on climate extremes, 2022 will be remembered as the “Year of the Hailstorm” in Europe....
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