Insurers in the emirate typically buy low-attaching reinsurance....
The Importance of Capturing the Contribution of Earthquake Catastrophe Risk in the Caribbean
When looking at the historical record of catastrophe losses across the Caribbean region, even over the last few decades, it is hurricane events that have dominated the insured losses...
When looking at the historical record of catastrophe losses across the Caribbean region, even over the last few decades, it is hurricane events that have dominated the insured losses...
Article / 9 days ago
Fifteen Years Later: What Have We Learnt From L'Aquila?
A Stark Reminder of Resilience In the early hours of April 6, 2009, the Mw6.3 L'Aquila earthquake struck at the heart of Italy's Abruzzo region, just 60 miles (100 kilometers) northeast of Rome...
A Stark Reminder of Resilience In the early hours of April 6, 2009, the Mw6.3 L'Aquila earthquake struck at the heart of Italy's Abruzzo region, just 60 miles (100 kilometers) northeast of Rome...
Article / 12 days ago
How Dams Weaponize Climate Change
Within four weeks during late summer 2023, two severe rainfall events thousands of miles apart caused two pairs of dams to collapse, bringing catastrophic floods....
Within four weeks during late summer 2023, two severe rainfall events thousands of miles apart caused two pairs of dams to collapse, bringing catastrophic floods....
Article / 23 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 / 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
Windstorm Ciarán: New Enhanced Event Response Benefiting from High-Definition Models
Between November 1-2, a rapidly deepening area of low pressure, named Storm Ciarán by the U.K....
Between November 1-2, a rapidly deepening area of low pressure, named Storm Ciarán by the U.K....
Article / 5 months ago
Otis Becomes Mexico's Strongest Landfalling Pacific Hurricane on Record
Mexico's Record-Breaking Hurricane Early on Tuesday, October 24, 2023, some twenty-four hours before its eventual landfall, Otis was an ordinary...
Mexico's Record-Breaking Hurricane Early on Tuesday, October 24, 2023, some twenty-four hours before its eventual landfall, Otis was an ordinary...
Article / 6 months ago
Moody's RMS New Zealand Earthquake HD Model Version 3: The Most Up-to-Date View of New Zealand Risk in the Market Today
Situated at the meeting point of the Pacific and Indo-Australian tectonic plates, New Zealand is...
Situated at the meeting point of the Pacific and Indo-Australian tectonic plates, New Zealand is...
Article / 7 months ago