"These kinds of 'black swan' events are not actually as rare as the industry would like"...
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
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
Moody's RMS' Rahnama: 2020-2030 nat cat losses to nudge ~$2trn - Insurer TV
Losses from natural catastrophes are expected to total $1.5trn-$2trn in the decade to 2030, according to Moody's RMS, with chief risk modelling officer and executive...
Losses from natural catastrophes are expected to total $1.5trn-$2trn in the decade to 2030, according to Moody's RMS, with chief risk modelling officer and executive...
Video / 7 months ago
Major Hurricane Idalia: Risk Pricing Needs to Reflect Property Vulnerability
Hurricane Idalia made landfall as a Category 3 hurricane on August 30, 2023, near Keaton Beach, Florida, bringing with it damaging winds, heavy rainfall, and a...
Hurricane Idalia made landfall as a Category 3 hurricane on August 30, 2023, near Keaton Beach, Florida, bringing with it damaging winds, heavy rainfall, and a...
Article / 7 months ago
Hurricane Idalia: Strongest Hurricane on Record to Strike Florida's ‘Big Bend' Region
Major Hurricane Idalia made landfall as a Category 3 hurricane near Keaton Beach, Florida at around 11:45 UTC (07:45 local time) on Wednesday, August 30....
Major Hurricane Idalia made landfall as a Category 3 hurricane near Keaton Beach, Florida at around 11:45 UTC (07:45 local time) on Wednesday, August 30....
Article / 8 months ago
Moody’s RMS Estimates US$3 Billion to US$5 Billion in Private Market Insured Losses from Major Hurricane Idalia
Estimates reflect insured wind, storm surge, and inland flooding impacts for the U.S...
Estimates reflect insured wind, storm surge, and inland flooding impacts for the U.S...
PR / 8 months ago
P&C insurers and reinsurers face losses as Hurricane Idalia makes Florida landfall
On 30 August, Hurricane Idalia made landfall as a Category 3 major hurricane at Florida's Big Bend, bringing damaging winds, storm surge, and heavy rainfall.
On 30 August, Hurricane Idalia made landfall as a Category 3 major hurricane at Florida's Big Bend, bringing damaging winds, storm surge, and heavy rainfall.
Report / 8 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 / 8 months ago