Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s
Jul 16 2024 // U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s RMS Event Response. Insured losses associated with the storm include wind, storm...
Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS
Jun 14 2024 // Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within the range of €2 billion to €3 billion (US$2.1 billion to US$3.2 billion), according to...
Insurers to Build Private Credit Exposure in Coming Years: Moody’s
Jun 7 2024 // Global insurers plan to invest further in the coming years in the growing but opaque private credit market, according to a new report by Moody’s Ratings. In a survey this week of the world’s largest insurers,...
Reserve Strengthening for Casualty Lines Not Over: Moody’s
May 9 2024 // If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of one of the questions that analysts from Moody’s Investors Service...
Moody’s on Why 2023 Was So Warm and What Will Happen This Year
Mar 22 2024 // A Moody’s publication looks why it was so warm last year and the impacts the effects of global warming will have in 2024. The publication “Warmest Year; Warmest Months: Climate Change and El Niño Edged the...
Hurricane Otis’ Insured Losses Estimated at $2.5B-$6B: Moody’s RMS, Verisk
Nov 15 2023 // Moody’s RMS, the risk modeling and solutions company, estimates private market insured losses from Hurricane Otis to range between US$2.5 billion and US$4.5 billion. On the other hand, Verisk puts insured losses at...
Moody’s Creates Private Credit Rating and Research Group
Nov 6 2023 // Ratings agency Moody’s is creating a unit to research and rate private credit, the firm said on Monday. The unit will be headed by Ana Arsov, who will coordinate research and rating initiatives in the field,...
Moody’s RMS Estimates $4B to $6B in Economic Losses from Hawaii Wildfires
Aug 22 2023 // Moody’s RMS issued estimates on Tuesday showing economic losses from the recent Lahaina Conflagration and Kula wildfires in Hawaii at $4 billion to $6 billion. The loss estimate reflects property damage, contents,...
Moody’s RMS Estimates $5B Insured Losses From Turkey Quake as Costs Keep Mounting
Feb 23 2023 // The economic and insured losses from the earthquakes that hit southern Turkey on Monday, Feb. 6 continue to escalate as damage information and data keeps pouring in. The catastrophe risk modeling firm Moody’s RMS...
Moody’s Downgrades SCOR’s Rating to A1 From Aa3 on Weakening Profits
Feb 7 2023 // Moody’s Investors Service downgraded the Insurance Financial Strength Rating (IFSR) of SCOR SE and its key operating entities to A1 from Aa3 while at the same time changing the company’s outlook to stable from...
Moody’s RMS Estimates $5B-7B in Economic Losses from California Flooding
Jan 25 2023 // Moody’s RMS estimates total economic losses from the recent California flooding at between $5 billion and $7 billion, and insured losses are anticipated to be between $500 million and $1.5 billion, including losses...
Environmental, Social and Governance Credit Risks to Rise in 2023: Moody’s
Jan 10 2023 // Economic and political turbulence caused by the COVID-19 pandemic and Russia’s invasion of Ukraine will be likely to heighten environmental, social and governance (ESG) credit risks this year, credit rating agency...
Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard
Dec 14 2022 // As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet their ESG targets. After all, regulators are moving to enforce...
Global P/C Insurance Outlook Now Negative: Moody’s
Dec 6 2022 // High claims inflation and rising reinsurance costs are among the factors that prompted analysts at Moody’s Investors Service to change their outlook for the global property/casualty sector from stable to negative,...
Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires
Nov 10 2022 // A new report shows California utilities have noticeably reduced their liability following catastrophic wildfires in the past that have been blamed on the utilities and have driven several massive lawsuits and financial...
Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles
Nov 3 2022 // A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or very high environmental credit risk. That’s more than twice as much as when the Paris...
Moody’s Cuts Fosun International’s Credit Rating Amid Concerns Over Asset Sales
Oct 26 2022 // Global credit rating agency Moody’s downgraded Fosun International Ltd. by one notch on Tuesday and revised its outlook to “negative” from “ratings under review” amid concerns over the...
Top U.S. Homeowners Insurers Minimally Exposed to Losses from Ian: Moody’s
Oct 12 2022 // A report from Moody’s Investors Service clearly paints Ian as a loss event for Florida-only home insurers since large, national insurers have significantly reduced exposure in the Sunshine State throughout the...
Hospitals, Utilities Face Highest Exposure to Risk of Cyber Attacks: Moody’s
Sep 30 2022 // Around $22 trillion of global debt rated by Moody’s has a “high” or “very high” exposure to the risk of cyber attack, the ratings agency said in a report on Thursday, with hospitals and...
Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody’s
Sep 15 2022 // With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct premium growth, Moody’s Investors Service announced a stable outlook for...
