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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...