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Jan 7 2025 // Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to personal lines price hikes in the U.S. and UK as a reason for the...
Nov 26 2024 // Despite four hurricanes in just over a year and significant payouts by the Florida Cat Fund, three special tax bonds have seen their ratings upgraded, the state’s insurance commissioner announced Monday.“These...
Oct 18 2024 // Moody’s RMS has pegged private insured losses from Hurricane Milton to between $22 billion and $36 billion, with a best guess of $26 billion.The Newark, California-based catastrophe modeler also narrowed its range...
Oct 15 2024 // Moody’s RMS said private insurers can expect to dole out between $35 billion and $55 billion for hurricanes Milton and Helene.A final industry-loss estimate for Hurricane Milton, a Category 3 that struck Siesta Key,...
Sep 18 2024 // U.S. private market insured losses from Hurricane Francine are estimated to not exceed $2 billion, Moody’s RMS Event Response team said.Losses to the National Flood Insurance Program from the hurricane are estimated...
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