Climate change poses risk to insurance availability in Caribbean: Moody’s RMS

01 November 2023

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Climate change is making the threat of an insurability threshold more pertinent in the Caribbean, with the region likely to experience more frequent and severe weather events by 2050, according to a new report by Moody’s RMS.

The modelling firm believes climate change is increasing the threat of insurance becoming unavailable or excessively expensive in the region in the next 30 years.

The

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Climate change poses risk to insurance availability in Caribbean: Moody’s RMS

Climate change is making the threat of an insurability threshold more pertinent in the Caribbean, with the region likely to experience more frequent and severe weather events by 2050, according to a new report by Moody’s RMS.

Fuel a smarter strategy with our actionable market intelligence

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Climate change poses risk to insurance availability in Caribbean: Moody’s RMS

Climate change is making the threat of an insurability threshold more pertinent in the Caribbean, with the region likely to experience more frequent and severe weather events by 2050, according to a new report by Moody’s RMS.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM