In a rapidly changing world where the challenges posed by natural catastrophes continue to grow, staying informed is more crucial than ever. (Re)insurers, brokers, capital markets, government agencies, and academia use Moody’s deep insights for real-time event preparation and response, parametric insurance contracts triggers, validation against experience, and research.
event summary
Tropical Storm Jangmi is currently located about 670 mi (1,080 km) east of northern Luzon, Philippines and is tracking west-northwest. Jangmi currently has 10-minute sustained wind speeds of 46 mph (74 km/hr), according to the Japan Meteorological Agency (JMA). This corresponds to a tropical storm on the JMA tropical cyclone intensity scale and is equivalent to a tropical storm on the Saffir-Simpson Hurricane Wind Scale. Jangmi is expected to intensity into a typhoon by Sunday May 31 as it tracks north-northwest through the open waters of the Philippine Sea and approaches the Japanese Nansei Islands on Monday June 1. The system is expected to pass through the Japanese Nansei Islands as a typhoon on Monday June 1 and Tuesday June 2. The system is then expected to weaken to a severe tropical storm as it recurves and approaches southwestern mainland Japan on Tuesday June 2 and Wednesday June 3, though there is considerable uncertainty in the track and intensity at this lead time.
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event summary
The Bank of England Prudential Regulation Authority (PRA) is running its first Dynamic General Insurance Stress Test (DyGIST) in 2026 to assess the effectiveness of insurers' risk management and management actions. Unlike previous General Insurance Stress Tests, the PRA are asking U.K. regulated insurers to respond to real-time events during a live exercise phase over a series of three weeks in May. Events will be announced and updated on Tuesdays and Thursdays of each week. The nature of the events are unknown in advance of the exercise, with a stress on the global nature of the exposures written by the U.K. market. Insurers are required to turn around a reporting template each week for the three weeks of the live exercise, with a final template due for submission on Friday July 31. Moody's RMS Event Response is treating the DyGIST events in a similar manner to real-time events, to such an extent that that is possible.
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event summary
A combination of persistent drought conditions, high temperatures, and gusty winds since mid-April has resulted in wildfire activity across parts of southern Georgia. The Highway 82 Fire has burned an estimated 22,420 acres (9,073 hectares) and destroyed 128 structures since Monday April 20. As of Thursday May 21, the fire is 90 percent contained. The Pineland Road Fire has burned an estimated 32,031 acres (12,962 hectares) and destroyed 35 structures since Saturday April 18. As of Thursday May 21, the fire is 90 percent contained.
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event summary
A multi-day outbreak of severe convective storms across the Central U.S. between Thursday May 14 and Wednesday May 20 has produced damaging hail, straight-line winds, and tornadoes across at least 16 states. Hail and straight-line wind damage has been reported across Kansas, Iowa, Illinois, Missouri, Nebraska, South Dakota, Wisconsin, Michigan, Colorado, Indiana, Minnesota, and Pennsylvania, with reports of damage to buildings, vehicles, roofs, and powerlines. Tornado-related damage to homes, trees, and power poles has been reported in Nebraska, Missouri, Kansas, Illinois, and Iowa. As of Wednesday May 20, across the event, the Storm Prediction Center (SPC) has received a total of 964 filtered storm reports, including 280 hail reports, 618 straight-line wind reports, and 66 tornado reports.
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The information, data, and materials contained on this website page may be based on or derived from a variety of proprietary and third-party sources. This information, data, and materials are provided for educational purposes only, do not constitute professional advice, and are presented on an as-is basis, without any warranty of any kind. Any use or reliance on this information, data, and materials for commercial purposes is strictly prohibited.
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