Moody’s RMS pegs insured California flood losses at $500mn-$1.5bn

25 January 2023

RMS catastrophe events split screen.jpg

Moody’s RMS has estimated that the floods which struck California earlier this month have caused between $500mn and $1.5bn in insured losses.

The flooding affected millions of people in the Golden State, leading to widespread evacuations, power outages and property damage.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

Gain a competitive edge and accelerate decision-making
Be empowered by insights that transform confusion to clarity
Uncover growth opportunities and prepare for potential threats
Fuel a smarter strategy for business growth

Request a free trial Already a subscriber? Log in now

Topics

News Claims and losses

Rachel Dalton

Lead Reporter