As the public hearings on the request for an advisory opinion on the Obligations of States in respect of Climate Change drew to a close on 13 December, the Court began its deliberation with much material to reflect on. The request introduced by the United Nations General Assembly in April 2023 – even if not … Read more
Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20 billion to $30 billion range. The Jan. 17 estimate from Moody’s RMS came a day after CoreLogic put out a statement indicating a $35 to $45 billion range of insured losses for two major fires … Read more
The first long-range forecast for the 2025 Atlantic hurricane season was released today, with Tropical Storm Risk (TSR) projecting there could be 15 named storms, 7 hurricanes and 3 major hurricanes next year, which would be roughly aligned with the 30-year norm.While these extended range forecasts are typically taken with a grain of salt, they … Read more
