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EPISODE · Feb 28, 2024 · 17 MIN

Convective storms batter US P&C Insurers

from Moody's Talks - Focus on Finance · host Bernhard Held, Dean Ungar, Evelyn Ocas Salazar, Juergen Grieser, Danielle Reed, Myles Neligan

We discuss the severe thunderstorms' rising insured costs. Plus: Earnings weakness in the Medicare Advantage business and US commercial real estate exposure of German banks.Speakers:  Bernhard Held, VP-Sr Credit Officer, Moody’s Investors Service; Dean Ungar, VP-Sr Credit Officer, Moody’s Investors Service; Evelyn Ocas Salazar, AVP-Analyst, Moody’s Investors Service; Juergen Grieser, Sr Dir Mgr-Analytics & Modeling, Moody’s RMSHosts: Danielle Reed, VP – Senior Research Writer, Moody’s Investors Service; Myles Neligan, VP – Senior Research Writer, Moody’s Investors ServiceRelated Research:Property & Casualty Insurance – US: Battered by convective storms, carriers seek higher prices, advanced modelsHealth Insurance – US: Medicare Advantage continues to grow, but its profitability is weakeningBanks – Europe: Most EU banks have limited direct exposure to US CRE, German banks are more exposed

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We discuss the severe thunderstorms' rising insured costs. Plus: Earnings weakness in the Medicare Advantage business and US commercial real estate exposure of German banks.

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Convective storms batter US P&C Insurers

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