US SCS losses reach $42bn, establishing a “new normal”: Moody’s
Reinsurance News - Nov 21, 2025
Insured losses related to US severe convective storms (SCS) reached $42 billion in the first nine months of 2025, with average per-event costs 31% higher than the previous decade’s average, establishing a “new normal” for extreme weather, according to a recent Moody’s analysis. SCS, characterised by...
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