Moody's Maps Global Risk Shifts Amid Confirmed El Niño Conditions
What happened
Moody's Corporation is analyzing how the 2026 El Niño is suppressing some catastrophe perils while amplifying others across multiple regions and geographies. The National Oceanic and Atmospheric Administration confirmed El Niño conditions in the Pacific on June 11, and the World Meteorological Organization has described the event as unusually fast-developing.
Why it matters
The analysis maps the economic effects of El Niño, which typically suppresses tropical cyclone formation in the Atlantic due to increased wind shear. Moody's Corporation is using historical loss data, such as the $53 billion generated by Hurricane Ian, to inform this global risk mapping.
Who's involved
- Moody's CorporationConducting analysis to model the economic effects of El Niño
- National Oceanic and Atmospheric AdministrationConfirming and tracking the physical state of El Niño conditions
- El NiñoThe climate pattern driving shifts in global catastrophe risks
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndonesiaSpeculative
Businesses operating in Indonesia could face increased costs due to climate anomalies driven by El Niño
- Central AmericaSpeculative
Businesses in Central America might see changes in demand and food security due to El Niño-driven extreme weather
Keep exploring
The entities involved
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Moody's Corporation
company
Nothing else this week.
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El Niño
Spanish rap artist
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National Oceanic and Atmospheric Administration
agency in the United States Federal Government