PHYSICAL CLIMATE RISK ANALYTICS FOR MBS
Leverage LSEG Yield Book's powerful Analytics & state-of-the-art climate models in your securitized asset portfolios
Physical climate risks are significantly impacting issuers, investors and borrowers across the US.
GSEs are holding an estimated $6trn in debt that does not price flood risk*, and large home insurers are withdrawing from key states exposed to wildfires and hurricanes to limit losses**, leading to a rise of 21% in home insurance costs to US home-owners since 2015, difficulty in obtaining mortgages and widespread reliance on insurers of last resort.
Measuring and understanding your holdings’ risks to these hazards is of key importance, and we are pleased to announce our launch of our Physical Climate Risks Analytics in MBS to help.
* Mortgage Finance and Climate Change: Securitization Dynamics in the Aftermath of Natural Disasters (nber.org)
** Insurers withdraw from riskiest areas as threats from climate change grow: NPR
Watch our latest webinar below, or submit your details to start a free trial.
Webinar: Wildfires, floods and hurricanes: Climate chaos’ unexpected impact on MBS