Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report August 6, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers August 1, 2025 A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market...
H1 Natural Disasters Had Insured Price Tag of $80B – Driven by US Claims: Munich Re July 29, 2025 By L.S. Howard Natural disasters across the globe cost insurers US$80 billion during the first half of 2025, up from $64 billion in...
California Surplus Lines Take-Up Soars as Brokers Work to Find Coverage for Clients July 15, 2025 By Don Jergler The best way to tell that the California homeowners insurance market has been a bear is to see where buyers...
ICE Raids Derail Los Angeles Economy as Workers Go Into Hiding July 7, 2025 By John Gittelsohn Los Angeles was already struggling to revive its fragile economy after the most destructive wildfires in its history erupted six...
Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses June 19, 2025 By Ezra Amacher The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial...
Viewpoint: Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters May 29, 2025 By Johannes Bender The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses...
German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims May 13, 2025 By Tom Sims and Alexander Hübner Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 21, 2025 By L.S. Howard Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 –...