Viewpoint: Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters May 29, 2025 By Johannes Bender - S&P Global Ratings The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses...
Certification Enables California, Oregon Homeowners to Earn Premium Discounts May 29, 2025 Homeowners in California and Oregon in high-risk wildfire areas can earn discounts on insurance premiums through a new certification program...
First Heat Wave of Season to Bake West, Increasing Wildfire Risk May 27, 2025 Extreme heat levels of are expected in the western United States later this week, raising the risk wildfires and heat-related...
Wildfires Erupt Near Alberta Oil Well Sites Amid Hot Weather May 27, 2025 By Robert Tuttle Hot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated...
Global Forest Loss Tops Record as Wildfires Drive Destruction May 21, 2025 By Natasha White Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing...
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...
More Americans Breathe Unhealthy Air Due to Wildfires, Extreme Heat April 25, 2025 By Emma Court Around 156 million Americans, nearly half of the US population, now live in areas with unhealthy levels of air pollution,...
Why New York and New Jersey Are at Risk of Spring Wildfires April 25, 2025 By Lauren Rosenthal The wildfire scorching southern New Jersey ignited despite a series of downpours in recent weeks — and the region is...
UK’s Extremely Dry Start to Year Raises Crop and Wildfire Risks April 24, 2025 By Joe Wertz The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk...