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Europe’s wildfire risk rising despite limited historical losses: Howden Re

2026-09-02T08:36:00+01:00

Reinsurance broker warns changing heat, drought and exposure conditions are increasing accumulation risk across multiple lines, despite Europe accounting for just 5% of global wildfire losses over the past decade

Latest updates

Alt cap ‘embedded’ as investor appetite and ILS scope expand
2026-09-02T08:09:00+01:00By Katie Scott
Alternative capital shows signs of perminancy and cat bonds ‘complement’ reinsurance pricing by ‘stepping in to provide more cover for frequency risk as reinsurers have retrenched from that’, according to Moody’s
Reinsurers deliver 19.9% ROE as capital hits record $688bn: Gallagher Re
2026-09-01T16:10:00+01:00
Gallagher Re raises its full-year profitability outlook as industry capital continues to outpace revenue growth and intensify deployment pressures
Guy Carpenter rebrands as Marsh Re
2026-09-01T15:47:00+01:00
Reinsurance broker adopts Marsh name as it looks to deepen collaboration across risk, capital, people and consulting capabilities, Dean Klisura wrote
IGI launches Cipher cyber treaty reinsurance MGA
2026-09-01T15:40:00+01:00
Bermuda-based platform will initially target global cyber treaty business, with IGI taking a 60% stake through its newly formed managing agencies operation
Howden Re appoints Duarte to lead Portugal expansion
2026-09-01T15:35:00+01:00
Appointment establishes the broker’s first physical presence in Portugal as it targets further investment and team growth in the market
Verisk lifts global yearly insured cat loss benchmark to $171bn
2026-09-01T15:23:00+01:00
Modelled average annual losses rise $19bn in a year, according to cat modeller Verisk, with the US accounting for 68% of global insured cat risk