All Property Catastrophe articles
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NewsFrom ‘drop in the ocean’ to scalable parametric protection – CelsiusPro’s Rueegg
Mark Rueegg, founder and CEO of CelsiusPro Group, explains why satellite-triggered re/insurance cover, premium subsidy and donor backing are critical to closing the climate protection gap in the Global South.
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NewsKCC estimates $6.7bn insured loss from Winter Storm Fern
Modelled losses, primarily driven by winter freeze, span more than 30 states as burst pipes and power outages compound impacts across southern US
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NewsBirdsEyeView: Lessons learned from nat cat events in 2025
Last year’s natural catastrophe events made one truth unmistakably clear: climate risk models built primarily on historical patterns are no longer reliable guides to future loss, writes James Rendell, CEO and founder of BirdsEyeView
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NewsUS dominates ‘manageable’ $129bn claims burden in 2025 – Gallagher Re
Lower aggregate losses mask persistent volatility and widening protection gaps across vulnerable regions
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NewsGallagher Re: California wildfire risk recalibrated for north-south dynamics
The reinsurance broker’s analysis shows Northern California now accounts for roughly half of the state’s average annual wildfire loss, even as Southern California remains the source of the most extreme and costly events
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NewsICEYE’s next chapter: broader perils, more satellites, faster insights
An evolving strategy for ICEYE’s insurance solutions arm involves a multi-peril approach
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NewsVerisk estimates Hurricane Melissa insured losses at up to $4.2bn
Storm sets record as Jamaica’s most intense landfall and ties as strongest global landfall hurricane on record
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NewsAPCIA: ‘Proactive’ reinsurers fuel innovation as US property softens – Gallagher Re’s Schwebach
US reinsurance broker’s head of North American property says reinsurers are showing creativity as the property market softens, with growing use of multi-year deals
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NewsMoody’s warns of $41trn climate risk hit to global economy by 2050
Moody’s Insurance Solutions projects climate-related physical risks could wipe 14.5% off global GDP by mid-century, with US corporates and real estate particularly exposed.
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NewsMS Amlin warns US hurricane losses could surge 50% with 2°C global warming scenario
The London market re/insurer urges overhaul in pricing and resilience measures as climate risks escalate.
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NewsAon gains Florida commission approval for updated hurricane catastrophe model
It follows approval of the re/insurance broker’s US flood model last November and forms part of the firm’s broader suite of solutions for real-time loss forecasting, accumulation scenarios and climate risk assessments.
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NewsWildfire, SCS, and the future of cat modelling – Karen Clark interview
Karen Clark, CEO of Karen Clark & Company (KCC), is a pioneer in catastrophe risk modelling. As the industry faces mounting challenges from wildfires, severe convective storms (SCS), and shifting market conditions, the looks to the future of cat models.
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NewsAon, Swiss Re and Floodbase launch storm surge parametric partnership
Parametric solution bringing together the broker, re/insurer and parametric provider aims ‘to bolster US hurricane insurance protection’.
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NewsMulti-source data’s critical role in responding to the LA wildfires
The LA wildfires underscored the importance of balancing speed with precision, writes David Heathcote of McKenzie Intelligence Services.
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NewsLA firestorm: $20-30bn insured loss estimate from Moody’s RMS
Cat modeller’s preliminary estimate range reflects impacts observed to date, with significant uncertainty.
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NewsProperty cat ROL down 6.6% globally at 1/1 – Guy Carpenter
The reinsurance broker released its rate-on-line indices for property catastrophe business at the 1 January reinsurance renewal, headlined by a US decrease of 6.2% and an overall fall of 6.6% globally.
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NewsHowden at 1/1 heralds new phase in the cycle ‘past the pricing peak’
Risk-adjusted price reductions at January renewals included retrocession down 13.5%, D&F down 12.5%, global property cat down 8% and London market casualty XoL down 2%.
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NewsGallagher Re at 1/1: ‘tense’ casualty negotiations put onus on data; prop cat competition ‘responsible’
The reinsurance market is in a strong financial position at the 1/1 renewal, according to the reinsurance broker’s “1st View Report: Differentiation Rewarded” and an interview with Gallagher Re’s Chirag Shah.
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NewsGuy Carpenter on 1/1: ‘strong reinsurer appetite, excess prop cat capacity’
Non-loss-impacted property catastrophe renewals fell 5-15% risk-adjusted at 1/1, the broker said, but casualty reinsurance buyers experienced ”varying outcomes”.
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NewsMilton to cost $26bn “best estimate” insured loss – Moody’s RMS
Hurricane Milton will cost insurers and reinsurers somewhere in the range of $22-$36bn, according to Moody’s RMS Event Response.
