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News
EU life re/insurers well positioned to manage excess mortality driven by heatwaves: S&P
5+ day, 10+ hour ago (347+ words) 20th August 2026 - Author: Kassandra Jimenez-Sanchez - European life re/insurers remain well positioned to assess and manage the growing risks of heatwaves as these become one of the continent’s deadliest climate risks, according to a recent S&P report. Europe is warming…...
Allstate estimates $682m in cat losses for July
5+ day, 5+ hour ago (152+ words) 20th August 2026 - Author: Beth Musselwhite - The Allstate Corporation, a US personal property and casualty insurer, has estimated catastrophe losses of $682 million, or $539 million after tax, for July 2026. The catastrophe loss estimate includes 23 events, with approximately 75% of the losses related to two…...
EigenRisk expands catastrophe risk platform with Weatherwatch hail data
1+ week, 9+ hour ago (189+ words) 18th August 2026 - Author: Taylor Mixides - EigenRisk, a provider of catastrophe risk management technology, has entered into an agreement with Weatherwatch, an Australian company specialising in storm and weather risk management services. The companies said the agreement is intended to provide insurance…...
Gallagher Re reports multi-billion-dollar loss from early August US severe weather outbreak
1+ week, 4+ day ago (252+ words) 14th August 2026 - Author: Taylor Mixides - Gallagher Re, the global reinsurance broker, has warned that the insurance industry is facing yet another multi-billion-dollar loss, this time from a bout of considerable US severe convective storm (SCS) activity spanning 9 to 12 August. In its…...
New data creates opportunity for insurers to protect properties more effectively against wildfires: Cotality
1+ week, 5+ day ago (500+ words) 13th August 2026 - Author: Kassandra Jimenez-Sanchez - New property-level data reveals how fire spreads between homes, offering insurers and homeowners a critical opportunity to identify extra steps that can be taken to reduce risk and enhance resilience, according to a recent Cotality report....
Insured nat cat losses fall to $42bn in H1'26: Swiss Re
2+ week, 11+ hour ago (701+ words) 11th August 2026 - Author: Taylor Mixides - Global insured losses from natural catastrophes reached an estimated USD $42 billion in the first half of 2026, according to Swiss Re Institute, the research arm of global reinsurance company Swiss Re. The figure was down sharply from…...
Climate-driven SCS to reshape how insurers price risk: First Street
2+ week, 14+ hour ago (311+ words) 11th August 2026 - Author: Kassandra Jimenez-Sanchez - Severe convective storms (hail, damaging wind, and tornadoes) have become the costliest insured peril of the 21st century, reshaping how insurers, investors, and asset owners price risk, new First Street analysis reveals. In 2025, SCS generated approximately $82 billion…...
ALIRT reveals contrasting residual property insurance trends across four high-risk US states
2+ week, 4+ day ago (556+ words) 7th August 2026 - Author: Taylor Mixides - ALIRT Insurance Research, a US insurance research and analytics firm focused on the property and casualty sector, has released a new report highlighting widening differences in the performance of residual property insurance markets across California, Florida,…...
Amwins Global Risks broadens global renewable energy catastrophe facility and raises capacity to $50m
2+ week, 4+ day ago (236+ words) 7th August 2026 - Author: Taylor Mixides - Amwins Global Risks, the specialist wholesale insurance broking business of Amwins, has expanded its specialist natural catastrophe facility for renewable energy projects, increasing available capacity to USD $50 million per placement while extending both the range of…...
Ceres supports California proposal on long-term insurance solvency planning
3+ week, 7+ hour ago (143+ words) 4th August 2026 - Author: Taylor Mixides - In a comment letter submitted to the California Department of Insurance, Ceres said the proposed Long-Term Solvency Planning Regulation would strengthen oversight of the state’s insurance sector while bringing it into line with solvency and transition-planning…...