Global Insured Catastrophe Losses Reach $171 bn Annual Benchmark
Verisk raised its global insured catastrophe loss benchmark to $171 bn, with the US accounting for $117 bn and severe thunderstorms leading modeled risk
Catastrophe Exposure
“Catastrophe Exposure” on Beinsure focuses on the risks and financial impacts associated with natural disasters and large-scale catastrophic events. This category provides insights into how insurance companies assess, manage, and mitigate risks from events such as earthquakes, hurricanes, floods, and wildfires. It covers topics such as catastrophe modeling, risk assessment tools, and the role of reinsurance in protecting businesses and economies from significant financial losses.
With expert analysis and industry reports, this section highlights emerging trends, regulatory updates, and advancements in technology that help insurers better understand and respond to catastrophic risks. Readers will gain a comprehensive understanding of how the insurance industry prepares for and addresses potential large-scale losses, ensuring resilience and stability in the face of unpredictable natural and man-made disasters.
Catastrophic Losses & Rising Global Flood Insurance Risks: $135 bn in 2024
2024 is on track to become the hottest year recorded. A warming climate has intensified natural catastrophes, especially in Europe, which faced severe flooding
Global Re/Insurance Industry Faces in Catastrophe Losses
Verisk report: Global Modeled Catastrophe Losses. The current challenges the global reinsurance industry faces in addressing recent catastrophe losses
Florida Hurricane Catastrophe Fund’s Losses & Insurance Claims Outlook
Florida Hurricane Catastrophe Fund plays a vital role in Florida’s property-insurance system as it provides relatively low-cost reinsurance
Global Reinsurance Property Catastrophe Market Outlook
The past year and half have seen major changes in the global Reinsurance Property Catastrophe (CAT) market
Lloyd’s of London has revised its guidelines on Catastrophe Exposure & Line Sizes
A new net line size requirement has been introduced specifying that the maximum net line size that a syndicate may have on an individual risk cannot exceed 30% of ECA
Reinsurance capital remains strong as sector profitability holds despite softer pricing, rising loss risks and mounting pressure on underwriting margins in 2026
Reinsurance buyers expect property pricing to fall further at the January 2027 renewals, with double-digit reductions increasingly entering negotiations
Reinsurance market participants increasingly favour life and health (L&H) business when deciding where to allocate capital
Reinsurance demand is rising as catastrophe losses, AI infrastructure exposure, liability claims and geopolitical risks increase insured losses