catastrophe losses

Catastrophe data aggregator PERILS has published its second industry loss estimate for extratropical windstorm Goretti, also known as Elli, that affected southwestern England, northern France and Belgium in early January, placing the insurance market loss at EUR 479 million.

CatIQ, Canada’s insured loss and exposure index provider, has issued its fifth and final industry loss estimate from the ice storm that struck Ontario and Quebec in late March 2025, putting the insured market loss at CAD $466 million, a 5% decrease from its fourth loss estimate of CAD $490 million that was issued in September.

Extratropical windstorm Nils, also known as Ulrike, battered the Nouvelle-Aquitaine and Occitanie regions in southwest France in mid-February, causing insurance industry losses of €586 million, according to an initial estimate from catastrophe data aggregator, PERILS.

US insurer Allstate has announced an estimated pre-tax catastrophe loss burden for the month of February 2026 of $140 million, which has lifted the total for the current annual aggregate risk period that the firm’s catastrophe bonds run across to $3.072 billion.

According to a new report from Swiss Re Institute, whilst global insured losses in 2025, at US $107 billion, fell below the long-term natural catastrophe trend, secondary perils, including severe convective storms (SCS), wildfires, and floods, accounted for a record 92% of the total.

Hannover Re has reported its full-year 2025 results this morning, with a meaningful increase to net income and clear growth in property and casualty risks, while on the large loss side insurance-linked securities (ILS) capital sources ended up supporting roughly 20% of the large losses it experienced.

Catastrophe data aggregator PERILS AG has published a fourth and final industry loss estimate of nearly AU $1.88 billion for Cyclone Alfred, which affected the Australian states of Queensland and New South Wales during the period of February 28 to March 12, 2025.

Losses from winter storms Hernando and Fern, both of which have occurred in the opening months of 2026, are expected to impact primary insurers more than reinsurance capital providers, according to ratings agency AM Best.

Catastrophe data aggregator PERILS has provided its first insurance industry loss estimate for the Victoria Bushfires which took place between January 7th and 13th 2026, at AU$786 million.

Catastrophe data aggregator PERILS has provided its first insurance industry loss estimate for extratropical European windstorm Goretti that affected southwestern England, northern France and Belgium on January 8th and January 9th, at EUR 467 million.