catastrophe losses

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.

US insurer Allstate has announced estimated pre-tax catastrophe losses of $175 million for January 2026, primarily related to recent winter storm Fern in the United States, which has lifted the total for the current annual aggregate risk period for the firm’s catastrophe bonds to $2.932 billion.

Verisk is the second of the catastrophe risk modelling specialists to release an estimate for insurance industry losses caused by recent winter storm Fern in the United States, saying the total could reach $4 billion.

Catastrophe risk modelling specialists at Karen Clark & Company (KCC) have pegged private insurance industry losses from winter storm Fern in the US at $6.7 billion, with estimated losses the highest in Texas and Tennessee.

Catastrophe data aggregator PERILS has updated its estimate of insurance industry losses from the severe convective storms (SCS) that struck Australia’s East Coast in late October, lifting the total almost 37% to AU $1.512 billion (approx US $1.05bn).

Winter storm Fern, which affected the United States from January 23rd through 26th, is expected to cause insurance market losses of more than one billion dollars, while it is likely to be compared to previous historic US winter storms, broker Aon has reported.

According to a recent report from Willis, a division of WTW, natural catastrophe events generated over $100 billion in insured losses in 2025. This marks the sixth consecutive year that losses have exceeded this amount, highlighting the ongoing severity and persistence of natural catastrophe risk, despite the fact that no single hurricane made landfall in […]

The ongoing winter storm event and freezing temperatures that are affecting tens of millions of people across the United States have the potential to contribute to the gradual erosion of aggregate limits in certain catastrophe bonds, investment manager Twelve Securis has highlighted.