catastrophe losses

According to insurance and reinsurance broker Aon, global insured losses from natural catastrophe events reached $91 billion during the first nine-months of 2026, the lowest for the period since 2019’s $76 billion, and remained well below the $135 billion average of the past five years, but slightly above the 21st-century average of $88 billion.

Insured losses from natural catastrophe events across the globe during the first nine months of 2026 are estimated to have reached US $92 billion, representing the lowest total for the first nine months of a year since 2019, and 29% below the 10-year average of $128 billion, according to reinsurance broker Gallagher Re’s Q3 2026 […]

Catastrophe data aggregator PERILS AG has updated its estimate of insurance industry losses for the severe convective storms (SCS) that swept across Germany, France, Switzerland, and Italy in Europe between July 13th and 19th, 2026, lifting the total to EUR 2.806 billion.

The severe convective storm and hail outbreak across parts of western Europe between August 26th and 28th 2026 is initially estimated to have caused nearly EUR 3.3 billion of insurance industry losses, according to catastrophe data aggregator PERILS AG.

Moody’s RMS Event Response has now provided an initial estimate of insurance industry losses from recent hurricane Isaias, placing them in a range between $2.5 billion and $4.5 billion.

US insurer Allstate has reported a smaller $220 million in pre-tax catastrophe losses for the month of September 2026, which has lifted the total across the current annual aggregate risk period for its catastrophe bonds to $3.372 billion.

Catastrophe risk modelling specialist Karen Clark & Company (KCC) has provided an initial estimate for the private insurance market loss from wind and storm surge associated with recent hurricane Isaias, saying it expects the total to be $3 billion.

Verisk, a catastrophe risk modelling and data analytics specialist, has now issued an initial industry insured loss estimate for recent hurricane Isaias, saying that onshore property losses from the storm could reach $2 billion.

Euler ILS Partners, the specialist Swiss insurance-linked securities (ILS) investment manager, has placed an initial insurance industry loss estimate for recent hurricane Isaias in the range of $2 billion to $4 billion, noting there is the potential for the storm’s losses to add to aggregate structures.

The severe storm outbreak that impacted Southern Ontario, including Toronto, on September 2nd and 3rd, 2026, is estimated to have resulted in an insurance industry loss of CAD $563 million, according to CatIQ, Canada’s insured loss and exposure indices provider.