insurance

Global Parametrics (part of CelsiusPro Group), has announced the development and planned pilot of Peru’s first parametric earthquake insurance product, specifically designed to help protect 17,000 low-income household members against earthquake risk in Lima, Peru.

As insured losses arising from secondary perils, such as severe convective storms, wildfire, winter storms and flood, continue to be a major contributor to insured catastrophe losses in North America, reinsurance broker Marsh Re has outlined that this shift is placing greater pressure on insurers to reassess their reinsurance arrangements.

As the excess and surplus (E&S) lines segment of commercial insurance becomes increasingly competitive with sidecars and non-traditional players bringing new sources of capital, AIG CEO Eric Andersen explained today that his company is “a little bit worried” about the alignment of MGA and insurer paper.

The expansion of alternative and institutional capital alongside traditional reinsurance is helping expand program choice for insurance buyers, according to broker Aon’s Q3 2026 Global Insurance Market Insights report.

A new report published by Argenta Private Capital Limited (APCL) estimates a return on capital of more than 18% for its clients investing in the Lloyd’s of London market for 2026, but emphasises that profits are expected to narrow heading into 2027 as rates continue to soften.

Catastrophe data aggregator PERILS AG has published a fourth and final industry loss estimate for the Australia East Coast Severe Convective Storms (SCS) which affected the states of Queensland, New South Wales and Victoria in late October 2025, placing the insurance market loss at AU $1.62 billion, an 8% increase from the firm’s third loss […]

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.

The government of Morocco is now aiming to prepare a regulatory framework to allow for the securitization of insurance risks, including through catastrophe bonds, as the country seemingly aims to support issuance as well as to be a beneficiary of risk transfer to the capital markets.

RenaissanceRe, the Bermuda headquartered reinsurance company and third-party capital manager, raised $150 million of capital for a new catastrophe bond strategy in the third-quarter, with the Lighthouse Cat Bond Fund launched as a managed account sitting under its Upsilon vehicle.

The European Commission has called for a new climate resilience framework to strengthen Europe’s ability to anticipate, prepare for, and manage climate risks. The initiative calls for the establishment of a Climate Insurance Alliance, to improve coverage, drive risk prevention and encourage greater use of reinsurance and catastrophe bonds to close protection gaps.