insurance

New data released by the Insurance Council of Australia (ICA) shows that the total cost of extreme weather events that impacted Australia throughout 2025 resulted in almost $3.5 billion in insured losses, stemming from 264,000 claims.

Descartes Underwriting, a specialist underwriter of parametric risk transfer opportunities, has unveiled a new parametric product suite for data centres, providing flexible capacity of up to $140 million per policy against natural perils that threaten timely completion of construction, commissioning, and ongoing service delivery.

While headline global insured catastrophe loss estimates are all pointing to a tally below averages, reinsurance broker Gallagher Re has highlighted that for the United States the $100 billion of insured losses experienced in 2025 was around 12% above the 10-year average.

Insured catastrophe losses in Canada reached CAD $2.4 billion for full-year 2025, marking the ninth-largest loss year on record for the country, placing it at the lower end of the past five years of annual loss totals, according to an estimate from CatIQ, Canada’s insured loss and exposure indices provider.

According to insurance and reinsurance broking group Aon, global insured losses from natural disaster events in 2025 reached $127 billion, marking the sixth consecutive year that insurance payouts have exceeded the $100 billion threshold.

MS Amlin has promoted Sarah Wilson to Head of Outwards Reinsurance, a role which will see her guide the strategic direction of the company’s reinsurance buying, potentially influencing engagement within the ILS market, particularly through the firm’s Phoenix Re sidecars.

The full agenda with speaker allocation to panels is now available for our upcoming insurance-linked securities conference in New York. Tickets are starting to run low for ILS NYC 2026, so we urge you to register to guarantee you can attend the event.

Global law firm Norton Rose Fulbright has expanded its Insurance Transactional and Regulatory team by appointing experienced insurance-linked securities (ILS) figure Bhavna Agnihotri, as senior counsel within its New York office.

Following the launch of Interactive Brokers’ ForecastEx platform, which allows investors to buy ‘yes’ or ‘no’ contracts based on stated outcomes for specific indicators, Artemis spoke to Patrick Brown, Head of Climate Analytics at the firm, about how these contracts allow investors to access risk-linked returns, as well as some of the key advantages they […]

According to global reinsurance company Munich Re, 2025 was the costliest year ever for insured losses from non-peak catastrophe perils, making up the bulk of the total as global insured natural disaster losses reached around US $108 billion.