insured catastrophe losses

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.

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.

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.

CatIQ, Canada’s insured loss and exposure index provider, has raised its insurance industry loss estimate for the severe thunderstorm event that impacted parts of southern Ontario and southern Quebec between June 30th and July 3rd, 2026, to CAD $491 million, a 12% increase from the firm’s second loss estimate of $439 million.

Ten extreme weather events impacted the Canadian Prairies this summer, causing widespread damage and over $1.8 billion in insured losses, according to initial estimates from CatIQ. This surge in claims has prompted the Insurance Bureau of Canada (IBC) to urge governments to take immediate action to help reduce the country’s exposure to extreme weather events.

CatIQ, Canada’s insured loss and exposure index provider, has raised its insurance industry loss estimate for the June 2026 flooding event that impacted Montreal’s West Island and the surrounding areas to CAD $442 million, a 7.5% increase from its second loss estimate of CAD $411 million that was issued in August.