insured catastrophe losses

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.

Catastrophe data aggregator PERILS has issued its fourth and final industry loss estimate for Windstorm Éowyn, which affected the British Isles during the period of January 24th – 25th 2025, putting the insured market loss at €765 million.

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.

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.

Catastrophe data aggregator PERILS has provided its first initial insurance industry loss estimate for the severe convective storms (SCS) that struck Australia’s East Coast in late October, at AU $1.108 billion (USD $736 million).

According to insurance and reinsurance broker Aon, global insured losses from natural catastrophes reached $114 billion after one of the lightest (in loss terms) third-quarters in decades, thanks in part to the quiet hurricane season.

In its Q3 2025 Natural Catastrophe and Climate Report, reinsurance broker Gallagher Re has suggested that despite the manageable nature of catastrophe activity seen this year so far, the industry should continue to expect annual volatility in losses in the future.

CatIQ, Canada’s insured loss and exposure index provider, has raised its insurance industry loss estimate from the ice storm that struck Ontario and Quebec between March 28 and 31 to CAD $490 million, an 18% increase from its third loss estimate of CAD $416 million that was issued in July.