insured losses

According to a new report from Swiss Re Institute, whilst global insured losses in 2025, at US $107 billion, fell below the long-term natural catastrophe trend, secondary perils, including severe convective storms (SCS), wildfires, and floods, accounted for a record 92% of the total.

Catastrophe data aggregator PERILS has updated its estimate of insurance industry losses for the severe convective storms (SCS) that hit Queensland and New South Wales between November 21st to 27th 2025, lifting the total almost 11% to AU $2.95 billion.

Losses from winter storms Hernando and Fern, both of which have occurred in the opening months of 2026, are expected to impact primary insurers more than reinsurance capital providers, according to ratings agency AM Best.

Catastrophe data aggregator PERILS has provided its first insurance industry loss estimate for the Victoria Bushfires which took place between January 7th and 13th 2026, at AU$786 million.

Catastrophe data aggregator PERILS has provided its first insurance industry loss estimate for extratropical European windstorm Goretti that affected southwestern England, northern France and Belgium on January 8th and January 9th, at EUR 467 million.

Verisk is the second of the catastrophe risk modelling specialists to release an estimate for insurance industry losses caused by recent winter storm Fern in the United States, saying the total could reach $4 billion.

Catastrophe risk modelling specialists at Karen Clark & Company (KCC) have pegged private insurance industry losses from winter storm Fern in the US at $6.7 billion, with estimated losses the highest in Texas and Tennessee.

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 […]

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.