verisk logo

Global insurers must prepare to absorb $171bn in insured cat losses each year: Verisk

Increasing catastrophes, inflation and construction costs are driving the continued rise in insured losses, Verisk’s 2026 Global Modelled Catastrophe Losses Report finds. According to the annual report, the insurance industry should be prepared to withstand $171 billion in insured catastrophe losses on average in a given year, up $19 billion from a year ago, and…

Read More

Reinsurance buyers expect further property rate declines: Moody’s

Reinsurance buyers expect property prices to continue declining into 2027, as abundant traditional reinsurance capacity and fewer severe catastrophe losses drive continued competition, according to Moody’s Ratings. In its annual survey of reinsurance buyers, Moody’s noted that market conditions remain favourable for reinsurance buyers heading into 2027. Within property, while terms and conditions have remained…

Read More