Expectations that property catastrophe reinsurance pricing is on the wane heading into 2025 could be wide of the mark, while personal auto underwriting margins may still have some way to go before hitting their peak, according to BofA Securities analyst Joshua Shanker.

Estimated insured losses from natural catastrophes are on track to exceed $135bn in 2024, the fifth consecutive year insured losses have passed the $100bn mark, according to Swiss Re Institute.

This year's tropical cyclone season was marked by "exceptionally severe" storms, with losses significantly above the 10-year average, analysis by Munich Re has found.

The National Flood Insurance Program (NFIP) has already paid out over $1.4bn in losses stemming from Hurricane Helene as it works to process the more than 56,000 claims that have been filed since the storm made landfall in late September.

Canada's natural catastrophe loss bill is projected to exceed C$8bn ($5.7bn) this year, driving adjustments in pricing, attachment points and deductibles, according to Jolee Crosby, CEO of Swiss Re Canada.

The European Insurance and Occupational Pensions Authority is seeking feedback on plans to develop an awareness tool to help policyholders understand their property's exposure to natural hazards.

New data on fast-evolving risks is cascading into the insurance market. New thinking about risk may be a little slower, writes William Pitt.

MGA Sola has launched a parametric insurance product for US homeowners covering severe convective storm losses from wind and hail, underwritten by Tokio Marine Kiln (TMK).

Property Claim Services (PCS) has issued an updated estimate of $14.7bn for insured losses from Hurricane Milton, almost three times its initial estimate of $5bn, The Insurer understands.

Trium 1322, the Lloyd’s start-up backed by Jim Stanard and Rod Fox, expects to write $179.5mn GWP in 2025, more than double what it is now projecting for 2024.

November 24 (Reuters) by Muvija M – Storm Bert battered Britain with snow, rain and strong winds on Saturday, killing one person and closing several railway lines, bridges and roads.

Recoop Disaster Insurance has inked a new distribution deal with insurtech platform Bindable through which the multi-peril disaster-focused homeowners and renters-focused MGA can sell its coverage.

Property insurance rates in Europe are stabilising, but climate risks still pose challenges for corporates and insurers, according to discussions at the Ferma Forum 2024.

An atmospheric river that caused widespread flooding along the southern British Columbia coastline in Canada between 18 and 20 October has generated insured damages of over C$110mn ($78mn), according to Catastrophe Indices Qualification and Quantification (CatIQ).

The Texas Windstorm Insurance Association (TWIA) has projected total reinsurance limit purchased in 2025 could be as high as $5.8bn including rolled over cat bond capacity, up 43 percent year on year based on a higher exposure base and the impact of Hurricane Beryl.