Tag: catastrophe risk

Stand Insurance Raises $35M to Expand Homeowners Coverage in High-Risk Florida Market

Stand Insurance Raises $35M to Expand Homeowners Coverage in High-Risk Florida Market

Stand Insurance secures $35 million in Series B funding to expand homeowners insurance into Florida's high-risk catastrophe market. Focus on resilience, AI-driven underwriting, and property risk mitigation.

DBRS Morningstar Maintains Neutral Outlook for Canada P&C Insurance in 2026

DBRS Morningstar keeps a neutral outlook for Canada's property and casualty insurance sector in 2026 amid underwriting discipline, competitive pricing, regulatory changes, and climate-related risks, with easing reinsurance costs improving insurer resilience.

Singapore Non-Life Insurance Sector Growth Amid Margin Pressures

Singapore's non-life insurance sector grows with foreign and regional business despite margin pressures and catastrophe-related earnings volatility.

Stand Secures $35M Series B to Expand Resilience-Linked Property Insurance into Florida

Stand raises $35M to expand its resilience-linked property insurance model from California to Florida’s high-risk windstorm market, promoting mitigation-based coverage.

Verisk Reports $152B Global Annual Property Loss from Natural Catastrophes in 2025

Verisk's 2025 report reveals global insured property losses from natural catastrophes have risen to $152B annually, driven by frequent severe events. Insurers must adjust risk models and strategies to manage growing catastrophe exposures effectively.

Kin Insurance Secures $1.6B Catastrophe Reinsurance for 2025-26

Kin Insurance completes $1.6 billion catastrophe reinsurance program for 2025-26, enhancing risk management and regulatory compliance in homeowners insurance.

Heritage Insurance Secures $285M Boost in 2025-26 Catastrophe Reinsurance Program

Heritage Insurance Holdings completed its 2025-2026 catastrophe excess-of-loss reinsurance program with a $285 million increase in limits and incorporation of catastrophe bonds, enhancing risk transfer capacity and financial stability.