The Swiss Re Institute forecasts $107B in global insured losses from natural catastrophes in 2025, with the U.S. facing 83% of the impact driven by wildfires and storms. This trend influences insurance underwriting, risk modeling, and industry resilience efforts.
In 2025, global insured natural catastrophe losses surpassed $100 billion for the sixth year straight, driven by U.S. wildfires and severe storms, shaping insurance risk strategies.
The UK Prudential Regulation Authority enhances regulatory oversight of the expanding bulk annuity market, emphasizing insurer resilience, funded reinsurance risk, solvency-triggered termination rights, and new investment accelerators to balance policyholder protection with market growth.
Louisiana Department of Insurance approves a 7.5% average rate decrease for homeowners and dwelling policies, driven by lower reinsurance costs and regulatory reforms enhancing market capacity.
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.
Everest Group appoints Katy Bradica as group chief actuary and Attila Kerényi as chief risk officer to enhance underwriting and risk management strategies in 2026.
Fitch Ratings projects steady underwriting profitability for U.S. property/casualty insurers in 2026 with premium growth slowing and reinsurance market evolving. Combined ratios expected near historical lows, while M&A activity rises amid softening rates.
Louisiana Insurance Commissioner approves average 7.5% rate cuts for SureChoice and Elevate homeowners policies, driven by reduced reinsurance costs and 2024 property insurance reforms.
Louisiana Insurance Commissioner approves 7.5% average rate cut for SureChoice and Elevate homeowners policies, driven by reduced reinsurance costs. Effective Feb 2026.
Munich Re unveils Ambition 2030 strategy focused on superior underwriting, digital innovation, and sustainable growth, targeting €6.3 billion profit and over 18% ROE.
