Reinsurance News
climate risk
Climate risk related insurance and reinsurance news and analysis.
The impacts of climate related risks are a key topic for the insurance and reinsurance industry, while providing risk transfer solutions to hedge against and protect from climate risk related losses is an important area of innovation for the market.
Iberian storm losses put reinsurance risk in focus, Marsh Re reports
21st September 2026
The 2025–26 European windstorm season has highlighted the importance of regional concentration, flooding and multi-peril exposure for insurers and reinsurers, according to Marsh Re, the reinsurance broking and advisory business of Marsh. While the season produced significant losses in Spain and Portugal, Marsh Re says it does not necessarily signal a ... Read the full article
Global reinsurance sector expected to remain well capitalised despite softer pricing: S&P
7th September 2026
S&P Global Ratings, a global provider of credit ratings, research and financial analysis, expects the international reinsurance sector to remain strongly capitalised and profitable through 2026 and 2027. The company said reinsurers should have sufficient financial strength to absorb significant losses, although the market continues to face challenges from rising claims ... Read the full article
Stronger El Niño effects could pressure Brazil’s insurance results: Fitch
28th August 2026
Fitch Ratings, a global credit ratings agency providing assessments and analysis across financial markets, expects intensifying El Niño conditions to create additional challenges for Brazil’s insurance industry. The agency said more frequent and severe weather events could result in higher claims and weaker technical performance, particularly among insurers with significant exposure ... Read the full article
AI reshaping cat modelling as re/insurers seek more current risk insight, reports KCC
19th August 2026
Karen Clark & Company (KCC), a catastrophe risk modelling firm serving re/insurers and insurance-linked securities investors, says artificial intelligence could significantly change how catastrophe models are developed and updated, with implications for reinsurance pricing, underwriting and capital management. In a white paper published in August 2026, KCC says catastrophe modelling is ... Read the full article
SEADRIF reports further progress in expanding disaster risk insurance across Southeast Asia
14th August 2026
The Southeast Asia Disaster Risk Insurance Facility (SEADRIF), a regional organisation working to strengthen financial protection against disasters and climate-related risks, has outlined progress made during 2025 and identified areas requiring further development in its latest annual report. Titled Protecting What Matters: Scaling Disaster and Climate Risk Insurance Across Southeast Asia, ... Read the full article
Insured nat cat losses fall to $42bn in H1’26: Swiss Re
11th August 2026
Global insured losses from natural catastrophes reached an estimated USD $42 billion in the first half of 2026, according to Swiss Re Institute, the research arm of global reinsurance company Swiss Re. The figure was down sharply from USD $91 billion in the first half of 2025 and was 16% below ... Read the full article
Munich Re CEO says P&C demand will continue to rise as market moves towards balance
10th August 2026
Christoph Jurecka, Chief Executive Officer (CEO) of Munich Re, one of the world’s largest global reinsurance companies, has said he expects demand for property and casualty (P&C) reinsurance to continue growing over the medium to long term, supported by rising levels of uninsured risk, emerging exposures, and the increasing impact ... Read the full article
Ceres supports California proposal on long-term insurance solvency planning
4th August 2026
Ceres, a US-based non-profit organisation that works with investors, companies and policymakers to advance sustainable business practices and improve the management of climate-related financial risks, has voiced its support for a proposed California regulation that would require the state's largest domestic insurers to prepare long-term solvency plans addressing financial risks, ... Read the full article
Spain & France wildfires likely an earnings event for insurers unless urban areas hit: Morningstar DBRS
27th July 2026
The wildfires spreading across Spain and France represent one of Europe’s most significant fire events in recent years, however Morningstar DBRS, a global credit ratings agency providing financial intelligence and credit ratings, said the current losses are more likely to be reflected as an earnings event for insurers rather than ... Read the full article
KatRisk expands catastrophe modelling platform with new wildfire risk capabilities
21st July 2026
KatRisk, a provider of catastrophe risk modelling and analytics for the insurance and reinsurance industries, has introduced a new generation of wildfire risk capabilities. The company said the solution combines Technosylva's physics-based wildfire science with KatRisk's catastrophe modelling and portfolio analytics technology to provide insurers with a more detailed view of ... Read the full article
Weather events increasing claims complexity and cost in property loss adjusting: Gallagher Bassett
8th July 2026
Gallagher Bassett, a global claims and risk management provider operating across the United Kingdom, Europe, the Middle East, Asia, North America and Australia, has highlighted how changing weather patterns are contributing to higher costs and increasingly complex property claims within loss adjusting. Traditionally, insurers and loss adjusters were able to rely ... Read the full article
Swiss Re warns of rising heat stress on Switzerland’s climate resilience
25th June 2026
Swiss Re, a Zurich-based global reinsurance group, has released findings via its Swiss Re Institute showing that increasing temperatures are placing growing pressure on Switzerland’s established ability to manage natural hazards. The company notes that Switzerland already benefits from strong protection against events such as floods and storms, supported by prevention ... Read the full article
Willis enhances climate risk modelling capabilities with updated climate diagnostic solution
15th June 2026
Willis, the insurance broking, risk advisory and consulting arm of WTW, has introduced an upgraded version of its Climate Diagnostic solution, aimed at helping organisations assess and respond to the growing impact of climate-related risks on property insurance markets. The updated tool forms part of WTW’s Risk IQ platform and, according ... Read the full article
94% of US business owners fear insurance gaps, driving shift to integrated risk strategies: Gallagher
12th June 2026
US business owners are moving beyond reactive risk management and embedding risk into how they operate, invest and grow, a recent survey by global insurance broker Gallagher revealed. Gallagher’s fourth annual Business Owners Survey, which included the participation of 1,000 business owners, highlights a broader shift toward more proactive risk practices, ... Read the full article
Property Guardian and EigenRisk launch integrated Wildfire Risk Intelligence for underwriters
9th June 2026
Property Guardian, a wildfire risk intelligence company serving the insurance industry, has entered into a new channel partnership with EigenRisk, a provider of real-time catastrophe and climate risk analytics. Under this collaboration, Property Guardian’s wildfire risk intelligence has been integrated directly into the EigenPrism platform, allowing commercial property underwriters and portfolio ... Read the full article
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