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.
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
US flood exposure points to large potential uninsured losses and credit pressure for local govs: Moody’s Ratings
27th May 2026
An assessment by Moody’s Ratings, authored by Jennifer Chang, Senior Vice-President for Sustainable Finance Credit, and Firas Saleh, Director of North American Flood Models, evaluates residential flood exposure across the United States and finds substantial gaps between insured and uninsured losses at county level under different flooding scenarios. Moody’s Ratings indicates ... Read the full article
Generali and ECMWF formalise European partnership on climate risk and resilience
18th May 2026
The European Centre for Medium-Range Weather Forecasts (ECMWF), the European intergovernmental organisation specialising in weather and climate forecasting, has entered into a Memorandum of Understanding with international insurer and asset manager Generali to expand the use of quality-assured climate information in support of climate risk resilience across Europe. The agreement strengthens ... Read the full article
Willis and Cornell University collaborate on research into correlated catastrophe risk
15th May 2026
Willis, a global insurance broker and risk advisory firm, has announced a new scientific collaboration with researchers at Cornell University and the Atkinson Center for a Sustainable Future. The partnership, introduced by Willis, is focused on identifying emerging risks linked to correlated natural catastrophes. Supported by an initial one-year funding agreement, ... Read the full article
Aon updates Climate Risk Monitor 3.0 to assess heat stress and rising cooling demand
12th May 2026
Aon, a global professional services firm focused on risk and insurance-related advisory, has released an updated version of its Climate Risk Monitor platform, enhancing its ability to quantify physical climate risks and support decision-making across industries. The latest release, CRM 3.0, introduces Heat Stress analytics that assess how combinations of temperature, ... Read the full article
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