Munich Re: Insured Losses From Wildfires, Storms and Floods Hit Record High January 13, 2026 By Stephan Kahl Insured losses for so-called non-peak perils reached a record $98 billion last year, Munich Re said in a new report.
Munich Re Reports Insured Losses Hit $80B in First Half of Year, Driven by US Claims July 29, 2025 Natural disasters across the globe cost insurers $80 billion during the first half of 2025, up from $64 billion in...
Cyberattack Surge Creates Opportunity, Premium Rethink for Insurers May 28, 2025 By Maggie Shiltagh and Chloé Meley A recent surge in high-profile cyberattacks is offering an opportunity for insurers to cash in from a rapidly expanding market...
Hedge Funds Are Hunting Deals in Risks Too Big for Insurers April 7, 2025 By Natasha White As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires February 26, 2025 By Tom Sims and Alexander Huebner Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
Extreme Weather Sends Insured Losses 70% Above Historical Norms July 31, 2024 By Stephan Kahl Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the...
Natural Disasters Led to $250B in Global Losses Last Year January 12, 2024 By Stephan Kahl Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half...
Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row August 25, 2023 Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail...
$2M Insurance Policy in Effect for Hawaii Coral Reefs in time for Hurricane Season June 14, 2023 HONOLULU (AP) — An environmental group has a $2 million insurance policy on Hawaii’s coral reefs, which is in effect...
Insured Losses Hit $120 Billion as Extreme Weather Spreads January 10, 2023 By Stephan Kahl The insurance industry is struggling to adapt to a new normal in which losses fueled by climate change are now...