Catastrophe Risks
Swiss Re: H1 Catastrophe Losses Fall as Wildfire Risk Rises
Swiss Re Institute estimates global insured natural catastrophe losses reached $42 billion in the first half of 2026, 16 percent below the 10-year average. Despite lower losses, rising wildfire exposure, severe convective storms, growing development in hazard-prone areas, and reconstruction costs continue to challenge insurers and captive insurance programs worldwide. Learn More
Natural Disaster Losses Ease as Climate Risks Intensify
Global natural disaster losses reached $112 billion during the first half of 2026, slightly below the 10-year average. Munich Re warned that climate change, record-breaking heatwaves, and a strengthening El Niño continue to elevate future catastrophe risks despite lower insured losses. Prevention and resilience remain critical to reducing economic impacts. Learn More
KBRA Examines FEMA Reform Recommendations and State Disaster Roles
A Kroll Bond Rating Agency (KBRA) report examines recommendations from the Federal Emergency Management Agency (FEMA) review council that would shift greater disaster management responsibility to states and local governments. The report reviews proposed changes to disaster funding, federal assistance eligibility, and National Flood Insurance Program reforms while highlighting potential fiscal impacts and implementation challenges. Read More
Gallagher Re: First-Half 2026 Natural Catastrophe Losses Below Long-Term Average
Gallagher Re's Natural Catastrophe and Climate Report: Preliminary Overview found first-half 2026 economic and insured catastrophe losses remained below long-term averages despite numerous significant events. The report also examines the arrival of El Niño, catastrophe loss trends, and the potential implications for the remainder of the 2026 hurricane season. Read More
Aon: Global Catastrophe Losses Below Average in First Half of 2026
Aon's Global Catastrophe Recap: First Half of 2026 found global economic losses below long-term averages despite significant regional disasters. Severe convective storms remained the leading insured peril, while the Venezuela earthquakes, European heatwaves, and US storm activity highlighted the continuing financial and human impacts of natural catastrophes. Read More
Colorado State Researchers Lower 2026 Atlantic Hurricane Forecast
In the latest revision to their 2026 Atlantic hurricane season forecast, researchers from Colorado State University (CSU) now anticipate a well-below-normal hurricane season. The latest CSU forecast calls for 9 named storms this season, well below the average of 14.4 from 1991 to 2020. Read More
Moody's: Uninsured US Flood Losses Could Exceed $1 Trillion in Extreme Scenarios
Moody's analysis estimates US counties face $375 billion in uninsured residential flood losses under a 1-in-100-year flood scenario, with exposure exceeding $1 trillion in more severe events. The research highlights persistent flood insurance protection gaps, expanding flood risk, and potential credit challenges for state and local governments. Read More