Catastrophe Risks
Munich Re Projects Slightly Above-Average Hurricane Activity for 2025
Munich Re expects a slightly more active North Atlantic hurricane season in 2025, citing 14–19 projected storms and uncertain El Niño–Southern Oscillation developments. Warmer sea temperatures and recent costly hurricane seasons reinforce the need for loss prevention, even as landfall predictions remain difficult. The official season runs from June through November. Learn More
Swiss Re Flags Extreme Heat as Cross-Industry Risk Factor
Swiss Re's 2025 SONAR report highlights extreme heat as a growing global threat with far-reaching effects across industries. Risks include infrastructure failure, rising insurance claims, and increased legal liability. The report urges insurers and businesses to recognize extreme heat as a systemic peril reshaping the global risk environment. Learn More
Howden Re's 2025 Preseason Hurricane Outlook Signals Active Atlantic Season
Howden Re's 2025 Preseason Hurricane Outlook anticipates an active Atlantic hurricane season, citing 17 named storms and key climate drivers such as warm sea surface temperatures and a neutral El Niño–Southern Oscillation. The report aligns with forecasts from the National Oceanic and Atmospheric Administration and Colorado State University and highlights evolving factors influencing storm severity and insured losses. Read More
Swiss Re: Natural Catastrophe Insured Losses Projected to Reach USD 145 Billion in 2025
Swiss Re's latest sigma report projects global insured losses from natural catastrophes could reach $145 billion in 2025, continuing a 5–7 percent annual growth trend. In peak years, driven by hurricanes or earthquakes, insured losses could rise to $ 300 billion, highlighting the growing need for reinsurance capital and mitigation. Read More
First-Quarter Catastrophe Losses Exceed Average Losses for Period
Catastrophes were responsible for at least $83 billion in economic losses worldwide during the first quarter of this year, well above both the 21st century first-quarter average of $61 billion and the $54 billion in losses during the same period last year, according to Aon. Read More
Catastrophe Bond Issuance Hit a Record Pace During First Quarter
New issuance of catastrophe bonds and related insurance-linked securities (ILS) began 2025 at a record pace, with $7.1 billion in first-quarter issuance, according to a new report from Artemis. New catastrophe bond and ILS issuance during the first quarter was up $2.8 billion from the same period in 2024. Read More
Colorado State Team Predicts Above-Average Atlantic Hurricane Season
Researchers at Colorado State University (CSU) are forecasting above normal activity for the 2025 Atlantic hurricane season. The CSU team's initial 2025 Atlantic hurricane forecast predicts 17 named storms with 9 of those storms becoming hurricanes, 4 of which are expected to be major hurricanes of Category 3 or higher. Read More