Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total…
Browsing: Losses
According to a new report from Swiss Re Institute, whilst global insured losses in 2025, at US $107 billion, fell…
The report, “Securing the Supply Chain: A 2026 Blueprint for Countering Smarter Theft,” reveals that cargo theft is no longer…
38,000 claims reported as storms sweep multiple states
Severe convective storm (SCS) outbreaks across parts of the United States this week are anticipated to drive insurance market losses…
The insurer also reported full-year direct written premiums of $289.8 million, down 15.3% from 2024. Fourth-quarter direct written premiums fell…
Nearly every state legislative incumbent was poised to win their primary on Tuesday, in a stark change from the conservative…
Catastrophe data aggregator PERILS has updated its estimate of insurance industry losses for the severe convective storms (SCS) that hit…
Losses from winter storms Hernando and Fern, both of which have occurred in the opening months of 2026, are expected…
Cyberattacks are no longer designed solely to cause immediate business disruption. Instead, they are increasingly engineered to inflict sustained financial,…
US insurer Allstate has announced estimated pre-tax catastrophe losses of $175 million for January 2026, primarily related to recent winter…
The insurance-linked securities (ILS) market is coming off a remarkable year, bolstered by record catastrophe bond issuance. According to Jean-Louis…
“At an industry level, employment growth in January was still largely concentrated in health care, adding 123,500 of the 172,000…
Thorsten Neumann, president and chief executive of TAPA EMEA, said criminals are combining physical theft with identity fraud, using forged…