Winter Storm Fern to Cause Up to $6.7B in Insured Losses February 3, 2026 By Chad Hemenway The late January winter storm will cause insured losses of up to $6.7 billion, making it one of the costliest...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion November 6, 2025 By L.S. Howard Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured...
When Luck Runs Out: Where $100B Hurricanes Might Happen August 27, 2025 Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give...
Wildfire Losses Increasing But Still Small Compared to Hurricanes: KCC April 16, 2025 Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes, according to a new...
Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best November 1, 2024 By L.S. Howard AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year...
KCC Expects Private Insured Losses of $36B From Hurricane Milton October 15, 2024 By Chad Hemenway Florida’s Hurricane Milton caused private insured losses of about $36 billion, estimated catastrophe modeler Karen Clark & Co. The estimate...
Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities July 16, 2024 By Gautam Naik Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money...
Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC July 11, 2024 Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe...
Risk Models Behind Insurance-Linked Securities Are Getting a Lot Harder to Crack February 26, 2024 By Gautam Naik and Sheryl Tian Tong Lee As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on...
After $70 Billion Hit, Insurers Wake Up to Growing Risks of Severe Convective Storms January 25, 2024 By Gautam Naik The insurance industry is grappling with a new kind of weather risk that’s increasingly driving its biggest loss category. While...