Global insured losses from natural catastrophes are on trend to hit USD 145 billion in 2025, continuing a steady 5%–7% annual growth trend seen in recent years, according to reinsurance giant Swiss Re.In their latest sigma report, Swiss Re noted that insured losses totaled USD 137 billion in 2024, with the increase largely driven by … Read more
A proposal published by the European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) calls for a natural catastrophe insurance system that includes pooling private risks, strengthening disaster risk management, and the use of catastrophe bonds to support catastrophe reinsurance availability for Europe.It follows a discussion paper from 2023 that called … Read more
By Lewis Nibbelin, Contributing Writer, Triple-I Triple-I recently kicked off a new webinar series featuring its Non-Resident Scholars. The first episode focused on the rising severity of natural catastrophes and innovative data initiatives these scholars are engaged in to help mitigate the impact of these perils. Moderated by Triple-I’s Chief Economist and Data Scientist Michel … Read more