1+ week, 5+ day ago   (762+ words) The global insurance industry did not get a quiet year in 2025. It got a year without a US landfalling hurricane that still produced more than US$100 billion in insured losses, for the sixth consecutive year. The average annual loss (AAL)…...

1+ week, 6+ day ago   (465+ words) The analysis, published as part of the ICA's annual Insurance Catastrophe Resilience Report, draws on Cotality's Cordell Construction Cost Index (CCCI). It shows building costs rose around 30% in the five years to March 2026, against consumer price index growth of about 24% over…...

1+ week, 6+ day ago   (466+ words) Santam kept the underwriting margin in its conventional insurance business above the midpoint of its 5% to 10% target range in the first half of 2026, despite weather-related catastrophe losses and other large claims increasing from R144 million to R1.5 billion. Significant losses were incurred…...

2+ week, 5+ day ago   (202+ words) Hurricane Lala triggered a $200,000 payment on a policy built to protect a natural asset rather than a building. For an industry still selling the promise of parametric coverage, it's a rare real-world proof point. When Hurricane Lala hit the Big…...

3+ week, 6+ day ago   (446+ words) Traditional firms used 77% of available funds. Global dedicated reinsurance capital reached a record $663b at the end of 2025, up from $607b a year earlier, as traditional reinsurers and third-party investors continued to add capital whilst the amount needed to support industry risks…...