Parametric insurance is rising fast as a flexible, fast-paying solution to coverage gaps—driven by climate risk, market shifts, and data-driven innovation.
Rising geopolitical fragmentation threatens risk diversification while investment yields and demographics offer offsetting opportunities, according to Swiss Re.
Average rate increases ease to 2.8% from first quarter’s 3% rise, with commercial property insurance showing improvement, according to Novatae’s Market Barometer.
Despite improved defenses, rising coastal populations and climate change threaten to offset two decades of resilience investments, Swiss Re Institute analysis shows.
New technology deployments and extended forecast capabilities aim to improve storm tracking as experts anticipate 3-5 major hurricanes during continued “high activity era.”
Rising exposure values, climate change, and urbanization drive continued growth in catastrophe costs as insurance industry prepares for potential record-breaking loss scenarios: Swiss Re.
Understanding effective disaster preparedness, and how to navigate insurance claims following a disaster, has never been more critical, says Beau Bishop of Charles Taylor.
P&C insurers projected to maintain 10% ROE through 2026 despite slowing premium growth, tariff-driven auto parts inflation, catastrophe losses, and ongoing reserve challenges: Swiss Re.