Secondary perils accounted for a record 92% of global insured natural catastrophe losses in 2025, and trend-line projections point to $148 billion in 2026, according to Swiss Re Institute.
The 2026 FM Resilience Index reveals that emerging physical risks — particularly water stress and fire hazards — are creating blind spots for businesses planning expansion and operations.
More than two-thirds of executives feel more stressed in 2025 than the prior year—driven in part by the rising frequency and severity of extreme weather events. Insurance experts say proactive planning and comprehensive coverage strategies can help businesses build resilience against these growing environmental threats.
With billion-dollar disasters now averaging 23 per year, the Associate in Catastrophe Risk and Resiliency™ program addresses the industry’s urgent need for specialized catastrophe risk management expertise.
In a rapidly evolving landscape shaped by climate challenges and technological disruption, finding the right balance between fostering innovation and protecting consumers has never been more critical, says Scott White.