Catastrophe Risks

Munich Re expects a slightly more active North Atlantic hurricane season in 2025, citing 14–19 projected storms and uncertain El Niño–Southern Oscillation developments. Warmer sea temperatures and recent costly hurricane seasons reinforce the need for loss prevention, even as landfall predictions remain difficult. The official season runs from June through November. Read More

Swiss Re's 2025 SONAR report highlights extreme heat as a growing global threat with far-reaching effects across industries. Risks include infrastructure failure, rising insurance claims, and increased legal liability. The report urges insurers and businesses to recognize extreme heat as a systemic peril reshaping the global risk environment. Read More

Howden Re's 2025 Preseason Hurricane Outlook anticipates an active Atlantic hurricane season, citing 17 named storms and key climate drivers such as warm sea surface temperatures and a neutral El Niño–Southern Oscillation. The report aligns with forecasts from the National Oceanic and Atmospheric Administration and Colorado State University and highlights evolving factors influencing storm severity and insured losses. Read More

Swiss Re's latest sigma report projects global insured losses from natural catastrophes could reach $145 billion in 2025, continuing a 5–7 percent annual growth trend. In peak years, driven by hurricanes or earthquakes, insured losses could rise to $ 300 billion, highlighting the growing need for reinsurance capital and mitigation. Read More

Catastrophes were responsible for at least $83 billion in economic losses worldwide during the first quarter of this year, well above both the 21st century first-quarter average of $61 billion and the $54 billion in losses during the same period last year, according to Aon. Read More