Catastrophe Risks

The 409 natural catastrophe events of 2019 resulted in economic losses of $232 billion. Of that total, private sector and government-sponsored insurance programs covered $71 billion. Read More

Findings of the World Economic Forum's "Global Risks Report 2020" reveal that economic and political polarization will rise this year, as collaboration between world leaders, businesses, and policymakers is needed more than ever to stop severe threats to our climate, environment, public health, and technology systems. Read More

Kroll Bond Rating Agency (KBRA) recently provided its views on key insurance and reinsurance industry trends and issues in the US property and casualty and global reinsurance subsectors. Read More

Willis Towers Watson reported that insured losses from major natural catastrophes in 2019 totaled roughly $53 billion, about 18 percent lower than the annual average since 2011. Read More

According to the National Oceanic and Atmospheric Administration (NOAA), in 2019, there were 14 weather and climate disaster events with losses exceeding $1 billion each across the United States. Read More