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Property

 

 

Australian insurance association declares bushfires ‘catastrophe’

Economic losses from fires likely to reach hundreds of millions of dollars, according to Aon

Australia Property

Protection gap requires strategic planning: WWF

WWF report on tackling the insurance protection gap coincides with latest scientific assessment the world has already warmed 1.4°C above pre-industrial levels

International Climate change

Northern California ‘becoming bigger wildfire risk’

Last year’s Los Angeles wildfires were a one-in-35-year event, but northern California has growing fire risk, broker says

United States Property

PRA again warns insurers on underwriting forecasts

UK regulator sets out 2026 priorities with caution about soft market and ‘overly optimistic’ models

United Kingdom Regulation

Record reinsurance capacity to drive M&A activity in 2026

As reinsurance rates soften firms are increasingly looking to deal-making to meet investor demand for growth, Mike Van Slooten, head of market analysis at Aon, says

International North America

Global heating may be worse than models project, report finds

Insurance sector could face $250bn insured losses annually by 2035, according to report by the Institute and Faculty of Actuaries and the University of Exeter

International Climate change

Liberty explores space applications for climate risk

Carrier signs memorandum of intent with European Space Agency aimed at parametric protection for agriculture and forestry sectors

Europe Climate change

Aon raises data centre programme capacity to $2.5bn

Broker increases capacity in response to accelerating global investment in cloud computing, artificial intelligence and digital infrastructure

North America International

Creating a ‘virtuous cycle’ against climate risk

Asset management and insurance industries can serve as role models for other sectors on how to innovate in tackling climate change, Allianz says ahead of World Economic Forum annual meeting

International Climate change

AI-related premium gains risk downsides, Swiss Re warns

The sizeable premium growth potential from artificial intelligence infrastructure could be offset by declines in other industries, Swiss Re says

International United States

ATA launches $750m AI infrastructure facility

Arch Insurance, Munich Re and Scor are among the re/insurers backing the consortium

North America Property

FM increases data centre limits to $5bn

Insurer claims it now offers the largest limit available to the data centre sector

United States Property
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