Global insurers must prepare to absorb $171bn in insured cat losses each year: Verisk

Increasing catastrophes, inflation and construction costs are driving the continued rise in insured losses, Verisk’s 2026 Global Modelled Catastrophe Losses Report finds. According to the annual report, the insurance industry should be prepared to withstand $171 billion in insured catastrophe losses on average in a given year, up $19 billion from a year ago, and […] The post Global insurers must prepare to absorb $171bn in insured cat losses each year: Verisk appeared first on ReinsuranceNe.ws.

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.