Natural disasters

Typhoon activity in the Northwest Pacific Ocean is expected to be the highest this year since 2015, according to commercial forecaster Tropical Storm Risk.

It's the third year convective storm losses have exceeded $50 billion, according to the report, Severe Convective Storms: State of the Risk from The Insurance Information Institute.

Researchers examined more than 580,000 municipal bond issues and say the data shows communities with higher wildfire risk pay higher interest rates.

Regulators and policyholders are increasingly concerned about the impact of imagery on privacy and decision making.

Sheer luck kept all but one hurricane from U.S. shores in 2025; one landfall in 2026 could devastate servicers.

Lagos, Nigeria's commercial hub, has secured a $7.5 million flood insurance policy so some of its poorest residents can access relief when disaster strikes.

Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled.

Insurers in Australia are urging legislators to set up a A$30 billion ($21.4 billion) flood defense fund as the nation grapples with surging costs from extreme weather events.

Flood Re, a state-backed insurance program, now plans to "layer up" on cat bonds, said Chief Executive Officer Perry Thomas.

PacifiCorp has been lobbying across multiple states for laws that would effectively cap payouts to fire victims.

Imagine what a consortium of insurers, state and local governments, community leaders and technology providers could do working together.

The majority of insurance professionals responding to a predictions survey said they are expecting an increase in the frequency and severity of major climate events this year.

Insurance deserts are areas in which consumers and businesses struggle to pay for or secure coverage

The letter claims the flood insurance premium pricing change has made the product unaffordable, resulting in a large drop off in the number of policies.

A collection of stories related to the climate crisis from 2025.

Nearly 40,000 acres were burned in the Eaton and Palisades wildfires last January, killing at least 31 people and destroying 16,000 structures.

Digital Insurance contacted insurance professionals to comment on the climate crisis and natural disasters.

Fathom, acquired by Swiss Re in December 2023, provides flood hazard and terrain datasets that capture extreme outcomes.

Insured losses for so-called non-peak perils — also sometimes referred to as secondary perils — reached a record $98 billion last year, Munich Re said in a report released on Tuesday.

According to Swiss Re, 83% of losses were driven by the United States' LA wildfires and severe convective storms.