Topic
Property and catastrophe insurance
393 stories · tracked since Aug 9, 2024 · latest Sep 22, 2026
Property insurance covers damage to buildings and their contents, and catastrophe insurance is the slice of it that responds to large natural disasters. It spans homeowners and commercial policies as well as the reinsurance and catastrophe-bond markets that carriers use to spread the risk further.
How risk moves from a policyholder to capital markets
A property policy sits with a primary insurer, which prices the risk of fire, water damage, theft and storm loss on an individual building. For catastrophe exposure the insurer usually cedes part of that risk to a reinsurer, paying a premium in exchange for the reinsurer covering losses above an agreed attachment point. Reinsurers in turn buy retrocession, and increasingly issue catastrophe bonds, so a hurricane in Florida or an earthquake in Japan can end up funded by pension funds and hedge funds through the insurance-linked securities market rather than by a single balance sheet.
Why pricing has become harder to hold steady
Catastrophe losses have grown more volatile as wildfire, severe convective storm and flood exposure spreads into areas that older models underpriced, so insurers and reinsurers have pushed rates up and tightened terms even in years without a single named hurricane landfall. Claims handling has become its own flashpoint: policyholders and regulators have challenged carriers over how wildfire and flood claims are investigated and paid, and litigation over depreciation, additional living expenses and toxin remediation now shapes underwriting decisions as much as the physical risk itself.
Indemnity cover versus parametric triggers
Most property catastrophe insurance is indemnity-based: it pays out according to the actual, assessed cost of the damage, which can take months to determine after a major event. Parametric insurance instead pays a fixed amount once an independently measured trigger, such as a wind speed or an earthquake's magnitude at a given location, is crossed, regardless of the policyholder's real loss. It settles faster and needs no adjuster, which is why it is spreading into markets like flood, agriculture and multinational programs that indemnity cover struggles to reach quickly.
Who is active in the coverage below
The activity here runs across primary insurers, global reinsurers, specialty brokers and the catastrophe-modelling firms that price the risk for all of them, alongside newer entrants building parametric platforms. Coverage leans heavily on reinsurance-market commentary — pricing outlooks, executive moves, new underwriting appointments — alongside loss estimates for individual storms and wildfires from independent data providers. It regularly overlaps with claims and underwriting practice, with artificial intelligence tools being adopted for risk modelling and claims triage, and with partnership and product-launch announcements as brokers and MGAs roll out new catastrophe offerings.
Written by Insurtech Daily from the coverage below.
Most active here
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Reported by
Reinsurance News, Insurance Business, Insurance Journal, Coverager, Insurtech Insights, Digital Insurance, Artemis, Insurance Business UK, Beinsure, FF News
Coverage
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INTX expands Bermuda presence with Bespoke Analytics partnership
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People: Hotaling’s Dieppa Appointed to Florida Citizens Board of Governors
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Montreal-area June flooding loss estimate climbs to CAD 442m: CatIQ
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CatIQ raises Montreal West Island flooding insured loss estimate to C$442m
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Lumos Insurance Names Ian Meadows Managing Director of Global P&C and Specialty
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TIAA names Kessler as President of Seven30 Re & Head of Global Reinsurance
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European Commission launches Climate Insurance Alliance
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The Technology Taking Parametric Insurance Mainstream
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Video: Cultural alignment key to success of Nationwide and Ryan Re partnership, says Johnston & Issavi
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Property reinsurance investing offers more manageable tail risk than perceived: Agecroft
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Commercial property underwriting still needs human judgement
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CatIQ estimates Bald Range wildfire insurance losses at CAD 313m
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KCC launches RiskInsight 4.16, expanding workflow automation and integration
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Swiss Re sees adequate opportunities in short-tail lines and data centres: Urs Baertschi
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L&G Re appoints Gwen Weng as Head of Capital Management
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Canopius creates Group Analytics function led by Nick Betteridge
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Miller grows Asia presence with new Malaysia branch
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World Insurance Associates Acquires Texas’ Cubriel
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EigenRisk integrates GeoX property intelligence into EigenPrism to elevate underwriting accuracy
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LA County opens investigation into Farmers over wildfire claims handling
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Digital footprint data can improve cyber claim prediction: Gallagher Re and KYND
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IGI launches cyber reinsurance MGA
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Underwriters say AI is saving time, not improving decisions
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Catastrophe claims: the platform holds, the handoffs don't
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Industry loss estimate for Saskatchewan and Manitoba severe weather reaches CAD 923m: CatIQ
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Gregg’s E&S insurer Orion180 sets terms for up to $1.7 billion Nasdaq debut
The Florida-based excess and surplus homeowners insurer is testing investor appetite with a huge valuation multiple
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Specialty Insurer Orion180 Seeks to Raise $340 Million in IPO
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Oxbow Partners’ Sandilands says reinsurers must transition to ‘small big companies’
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Aon adds new capability to Risk Analytics Platform to aid risk evaluation
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Knack launches small business insurance platform
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Cyber reinsurance market to shift focus to strategic deployment: Ariel Re’s Carr
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Viewpoint: Reinsurance Market to Experience Further Softening, M&A on Ample Capacity
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Sompo Japan and ICEYE collaborate on flood risk modelling
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SiriusPoint’s Govrin flags property rate pressure and rising AI adoption across re/insurance
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The proving ground - bermudareinsurancemagazine.com
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London treaty reinsurance falls 6% but stays twice its 2020 level
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Investors should not view cat bonds and private reinsurance as competing asset classes: Bruns, LGT
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Cedar Trace brings Bermuda's US$1 billion platform to Lloyd's
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SCOR leans into AI as reinsurer warns of governance and liability challenges
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Showing the 60 most recent of 393.