RISK RADAR · BUSINESS LINE
Property and catastrophe
Strategic risks that hit property and catastrophe: homes, commercial property, natural catastrophe, business interruption.
ARGUS’S READING Rising · Reported European weather-cover withdrawal adds insurability pressure, while French riots produce correlated claims.
Property and catastropheCasualty and liabilityMotorMarine, aviation and transportEnergy, engineering and constructionCredit, surety and political riskCyberAgricultureLife, annuities and pensionsHealth and medicalWhole industry
1–3 yrsClaims and pricing
Sigma insights 07/2026: Insuring AI: data centre value accumulation risks ↗
Data centre clustering concentrates large insured property values, creating a new accumulation risk for insurers.
NowClaims and pricing
Sigma 1/2025: Natural catastrophes: insured losses on trend to USD 145 billion in 2025 ↗
Insured natural catastrophe losses are tracking toward USD 145 billion, a rising loss trend for property catastrophe writers.
1–3 yrsClaims and pricing
APCIA Applauds Senate Passage of Long-Term TRIA Reauthorization The American Property Casualty Insurance Association (APCIA) today applauded the U.S. Senate’s unanimous passage of... ↗
Senate passage of long-term TRIA reauthorization sustains the federal terrorism backstop that insurers rely on.
1–3 yrsBusiness model
Commissioner Lara and Assemblymember Calderon announce legislation transforming the California FAIR Plan ↗
Transforming the California FAIR Plan changes residual wildfire property market obligations for insurers.
NowClaims and pricing
Commissioner Lara protects nearly 150,000 Californians in Kern, Santa Barbara, San Luis Obispo and Ventura counties from non-renewals following Gifford Fire ↗
Non-renewals covering nearly 150,000 Californians after a fire signal insurers retreating from wildfire-exposed property.
1–3 yrsBusiness model
German ministers finally move on nat cat cover ↗
Proposed mandatory home nat-hazard cover would reshape residential policies and the protection gap.
NowClaims and pricing
Why Tropical Cyclone Risk Demands More Than a Seasonal Forecast ↗
Tropical cyclone risk needs more than seasonal forecasts, so property cat pricing must rely on deeper modelling.
1–3 yrsBusiness model
South Korea plans state reinsurance backstop for storm, flood, earthquake cover ↗
State backstop for nat cat reinsurance would reshape private cover demand and insurability of storm, flood and quake.
1–3 yrsClaims and pricing
Emergency services veterans warn of growing bushfire toll ↗
Projected bushfire losses of $6bn a year for 30 years would reprice property cover in fire-exposed regions.
NowClaims and pricing
Insurers add war-risk cover to home policies, sometimes without consent ↗
War-risk cover added to home policies, sometimes unconsented, creates silent war exposure in property books.
NowClaims and pricing
Mendocino County FAIR Plan policyholders face statewide 29% average rate hike • The Mendocino Voice | Mendocino County, CA ↗
Residual-market rate rises signal wildfire-exposed property is becoming harder to insure affordably.
1–3 yrsBusiness model
Portugal Plans Mandatory Home Insurance Against Natural Disasters ↗
Mandatory natural-disaster cover would widen the insured base and reshape property catastrophe distribution in Portugal.
1–3 yrsClaims and pricing
Catastrophe Losses Stay Below Average Through First Nine Months of 2026 as Record El Niño Builds ↗
A record El Niño building could shift peril patterns, though catastrophe losses are currently below average.
NowClaims and pricing
Florida Supreme Court opens door to some lawsuits against insurers ↗
A Florida Supreme Court ruling opens more suits against insurers, expanding their litigation exposure.
1–3 yrsBusiness model
Australian insurers submit to ASIC a Code of Practice that would make key promises legally enforceable
Enforceable Code obligations and automatic acceptance of long-delayed home and motor claims would raise insurers' claims-handling liability.
1–3 yrsClaims and pricing
Expanded 'WUI' boundary doesn't seem to impact fire insurance renewals, but materials, landscaping might ↗
Wildfire-zone expansion may not yet move fire renewals, but home materials and landscaping could reprice exposure.
NowClaims and pricing
Frequent perils drive $92bn cat bill despite mega event lull: Gallagher Re ↗
Frequent perils keep driving catastrophe losses even when mega events are quiet.
NowClaims and pricing
China’s Natural Disaster Losses Hit $30 Billion in First Nine Months of 2026 ↗
China's nine-month disaster losses signal heavy natural-catastrophe loss exposure for property insurers.
NowClaims and pricing
Firefighter strikes delay NZ fire response as property risk questions mount ↗
Sustained firefighter strikes weaken NZ fire response, which could raise property loss severity.
NowBusiness model
Hotels explore collective insurance arrangement…JHTA surveys members as dissatisfaction grows over delayed and reduced hurricane payouts ↗
Disputed hurricane payouts push Jamaican hotels toward collective cover, signalling a widening protection gap.