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
NowClaims and pricing
‘Patch frenzy’: PHP web security panic may bring BI claims ↗
A widespread PHP flaw could trigger business-interruption claims, testing where cyber and property cover overlap.
NowClaims and pricing
California's Home Insurance Crisis Is Showing Up in One Place Most Homeowners Never Look: Their Mortgage Statement » Live Insurance News ↗
Rising California home insurance costs signal a structural affordability and availability squeeze for homeowners writers.
1–3 yrsClaims and pricing
ICNZ presses next government on the adaptation funding call left for the new term ↗
Large flood-exposed housing stock with unresolved adaptation funding points to growing flood insurability pressure.
NowClaims and pricing
New Mexico lawmaker questions industry group leaders over homeowners’ insurance non-renewals • Source New Mexico ↗
Homeowner non-renewals drawing political scrutiny signal pressure on insurer appetite in exposed areas.
NowClaims and pricing
ZestyAI says data gaps create a reinsurance “uncertainty premium” ↗
Patchy property data is said to add an uncertainty premium to reinsurance costs for property cat writers. Vendor-sourced claim.
1–3 yrsClaims and pricing
Insurance 2030: The growth hidden in plain sight ↗
Data centres concentrate insurable value across physical, cyber and tech exposures, creating new accumulation risk. Consultant view.
1–3 yrsCapital
TRIA Reauthorization Would Push More Terrorism Risk Onto Insurers, A.M. Best Says ↗
A TRIA extension with a $10M trigger would shift more terrorism losses onto insurers, raising retained exposure.
NowBusiness model
FEMA retreats from disaster response and launches a tool to sell flood insurance without brokers ↗
Federal flood retreat and direct sales without brokers reshape flood protection gap and distribution for property insurers.
1–3 yrsClaims and pricing
After the heatwaves: how risk manages should prepare for an uncertain nat cat future ↗
Europe's heatwaves push risk managers to rethink nat cat loss scenarios for commercial property.
NowClaims and pricing
Heat storms have run nonstop since 2008. UK insurers still count them as weather ↗
Heat storms drive UK subsidence, heat deaths and BI disputes yet remain classed as weather, mispricing exposure.
NowClaims and pricing
France unrest shaping up as one of country’s ‘most significant ever’ SRCC events: Verisk Maplecroft ↗
French unrest may become one of its most significant SRCC events, a riot and civil commotion loss driver.
NowClaims and pricing
‘We can’t keep rebuilding after every disaster’: insurers demand climate action from next New Zealand government ↗
Insurers say rebuilding after each disaster cannot continue, urging New Zealand climate action to curb repeat losses.
NowClaims and pricing
Property line a driver as commercial pricing continues to slide ↗
Six straight double-digit quarterly price falls in Australian commercial property squeeze underwriting margins.
NowClaims and pricing
Heat storms: the climate peril Australian insurers still aren't counting ↗
Heat is a growing peril Australian insurers leave uncounted, so exposure goes unpriced and protection gaps widen.
NowClaims and pricing
Riots in France: implications for insurers and London market ↗
French riot losses bring London market and insurers' civil-unrest exposure into focus.
NowClaims and pricing
Morningstar DBRS puts French riot insured losses below €1.2bn and urges insurers to treat unrest as an accumulation risk
Riot losses are behaving like a catastrophe peril, with correlated claims across lines needing dedicated pricing and reinsurance.
NowClaims and pricing
Indonesia’s forest fire crackdown puts plantation sector insurance programs under pressure ↗
Indonesian fire enforcement tests whether plantation insurance programmes respond to fire exposure and compensation claims.
NowBusiness model
Home insurance now costs more than property taxes in most U.S. counties ↗
Home premiums now exceed property taxes in most US counties, widening the affordability and protection gap.
NowBusiness model
California’s Homeowners Insurance Crisis Is About More Than Affordability ↗
Insurer retreat from high-risk areas pushes Californians to the FAIR Plan, reshaping property writers' markets.
1–3 yrsBusiness model
French Riots Seen as Insurance Test Before New Regime Kicks In ↗
French riot cover is tested before a state-backed regime changes who carries civil-unrest losses.