RISK RADAR · THEME

Climate and nature

Rising frequency or severity of perils, secondary perils (flood, hail, wildfire, heat), the protection gap and insurability, retreat from markets, climate litigation, transition risk to investments, biodiversity loss.

ARGUS’S READING ● Steady · Reported European coverage withdrawal sustains property insurability pressure; this week does not establish a change in physical peril trends.

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AI and technologyClimate and natureGeopolitics, conflict and tradeCyberEnergy and the transitionSocial and legalFinancial and macroHealth, pandemics and longevityNatural resources and foodUnder the radar

1. 16 Oct 2026cbsnews.comProperty and catastrophe

   NowClaims and pricing

   California FAIR Plan rates jump nearly 30% as homeowners seek wildfire insurance alternatives ↗

   Wildfire-exposed homeowners are turning to California's FAIR Plan, a sign private property cover is retreating.

2. 15 Oct 2026Insurance Business (New Zealand)Property and catastrophe

   NowClaims and pricing

   Clients want more natural hazard advice as cover gets harder to place, IBANZ finds ↗

   Natural hazard cover is getting harder to place, signalling tightening insurability for property writers.

3. 15 Oct 2026Carrier ManagementProperty and catastrophe

   NowClaims and pricing

   Business Interruption Claims Approach $1M Average, Says Allianz ↗

   Average business interruption claim nears $1m as catastrophes and supply chains drive severity for property writers.

4. 15 Oct 2026Business InsuranceProperty and catastrophe

   NowClaims and pricing

   Insurers pull back as climate change-related losses mount ↗

   Insurers withdrawing climate cover and possibly underestimating losses signal shrinking insurability of climate perils in Europe.

5. 15 Oct 2026Business InsuranceProperty and catastrophe

   NowClaims and pricing

   European insurers face mounting extreme weather costs ↗

   Rising European wildfire and hail losses signal a growing secondary-peril cost burden for property insurers.

6. 7 Oct 2026Our briefLife, annuities and pensions, Health and medical

   5–10 yrsClaims and pricing

   EIOPA names extreme heat as the leading climate-related liability risk for life and health insurers

   Extreme heat is emerging as a growing climate liability for life, health and pension books; effects are limited today.