JENOA Insurance & Risk Management

As the world continues to place more human and economic assets in harm’s way, adaptation to risk from earthquakes, tropical cyclones, flooding, extreme winds and high atmospheric temperatures, for example, is beginning to make those assets more resilient. This, in turn, has helped curtail catastrophic insured losses, but as the world continues to adapt to a changing climate, whether from anthropogenic influences or through natural variability, further long-term softening of the market due to the current over-capacity of alternative capital is hard to predict, especially against the backdrop of a re-insurance industry grappling with the inherent volatility in the frequency and cost of natural catastrophes.

In our latest JENOA Insights article we take a look at whether or not the market is softening for natural catastrophes.

Read more here https://jenoa.com/en/insights/is-the-market-softening-for-natural-catastrophies-a-mirage/

Is the market softening for natural catastrophies a mirage? With lower-than-average insured losses from natural catastrophes, last year saw a drop of around 25% compared to 2024’s US$ 140 billion . However, 2025 results are only marginally below the ten-year average, and given the volatility of natural catastrophe frequency, the recent softening of the so-...