AM Best and reinsurance broker Gallagher Re have suggested that the areas in and around Spokane, Washington will suffer considerable insured losses from the ongoing wildfires, with Gallagher Re...
The catastrophe bond market continues to demonstrate increased comfort with the wildfire peril in 2026, with the amount of risk capital deployed to support cat bonds that have some exposure to...
Insurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital markets. Issuance of cat bonds that include exposure to wildfires has already soared to more than...
KatRisk, a provider of catastrophe risk modelling and analytics for the insurance and reinsurance industries, has introduced a new generation of wildfire risk capabilities. The company said the...
The Los Angeles Department of Water and Power (LADWP) has successfully priced its fourth catastrophe bond sponsorship today and so secured the targeted $100 million of California wildfire protection...
Kingstone Companies, the New York and northeast US focused insurance group, has grown its catastrophe reinsurance limit again to secure a $500 million tower for 2026, while adding wildfire coverage...
The Los Angeles Department of Water and Power (LADWP) is back in the catastrophe bond market for its fourth deal sponsorship, seeking up to $100 million of California wildfire protection from a 123...
Liberty and ICEYE, a provider of satellite data and services to inform decision-making and analysis, have partnered together to launch a new parametric wildfire insurance solution that uses satellite...
Hippo, a technology-native insurance group, has announced the closing of Mountain Re Ltd. (Series 2026-1), a $100 million catastrophe bond which provides multi-year collateralized reinsurance...
With Swiss Re Institute analysis highlighting that ~99.9% of insured natural catastrophe losses in North America in 2025 were driven by secondary perils such as wildfires and severe convective storms...