Personal Insurance

Global insured catastrophe losses hit $20bn in Q1 2026: Gallagher Re

Reinsurance broker Gallagher Re has estimated that total insured catastrophe losses for the opening quarter of 2026 reached at least US$20 billion, 26% lower than the decadal average of $26 billion, and 47% below the most recent 5-year average.The broker’s Q1 2026 natural catastrophe and climate report also revealed that economic losses from all natural perils in Q1’26 reached at least $58 billion, around 12% below the 10-year Q1 average. According,.. Read More

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