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GDV: German insurance sector faces mounting climate-related losses

A recent study by the Society for Economic Structural Research (GWS) projects that climate change could inflict approximately EUR 690 billion in economic damages on Germany between 2025 and 2050. The insurance industry is among the most affected sectors, alongside healthcare and agriculture, commented the German Insurance Association (GDV).

Bain & Company sounds the alarm on growing insurance protection gaps

Bridging the Protection Gap: Affordability, Access, and Risk Prevention, the latest report issued by global consultancy Bain & Company delivers a sobering assessment of the widening protection gap. As the insurance industry grapples with structural shifts, from climate volatility to evolving consumer behaviors, the report urges insurers to take decisive steps to remain relevant—and resilient.







Marsh: global commercial insurance rates fell 3% in 1Q2025

Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in 4Q2024, marking the third consecutive quarterly decrease following seven years of rising rates, according to the Global Insurance Market Index, released by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan.







Call for EU-wide catastrophe insurance grows as climate risks escalate

The growing financial burden of natural disasters is exposing the limitations of national insurance systems across Europe, fueling calls for a coordinated EU-wide catastrophe coverage scheme. As climate-related risks intensify, experts warn that existing national institutions are struggling to keep pace, leaving vast economic losses uninsured.

Global Risks Report 2025: increasingly grim expectations

Misinformation and disinformation, extreme weather events, state-based armed conflicts, societal polarization and cyber espionage and warfare are the Top 5 short-term (2 years) risks according to the World Economic Forum Global Risks Perception Survey 2024-2025.

Generali Global Corporate & Commercial and Descartes Underwriting launch a new ILS fund, which represents a breakthrough in parametric insurance

Generali Global Corporate & Commercial (GC&C) and Descartes Underwriting announced the launch of the new Lumyna Twelve Capital Parametric Insurance Linked Securities (ILS) Fund, which is a pioneer in the fast-growing ILS market and is a significant step forward in the GC&C and Descartes partnership, aimed at expanding the use of parametric solutions in the natural catastrophe insurance space.


COB announced the launch of a new campaign aimed to encourage insurance providers and insurance bodies to support the ‘Charter of Road Traffic Victims Rights’

COB, an international organisation active in the motor insurance sector and acting for the protection of cross-border road traffic victims, announced the launch of a new campaign which aims to encourage insurance providers and insurance bodies to support the ‘Charter of Road Traffic Victims Rights’, the press release says.