How do natural disasters and climate risks impact insurers in 2026?
In 2026, natural disasters and climate risks have a major impact on insurer profitability and stability. The increasing frequency and severity of extreme events such as floods, storms and wildfires leads to higher claims and greater volatility in underwriting results. This forces insurers to adjust pricing models, tighten coverage conditions in high-risk areas and increase reliance on reinsurance to absorb shocks. At the same time, climate risk modeling capabilities are becoming a key competitive advantage for anticipating losses and optimizing capital allocation.