Europe's Insured Losses Are Climbing as Catastrophes, Inflation and Construction Costs Combine, Verisk Finds

LONDON, Sept. 01, 2026 (GLOBE NEWSWIRE) -- The catastrophe modelling business unit of Verisk (Nasdaq: VRSK), a leading data analytics and technology provider to the global insurance industry, today released Verisk's 2026 Global Modelled Catastrophe Losses Report. The annual report calculates that the insurance industry should be prepared to withstand $171 billion in insured catastrophe losses on average in a given year, up $19 billion from a year ago, and the highest estimate Verisk has reported to date. The industry’s loss benchmark increased even after a year with no U.S. hurricane landfalls for the first time in a decade, and it reflects continued growth in property values and insured values worldwide.