Secondary Perils Now Drive Catastrophe Losses, Squeezing Earnings and Capital

Hail, wildfire, winter storm and inland flood have outgrown their 'secondary' label, driving the majority of North American insured catastrophe losses in most years, according to Marsh Re. The post Secondary Perils Now Drive Catastrophe Losses, Squeezing Earnings and Capital appeared first on Risk & Insurance.

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.