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The sector's gross written premiums have been growing by 20%-30% annually since 2020.

Manhattan island in particular features unique seismic hazards, says Megan Linkin with Swiss Re Corporate Solutions.

There is a 62% chance that a major hurricane will make landfall along the U.S. coastline.

Insurance industry news from Arch Insurance, NFP, PCF Insurance Services and more featured in weekly update.

The effects of climate change are putting some states that have historically had lower premiums in the line of fire for more frequent and severe weather events.

Around 7% of all homeowners in the U.S. are uninsured, according to the Consumer Federation.

In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.

Although risks are becoming more complex, around 75% of CROs are confident in their organizations' ability to manage them.