Swiss Re

When a major hurricane doesn’t make landfall in the US, you might expect a “quiet” year for natural catastrophe losses.2025 tells a different story.In North America, 99.9% of insured losses came from secondary perils, driven by wildfires and severe convective storms.USD 40 billion from California wildfires.USD 46 billion from severe convective storms.This is not an outlier. It’s a structural shift.Losses are no longer defined only by peak events like hurricanes. They are increasingly driven by s ...

🔬 Gaps remain in cancer detection. Explore more in our latest research 👉 https://ow.ly/S0OC50Z6agXAround 70% of US cancer deaths are linked to cancers without established screening programmes, including pancreatic, ovarian and oesophageal cancers. New approaches are emerging. Multi-cancer early detection (MCED) tests and advances in biomarkers aim to detect more cancers earlier, while AI is improving diagnostic accuracy and, in some cases, has identified up to 26% of cancers earlier than phy ...

🧠 How do AI data centre construction spendings change the challenges that re/insurers face?Developers no longer build simple facilities. They build hyperscale campuses with:▪️Dense systems▪️High voltage power▪️Advanced cooling▪️Interdependent infrastructureThese projects can exceed USD 20 billion and often double in value after installing graphics processing units (GPUs). Financing institutions ask insurers to cover the full project value. Insurers often cannot provide that level of capacity at ...