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Q1'25 property claims hit five-year low despite severe weather: Verisk

Summary by ReinsuranceNe.ws
According to Verisk’s Quarterly Property Report, claims volume continued to decline in the first quarter of 2025, reaching a five-year low despite significant weather events in several regions. The quarter ended with a total of 1,059,323 claims, comprising 700,394 non-catastrophe (non-CAT) claims—the lowest in five years—and 358,929 catastrophe (CAT) claims. Overall claim volume dropped about 7% from the same period last year, which had already …
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ReinsuranceNe.ws broke the news in on Thursday, June 19, 2025.
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