Secondary perils spike

Swiss Re’s Sigma release dated March 19, 2026 records total global insured natural-catastrophe losses of US$107 billion for 2025 and models a peak-loss scenario of up to US$320 billion in 2026. (swissre.com) Swiss Re notes that a single wildfire complex in the Los Angeles area contributed roughly US$40 billion to the 2025 insured-loss total. (swissre.com) State Farm and American Family together reported more than 38,000 storm-related claims from early‑March systems, a filing volume that carriers said required rapid expansion of claims intake and field inspection capacity. (insurancebusinessmag.com) Aon estimated industry insured losses for the March 5–7 and March 9–11 outbreaks in “low‑to‑mid single‑digit” billions of dollars, framing those episodes as part of a trend that has already made severe convective storms one of the costliest perils. (insurancebusinessmag.com) The March 13–17 North American storm complex produced over 500,000 power outages and more than 800 official reports of damaging winds, plus 49 confirmed tornadoes, creating simultaneous FNOL surges across multiple adjuster regions. (wikipedia.org) (weather.com) A 2026 carrier survey from Gallagher Bassett found 64% of North American carriers reporting increased claims complexity year‑over‑year, a metric that elevates the importance of automated triage and prioritization during event-driven spikes. (claimsjournal.com) Operational playbooks now cited in industry sources combine pre‑vetted surge adjuster rosters with AI‑enabled FNOL, automated triage and routing—approaches offered by specialist vendors like Davies and adopted by InsurTech product launches such as CLARA’s new triage tools—while industry gatherings (for example InsurTech Chicago’s “Successful AI for Claims” session on March 25, 2026) are featuring live-peril analytics and CAT-automation case studies. (davies-group.com) (claraanalytics.com) (eventbrite.com)