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RiskScan 2026 Survey Reveals Increasingly Complex Risk Landscape as Insurance Protection Gaps Persist: Triple-I/Munich Re USThe Insurance Information Institute (Triple-I) and Munich Re US today announced the release of RiskScan 2026, a comprehensive cross-market research study that examines evolving risk perceptions and interconnected exposures in the United States and United Kingdom insurance markets. Featuring detailed research findings and key insights from Triple-I and various senior executives within the Munich Re Group of companies, RiskScan 2026 provides two in-depth reports:
More than 1,700 participants were surveyed in the U.S. and U.K, across five key insurance market segments: consumers, small business owners, middle-market decision-makers, property/casualty (P/C) insurance agents and brokers, and P/C insurance carriers. Key Findings
Highlights and Perspective "Today's risk environment is being shaped not only by catastrophe and cyber exposures, but also by the interaction between economic inflation, geopolitical uncertainty, supply chain pressures and rising legal costs," said Michel Léonard, Ph.D., CBE, chief economist and data scientist, Triple-I. "The data shows economic conditions are increasingly acting as a multiplier of insurance risk, affecting affordability, claims severity, capital allocation and long-term market stability across the insurance value chain." The study found economic inflation, economic decline and rising property insurance costs remain among the top market concerns across all audiences surveyed. Respondents increasingly recognized macroeconomic pressures, including inflation, supply chain disruption, geopolitical uncertainty and legal system abuse, are intensifying the impact of catastrophe losses, cyber incidents and overall insurance affordability challenges. "The survey findings make clear that recognizing risk is only the first step," said Sean Kevelighan, CEO, Triple-I. "As flood, cyber and other interconnected exposures continue to evolve, the industry has an important opportunity to strengthen public understanding, close protection gaps, and work collaboratively with consumers, policymakers, businesses, and communities to better predict, prepare and prevent ever-increasing risks." Additionally, the survey found "broad recognition of insurance's societal value and underscores the importance of collaboration among insurers, reinsurers, industry organizations, policymakers and risk management leaders to address emerging exposures, improve public understanding of risk and advance solutions for resilience and economic stability," continued Kevelighan. Methodology Munich Re US and the Triple-I engaged independent market research firm RTi Research in 2026 to conduct an online survey among 1700+ respondents; methodology details can be found in the report online. About the Insurance Information Institute (Triple-I)
Since 1960, the Insurance Information Institute (Triple-I®) has been the trusted voice of risk and insurance, delivering unique, data-driven insights to educate, elevate and connect consumers, industry professionals, policymakers and the media. An affiliate of The Institutes, Triple-I represents a diverse membership accounting for nearly 50% of all U.S. property/casualty premiums written. Our members include mutual and stock companies, personal and commercial lines, primary insurers and reinsurers - serving regional, national and global markets.
About The Institutes
The Institutes® are a not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance. Through products and services offered by The Institutes' 21 affiliated business units, people and organizations are empowered to help those in need with a focus on understanding, predicting, and preventing losses to create a more resilient world. Learn more at Global.TheInstitutes.org.
About Munich Re US Munich Reinsurance America, Inc. ("Munich Re US") is one of the largest reinsurers in the United States. We provide reinsurance coverages, specialty reinsurance, and risk management solutions to commercial and personal lines insurance carriers, agents and brokers, program administrators, and managing general agents. Our admitted and non-admitted insurance company affiliates offer specialty insurance products. We provide insurance carriers with white-label products to help protect against the devastating effects of natural catastrophes and emerging risks. We believe that by looking out for our clients' best interests with innovative risk solutions, we can help build more resilient communities and close insurance gaps. About Munich Re Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München ("Munich Re") is one of the world's leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active, operating in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. Munich Re leverages its strengths to promote its clients' business interests and technological progress. Moreover, Munich Re develops covers for new risks such as rocket launches, renewable energies, cyber risks and artificial intelligence. In the 2025 financial year, Munich Re generated insurance revenue of €60.4bn and a net result of €6.1bn. The Munich Re Group employed about 44,000 people worldwide as at 31 December 2025.
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