LA wildfires push global nat cat losses past $100bn again
Insured natural catastrophe losses exceeded $100bn (£74.5bn) in 2025 for the sixth consecutive year, driven largely by record wildfire losses in the US and persistent severe convective storms, according to Swiss Re Institute.
The reinsurer has estimated total insured losses from natural catastrophes at $107bn (£79.7bn) for 2025, down 24% from $141bn (£105.1bn) in 2024 but still above the long-term average.
Overall insured
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