Extreme weather events made up 92% of global insured losses in 2025
"Sustained and well-designed adaptation and risk mitigation measures are increasingly decisive to keep insurance viable and affordable."
Wildfires, severe storms and floods accounted for 92% of natural catastrophe insured losses in 2025, according to Swiss Re.
Global economic losses from natural catastrophes were US$220 billion in 2025, about 49% of which were insured. Within insured losses, US$107 billion was due to so-called âsecondary perilsâ: wildfires, severe storms and floods, as opposed to earthquakes and tropical cyclones. The LA wildfires alone generated record-breaking combined insured losses of around US$40 billion.
