US EditionSecondary perils drive record 92% of 2025’s $107bn global insured losses: Swiss Re - Artemis.bm
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According to the experts of the Swiss Re Institute, the long-term growth trend in the damage caused by natural disasters is intact despite a comparatively mild damage year 2025.
In 2025, insured losses on natural disasters other than exceptional events totalled less than $110 billion, below the long-term average. However, Swiss Re estimates in its risk report that this amount could easily be tripled in the event of a difficult year.
The natural disaster year 2025 gave the insurance industry a pleasant respite. With around US$ 107 billion worldwide, the insured damages were below the long-term trend, as the reinsurer Swiss Re reported on the basis of its own calculations. However, Jérôme Jean Haegeli considers this to be only a snapshot. The chief economist of Swiss Re is concerned above all about the increase in so-called secondary hazards, such as forest fires, severe thun…
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