US EditionSwiss Re Estimates that Natural Disasters Will Cost Insurers at Least $148 Billion by 2026
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Swiss Re Institute anticipates that insurers will have to face compensation for natural disasters of at least $148 billion in 2026, a figure that could more than double in an extreme scenario, where it estimates that the losses covered by the insurance could amount to $320 billion. In the report 'Natural disasters in 2025: the persistent increase in the risk of forest fires and storms', developed by the research centre of the reinsurer, warns th…
In 2025, secondary hazards such as forest fires, floods and severe storms worldwide caused 92 percent of the insured natural disaster damage of 107 billion dollars (93 billion euros). Experts warn: Increasing exposure and increasing vulnerability continue to increase rapidly. Damages from secondary hazards continue to increase strongly © CC0 Public Domain In 2025, insurers worldwide reported natural disaster damage of 107 billion dollars [...]
The natural disaster year 2025 gave the insurance industry a pleasant respite. With around US$ 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…
Despite a decline in natural disaster damage in 2025, the increase remains unbroken in the long term.
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