Global disaster losses down 33% in 2025

Total economic losses caused by natural catastrophes are expected
to fall by a third to $220 billion in 2025, according to projections
by Swiss Re Institute

Total
insured losses
in 2025
$107bn

$40bn
Jan, United States:
Wildfires ravaged
Los Angeles area,
destroying homes
and businesses
and forcing
thousands
to flee

Blazes were
costliest-ever
wildfire event
globally

$2.5bn
Oct, Caribbean:
Hurricane Melissa
tore through Jamaica
Haiti and Cuba Ð costliest
storm of 2025 and one of the
strongest Atlantic hurricanes ever

$50bn
Severe convective storms
(SCS): Extreme global
weather events Ð
including heavy
rainfall, strong
winds, hail and
tornadoes Ð
contributed
to the third
costliest year
for storms
on record

Other
$14.5bn

Nov,
Southeast Asia:
Severe river
and flash-flooding
events, specifically in
Vietnam, Thailand and
Indonesia (loss estimate
not yet available)

-24%
Decline in insured losses
from previous yearÕs total
of $141 billion Ð largely thanks
to less severe hurricane season
in North Atlantic

83%
Share of insured losses
affecting United States Ð
driven primarily by wildfires and
SCS, including severe tornadoes
in March and May

Loss estimates are preliminary

Sources: AFP, Swiss Re Institute
Picture: Getty Images
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