Wildfires and Storms Drive 2025 Insured Losses
Secondary perils dominate global catastrophe claims despite calmer hurricane activity In 2025, secondary perils—including wildfires, severe convective storms (SCS), and floods—accounted for 92% of global insured natural catastrophe losses, according to Swiss Re Institute. Total losses reached US$107 billion, reflecting a year shaped more by the frequency of events than by any single extreme disaster. […]
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