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Global Natural Disaster Losses Hit $80 Billion in 2025

8/9/2025

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Summary

Story summary

In H1 2025, global insured losses from natural disasters soared to $80 billion, nearly double the 10-year average.
January's wildfires in Los Angeles led to $40 billion in insured losses, the highest for wildfires ever recorded.
Severe thunderstorms accounted for $31 billion in losses, exacerbated by urbanization and inflation.
An earthquake in Myanmar caused $1.5 billion in insured losses for Thailand, revealing regional vulnerabilities.
Increased losses are expected in H2 2025 due to projected hurricane activity in the North Atlantic.

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Story summary

In H1 2025, global insured losses from natural disasters soared to $80 billion, nearly double the 10-year average.
January's wildfires in Los Angeles led to $40 billion in insured losses, the highest for wildfires ever recorded.
Severe thunderstorms accounted for $31 billion in losses, exacerbated by urbanization and inflation.
An earthquake in Myanmar caused $1.5 billion in insured losses for Thailand, revealing regional vulnerabilities.
Increased losses are expected in H2 2025 due to projected hurricane activity in the North Atlantic.