January 13, 2026 2:47 PM
Wildfires, storms fuel 2025 insured losses of $108 billion, Munich Re says
Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer said, as the U.S. mainland avoided hurricanes for the first time in 10 years. Munich Re's total estimate for last year sightly exceeds Swiss Re's of $107 billion, which it published in December. Damage from floods, wildfires and severe storms was the main contributor to insured losses, accounting...
