Global insured losses from natural catastrophes to reach $108 billion in 2025
According to a report by German reinsurance group Munich Re, total natural catastrophe losses in 2025 were estimated at around $224 billion, with insured losses of $108 billion.
Despite the fact that total economic losses were lower than the 10-year average, insurance industry losses in 2025 still exceeded $100 billion.
Weather-related disasters accounted for 92% of all losses in 2025 and 97% of insured losses.
As the online resource UkrStrakhuvannya found out from the materials of the Munich Re report, forest fires in the Los Angeles area in January 2025 became the most expensive natural disaster of the year: total damage amounted to about $53 billion, including insured losses of approximately $40 billion. The second largest was a 7.7 magnitude earthquake in Myanmar: losses amounted to $12 billion. Jamaica was severely affected by one of the Atlantic hurricanes of the 5th category Melissa with losses of $9.8 billion.
Let us recall that according to the forecast estimates of analysts of the Swiss insurance group Swiss Re, by the end of 2025 the total amount of insured losses as a result of natural disasters will amount to $107 billion. This result is 24% less than a year earlier.