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Climate Disasters Cost World Over $120 Billion in Insured Losses in 2025: Report

Christian Aid's analysis shows 10 costliest climate disasters in 2025 caused over $120 billion in insured losses, with California wildfires alone costing $60 billion.

  • Carried out by Christian Aid and published Saturday, insured losses from the top 10 climate disasters in 2025 exceeded $120 billion using Aon loss estimates.
  • Coinciding with record temperatures, scientists link the rise in extreme weather frequency and intensity to human-induced greenhouse gas emissions amid the hottest decade on record.
  • Among other headline losses were the Palisades and Eaton wildfires in California in January, costing over $60 billion and linked to more than 400 deaths, and November cyclones across Thailand, Indonesia, Sri Lanka, Vietnam and Malaysia, which cost $25 billion and killed more than 1,750.
  • Christian Aid chief executive Patrick Watt warned these disasters are 'a warning of what lies ahead' and urged a faster fossil fuel transition, while the charity urged world leaders to fund adaptation in 2026.
  • The report warns insured losses exclude uninsured losses and long-term harm, so poorer countries and vulnerable communities face a disproportionate burden lacking insurance and safety nets.
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Australia makes list of 2025's costliest climate events

From catastrophic wildfires in Los Angeles to devastating floods in Asia, it's been a tough year of climate extremes and their economic burdens.

·City of Perth, Australia
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The British charity Christian Aid lists the 10 most costly climate disasters in 2025: heat waves, forest fires, droughts and storms cost more than $120 billion this year, on a global scale. No continent has been spared and the bill is no doubt underestimated. Christian Aid calls on world leaders to take steps to get out of fossil fuels, which are responsible for climate change, which aggravates and multiplies these disasters.

·Paris, France
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The Independent (US) broke the news in United States on Saturday, December 27, 2025.
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