Global insurers just had the costliest half-year Cat losses since 2011

Global insurers just had the costliest half-year Cat losses since 2011

Trees burned by wildfires in northern Manitoba are shown during a helicopter tour in the surrounding area of Flin Flon, Man. on Thursday, June 12, 2025. THE CANADIAN PRESS/Mike Deal-Pool Global insured losses topped US$84 billion in the first half of 2025, according to a Gallagher Re report. That’s the highest half-year total since 2011 and is “well above” the 10-year average.  Natural catastrophes in the U.S. have driven many of this year’s glo…