US EditionNatural Disasters Have Caused More than $131 Billion in Losses so Far in 2025
LOS ANGELES COUNTY, CALIFORNIA, JUL 29 – Weather disasters caused 88% of losses, with $80 billion insured, marking the second highest half-year insured losses since 1980, Munich Re reported.
- On July 29, 2025, Munich Re reported that natural disasters caused about $12 billion in losses worldwide in the first half of 2025, with very little insured, making it one of the year's largest disasters.
- In the first half of 2025, U.S. disasters like the January wildfires in Los Angeles dominated global losses, with the source highlighting over 3,600 flash flood warnings and no specific damage figures.
- Weather-Related disasters accounted for most losses, with overall losses at $131 billion and $80 billion insured during the first half of 2025.
- The Geneva Association reported that insured losses exceed $100 billion since 2020 and are projected to surpass $200 billion in 2025, driven by extreme weather, prompting higher costs and reduced coverage.
- Tobias Grimm warned, `We need to face it that the losses have been on the rise and make it clear that climate change plays an ever increasing role`, emphasizing adaptation and prevention in vulnerable zones.
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Natural Disasters Cause $131 Billion in Global Losses in 2025 H1 - teleSUR English
‘Climate change is shifting the probabilities of extreme weather events,’ said Munich Re. On Tuesday, German reinsurer Munich Re released a report showing that wildfires, storms, earthquakes, and other natural disasters caused an estimated US$131 billion in global economic losses during the first half (H1) of 2025. RELATED: Türkiye Battles Wildfires Amid Challenging Weather Conditions Of that total, about US$80 billion was insured, marking the s…
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NewsmaxNatural Disasters Contribute to More Than $131B in 2025 Losses
Natural disasters like the Los Angeles wildfires have caused more than $131 billion in global losses during the first six months of 2025, according to a report from insurance company Munich Re. Halfway through this year, overall losses are "slightly lower," when compared to the same period in 2024, while also "well above" the long-term average. Overall losses by June last year were $155 billion, adjusted for inflation, and were driven by a New Y…
Los Angeles fires, US storms dominate insurance losses in first half of 2025.
Global reinsurer Munich Re said climate change is increasing the probabilities of extreme weather, including conditions to worsen wildfires. The firm said the first six months’ total losses from natural disasters were about US$131 billion (S$168 billion), of which US$80 billion was insured -- the second-highest of any half-year period since 1980, according to the firm’s records. About US$40 billion was due to the record wildfires that swept acros
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