How wildfires and storms drove insurance losses in 2025 – in three charts
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Extreme weather events around the world, such as wildfires and storms, were the major driver behind $107bn in insured losses in 2025, according to industry data.
The Los Angeles wildfires alone caused record-high $40bn in insured losses from fires, says a new report from reinsurance company Swiss Re.
The report notes that, while overall insured losses in 2025 were lower than previous years, this was due to a “[luck] rather than a reduction in risk”, partly due to no major hurri
The Los Angeles wildfires alone caused record-high $40bn in insured losses from fires, says a new report from reinsurance company Swiss Re.
The report notes that, while overall insured losses in 2025 were lower than previous years, this was due to a “[luck] rather than a reduction in risk”, partly due to no major hurri
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