{"id":1486,"date":"2025-12-16T09:00:18","date_gmt":"2025-12-16T10:00:18","guid":{"rendered":"http:\/\/goldanker.club\/?p=1486"},"modified":"2025-12-16T12:26:57","modified_gmt":"2025-12-16T12:26:57","slug":"2025-insured-nat-cat-losses-to-exceed-100bn-but-down-24-year-on-year-swiss-re","status":"publish","type":"post","link":"http:\/\/goldanker.club\/index.php\/2025\/12\/16\/2025-insured-nat-cat-losses-to-exceed-100bn-but-down-24-year-on-year-swiss-re\/","title":{"rendered":"2025 insured nat cat losses to exceed $100bn but down 24% year-on-year: Swiss Re"},"content":{"rendered":"

2025 insurance and reinsurance industry losses from natural catastrophes are expected to exceed $100 billion for the sixth consecutive year, but at an estimated $107 billion, the total is 24% lower than the $141 billion seen in 2024, and 3% below the 10-year average of $111 billion, according to Swiss Re Institute.<\/p>\n

\"\"Data from the reinsurance giant reveals that the January 2025 Los Angeles wildfires were the costliest event globally with insured losses of $40 billion, with severe convective storm (SCS) losses in the US of $50 billion being the other main driver of 2025\u2019s total.<\/p>\n

In fact, Swiss Re\u2019s analysis finds that 2025 is the third costliest year for SCS losses after 2023 and 2024, driven by a lot of SCS activity in the first half of the year as hail and broader thunderstorm impacts are running below seasonal norms in the second half of the year.<\/p>\n

Of the $107 billion insured loss total, the US is once again the most affected market with losses of $89 billion, so accounts for more than 83% of total insured losses from nat cats.<\/p>\n

\u201cAmid annual volatility, insured losses keep rising. That\u2019s why strengthening prevention, protection and preparedness is essential to protect lives and property. Reinsurers and the broader insurance sector have a dual role: acting as financial shock absorbers and supporting the development of resilient, risk-informed public policy and private investment that reduce future losses,\u201d says J\u00e9r\u00f4me Jean Haegeli, Swiss Re\u2019s Group Chief Economist.<\/p>\n

\n
\"Brit<\/a><\/div>\n<\/div>\n

Alongside the intense SCS activity in the US, in Europe in 2025, notable hailstorms occurred in May and June, although as noted by Swiss Re, insured losses were minimal as the most intense activity hit areas with lower concentrations of high-value exposure.<\/p>\n

\u201cWe are observing a steady rise in losses from severe convective storms. Urbanisation in hazard-prone areas, rising asset values, higher construction costs and factors such as ageing roofs have made these storms a key peril for insurers. As single events rarely result in a large insured loss, it is key for insurers to consider the cumulative effect of frequent, low-loss events, along with increasing property values and repair costs. A more holistic view of this peril is critical to assure proper underwriting and risk management,\u201d says Balz Grollimund, Swiss Re\u2019s Head Catastrophe Perils.<\/p>\n

While it was an active 2025 season for hurricane activity, losses were low this year and driven by Hurricane Melissa, the costliest hurricane event of the year, with estimated insured losses of up to $2.5 billion, according to Swiss Re Institute.<\/p>\n

The firm also highlights severe flooding in Southeast Asia in late November, notably in Vietnam, Thailand and Indonesia, driven by a \u201ccomplex set of weather systems involving the interaction of multiple cyclonic systems and an intensified monsoon under La Ni\u00f1a conditions\u201d.<\/p>\n

In terms of economic losses from natural disasters, Swiss Re Institute pegs the number at $220 billion for 2025, down on 2024\u2019s $327 billion and below the 10-year average of $267 billion.<\/p>\n

Total economic losses, so inclusive of man-made events of $13 billion, totalled $233 billion in 2025, while total insured losses hit $118 billion, which includes $11 billion of insured losses from man-made events as well as the aforementioned $107 billion of losses from nat cats.<\/p>\n

The post 2025 insured nat cat losses to exceed $100bn but down 24% year-on-year: Swiss Re<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

2025 insurance and reinsurance industry losses from natural catastrophes are expected to exceed $100 billion…<\/p>\n","protected":false},"author":1,"featured_media":1488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15],"tags":[],"_links":{"self":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts\/1486"}],"collection":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/comments?post=1486"}],"version-history":[{"count":3,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts\/1486\/revisions"}],"predecessor-version":[{"id":1490,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts\/1486\/revisions\/1490"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/media\/1488"}],"wp:attachment":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/media?parent=1486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/categories?post=1486"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/tags?post=1486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}