Global disaster losses fall to $220 bln

Global economic losses from natural disasters fell by a third in 2025 to $220 billion, despite major LA fires and US storms, Swiss Re reports.

According to a preliminary estimate by Swiss Re, global economic losses from natural disasters in 2025 decreased by about a third to reach $220 billion. This occurred despite the wildfires in Los Angeles and the devastating storms that hit the United States.

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