Loss Executives Association

Swiss Re Says Wildfires, Storms, Floods Account for 92% of Global Insured Losses

March 24, 2026

Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …

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