BUSINESSglobal
Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re
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Updated 3 hours ago
First seen March 24, 2026 00:28:21Stay on top of this story
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Quick Summary
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 …