Natural disasters cause US$224bn global damage in 2025, insured losses at US$ 108bn, says Munich Re

Natural disasters cause US$224bn global damage in 2025, insured losses at US$ 108bn, says Munich Re

In the Asia-Pacific region, natural disasters resulted in overall losses amounting to roughly US$ 73bn; this is above the 10-year average of US$ 66bn. Only US$ 9bn was insured. In many lower-income countries, insurance penetration remains below 5% Munich: Natural...

US hurricane losses could surge by 50% under 2°C global warming, MS Amlin study warns

The findings come as the industry grapples with an intensifying mismatch between risk exposure and pricing adequacy — a gap that MS Amlin cautions could leave communities underprepared for the financial fallout of future storms. MS Amlin CEO, Andrew Carrier’s...