Secondary perils account for 92% of global insured losses in 2025: Swiss Re

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Reinsurance News - Mar 19, 2026

Although global insured losses in 2025, at $107 billion, fell below the long-term natural catastrophe trend, secondary perils, including wildfires, severe convective storms (SCS) and floods, accounted for a record 92% of the total, according to a new report from Swiss Re Institute. Contributing $40...

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