Disaster Insured Losses Top $100 Billion for Sixth Year in a Row

Global insurance losses from natural disasters have eclipsed $100 billion in 2025, even as subdued hurricane activity has resulted in unusually low third-quarter costs so far.

Preliminary insured losses for the first nine months of 2025 already stand at about $105 billion, according to a report Wednesday by Gallagher Re. It will be the sixth consecutive calendar year with losses of more than $100 billion, and the eighth since 2017.

Rising global temperatures are contributing to an increase in the frequency and intensity of weather-related events, such as hurricanes and wildfires, leading to higher losses for the insurance ...