Billion-dollar disasters: The economic toll of wildfires, severe storms and earthquakes is soaring

Peoples Gazette Nigeria

Natural disasters caused $131 billion damage in first half of 2025: Munich Re

Captive International

Munich Re: climate change driving costliest wildfires ever as global disaster losses climb

Business Insurance

Insured losses from disasters jumped in first half: Report

CBS News

Natural disasters have caused more than $131 billion in losses so far in 2025

XINHUA

Natural disasters cause 131 bln USD in global losses in 2025 H1

Digital Journal

LA wildfires push insurance losses to highest since 2011: Munich Re

The Straits Times

Los Angeles fires, US storms dominate insurance losses in first half of 2025.

Munich Re

Wildfires around Los Angeles, severe thunderstorms: US natural catastrophes dominate global losses in the first half of 2025

Insurance Journal

H1 Natural Disasters Had Insured Price Tag of $80B  Driven by US Claims: Munich Re

FRANCE 24

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"[C]limate change is just a very, very expensive form of tax."

"I believe in climate change caused by human beings. What I'm skeptical about is the glib notion that it means the end of the world as we know it."

"The clock is no longer just ticking, it is banging."

"There is no long-term prosperity without action on climate change."

"The time for seeking global solutions [to climate change] is running out."

"The climate crisis is the existential threat. That's not hyperbole; it's a fact."

"[W]e are killing our planet."

Climate change is "above all, an existential crisis."

"Climate change is one of the greatest challenges mankind faces."

"If we don't take action, the collapse of our civilisations and the extinction of much of the natural world is on the horizon."

"Humanity is on thin ice — and that ice is melting fast."

"We haven't yet exceeded the bounds of viable human civilisation, but we're getting close."

Is Climate Change an Existential Threat?

<span>The Los Angeles wildfires in January resulted in the costliest single disaster of the period, causing $53 billion in total losses with $40 billion insured, marking the highest wildfire losses ever recorded.</span

The Los Angeles wildfires in January resulted in the costliest single disaster of the period, causing $53 billion in total losses with $40 billion insured, marking the highest wildfire losses ever recorded.

<span>Weather-related disasters accounted for 88% of overall losses and 98% of insured losses, while earthquakes represented 12% of total losses and 2% of insured losses during the six-month period.</span

Weather-related disasters accounted for 88% of overall losses and 98% of insured losses, while earthquakes represented 12% of total losses and 2% of insured losses during the six-month period.

<span>A 7.7-magnitude earthquake in Myanmar on March 28 killed an estimated 4,500 people and caused $12 billion in economic losses, making it the second-costliest natural disaster of the first half.</span

A 7.7-magnitude earthquake in Myanmar on March 28 killed an estimated 4,500 people and caused $12 billion in economic losses, making it the second-costliest natural disaster of the first half.

<span>The United States experienced $92 billion in natural disaster losses, representing approximately 70% of global damages, with severe thunderstorms and tornadoes contributing $34 billion in losses.</span

The United States experienced $92 billion in natural disaster losses, representing approximately 70% of global damages, with severe thunderstorms and tornadoes contributing $34 billion in losses.

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Economic conditions & trends

Environment

Insurance

United States of America

Weather

Global Natural Disasters Cost $131B in First Half of 2025

Global Natural Disasters Cost $131B in First Half of 2025

Billion-dollarGlobal disasters:Natural TheDisasters economicCost toll$131B ofin wildfires,First severeHalf stormsof and earthquakes is soaring2025

The Controversies

Trump

Michaels

Harris

Sunak

Francis

Biden

Macron

Thunberg

Merkel

Attenborough

Guterres

Mann

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Global Natural Disasters Cost $131B in First Half of 2025

Billion-dollarGlobal disasters:Natural TheDisasters economicCost toll$131B ofin wildfires,First severeHalf stormsof and earthquakes is soaring2025

The Controversies

Trump

Michaels

Harris

Sunak

Francis

Biden

Macron

Thunberg

Merkel

Attenborough

Guterres

Mann

Sign Up for Our Free NewslettersSign Up for Our Free Newsletters

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