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2025 Natural Catastrophe Losses Exceed $100B by martynaslosarczyk is a document available to read on EtoBox.
In 2025, insured losses from natural catastrophes are projected to reach USD 107 billion, marking the sixth consecutive year exceeding USD 100 billion, primarily due to unprecedented LA wildfires and severe convective storms in the US. The LA wildfires alone account for USD 40 billion in losses, while Hurricane Melissa is the costliest hurricane of the year with estimated losses of up to USD 2.5 billion. The report emphasizes the importance of prevention and preparedness to mitigate future losses.
- Author
- martynaslosarczyk
- Language
- EN