
Natural Disasters Caused $135 BN in Economic Losses in First Half of 2025
This is Beirut, 06/08 13:35 - Reading : 1 minute(s)
switzerland insurance climate Economy
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles wildfires, Swiss Re said Wednesday. Swiss Re, which serves as an insurer of insurance companies, said first half losses were up from the $123 billion in the first half of 2024. The Zurich-based reinsurance giant estimated that ...