2025 Climate Disaster Costs Could Reach $145 Billion Globally: Analysis

EcoWatch
By Cristen Hemingway JaynesApr 29, 2025, 6:03 pm181 ptsTrendingTop
According to a new analysis by Swiss Re Institute, insured natural catastrophe losses globally could reach $145 billion this year, primarily driven by “secondary perils” such as floods, wildfires and severe thunderstorms. This follows a five to seven percent long-term annual growth trend, the institute…

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