Natural catastrophes in 2025: the persistent rise of wildfire and storm risk

2026

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1) Natural catastrophe insured losses are projected to continue their persistent rise in 2025, driven by wildfires and severe convective storms, highlighting the increasing importance of adaptation and risk mitigation.
2) This report analyzes the drivers of increasing weather-related insured losses, focusing on the growing impact of secondary perils like wildfires and storms, and explores strategies for narrowing protection gaps.
3) It also examines the role of exposure growth, hazard intensification, and vulnerability in shaping loss trends, and assesses the effectiveness of adaptation measures in mitigating risks.
4) The document provides a detailed breakdown of insured losses by peril and region, with a particular focus on the US and Europe, and discusses the challenges and opportunities for the insurance industry in managing evolving catastrophe risks.
Tags: natural catastrophes, wildfire, storm risk, insured losses, adaptation

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