Swiss Re Reports Reduced Disaster Losses
Swiss Re estimates the global economic losses from natural disasters at around one billion dollars during the first half of 2026, representing a 10% decrease compared to the same period in 2025, when losses reached 152 billion dollars, despite the continued occurrence of hurricanes and earthquakes in certain regions. The company emphasizes that this decline in losses does not indicate a reduction in risks, especially with expectations of an increase again in the second half of the year due to hurricanes and wildfire risks, which have already begun early in Europe. Wildfire costs have risen by up to 11% annually since 1970, and the climate phenomenon "El Niño" is expected to further increase the costs of weather-related disasters in the upcoming period.
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