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Home Breaking News
Natural disasters caused $135 bn in economic losses in first half of 2025

A flood damaged car is seen following heavy rains over the past few days in Huairou district, on the outskirts of Beijing on July 30, 2025. Scientists warn the intensity and frequency of global extreme weather events will increase as the planet continues to heat up because of fossil fuel emissions. (Photo by Pedro Pardo / AFP)

Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss Re

AFP by AFP
August 6, 2025
in Breaking News
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Natural disasters caused $135 billion in economic losses in the first half of the year, a rise from the same period in 2024, reinsurer Swiss Re said Wednesday.

Severe thunderstorms in the United States and the Los Angeles wildfires left $80 billion in insured losses in the first six months of 2025, compared to $62 billion in the first half of 2024.

noo/lth/giv

© Agence France-Presse

Tags: climateinsuranceswitzerland
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AFP, or Agence France-Presse, is a major international news agency headquartered in Paris, France. It is one of the world's oldest news agencies, founded in 1835. AFP provides news coverage in various formats, including text, photos, videos, and graphics, in multiple languages. The agency operates with a global network of journalists and regional hubs, aiming to deliver impartial and verified news worldwide.

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