Kathmandu. In the first six months of 2026, global insured losses from natural disasters reached nearly $42 billion.
That’s significantly lower than the $91 billion in losses in the first six months of 2025, according to the Swiss Re Institute, the research arm of global reinsurance company Swiss Rico. That’s 16 percent below the $50 billion average for the first six months of 10 years.
Although the Swiss relay reduced the total damage, the risk of disaster has not diminished. Total insured losses from all events reached $48 billion in the first six months of 2026. In the first six months of June 2025, the average was $98 billion, and in the first six months of 10 years, it was $56 billion.
Of the $48 billion in total assets this year, $42 billion were damaged by natural disasters, according to the data. $6 billion in damage is caused by man-made events.
According to Swiss Rica, major storms accounted for the largest share of insured damage from natural disasters in the first half of the year. That’s equivalent to an estimated $28 billion. Hurricane activity across the US was above average, but no major outbreaks were reported in Texas, the Southern Plains, and the Southeast. Where a high concentration of uninsured assets can lead to particularly large claims. –Agency
