Economic losses from natural disasters fall to $100 bln in first half of 2026
Economic losses from natural catastrophes worldwide are estimated to have reached $100 billion in the first half of this year, reinsurance group Swiss Re has said, a sharp decline from the period last year.
Despite severe storms in the United States and the deadly earthquakes that struck Venezuela in June, the losses were well below the $152 billion recorded in the first half of 2025, the group said in its latest report.
The losses were also 10 percent below the 10-year average for the period.
But Swiss Re noted that losses from natural disasters often increase in the second half of the year, mainly due to hurricanes in the North Atlantic ocean.
