Catastrophe Costs
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Insured losses from global catastrophes reaches $107B in 2025
CNBC Television· 2025-12-16 13:24
Catastrophes in the US are driving those losses. Contesta Brew is at the table this morning. She joins us with an exclusive first look at catastrophe costs in 2025.>> Good morning, guys. Nice to see you. Yeah, $ 107 billion.That is the estimate from Swiss Restitute for insured losses from catastrophes around the globe this year. 83% of those losses happened in the United States with the LA wildfires becoming the most expensive wildfire event in history. Severe convective storms with wind, hail, and tornadoe ...