Overview

• Global natural disasters caused $131 billion in damages in the first half of 2025, the second-highest first-half total since 1980.
• Only $80 billion of those losses were insured, leaving a $51 billion gap that exposes communities to mounting climate risks.
• Disasters in the United States accounted for about $92 billion, or 70% of global losses, driven by storms and a record $53 billion wildfire in California.
• A magnitude 7.7 earthquake in Myanmar on March 28 killed around 4,500 people, making it the deadliest event of the period.
• Thawing permafrost in the Alps triggered a rock-ice avalanche in Valais canton that destroyed 130 houses and caused about $0.5 billion in damages.