Global insured losses during the first half of this year were at least $100 billion with more than 90% of that total – or approximately $92 billion – driven by wildfires and severe convective storms in the U.S., according to Aon’s Global Catastrophe Recap: First Half 2025.
The $100 billion claims figure is up from $71 billion reported during the first half of 2024, above the 21st century H1 average of $41 billion, and is the second-highest total on record after H1 2011 when losses of $140 billion occurred, Aon said.
“Insured losses were driven by the destructive California wildfires in January, with total insured losses estim…