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flag Global disaster losses fell 40% in 2025, mainly due to no U.S. mainland hurricanes, but climate change still fueled extreme events.

flag Global natural disaster losses dropped to $224 billion in 2025, a 40% decline from 2024, largely due to no hurricanes hitting the U.S. mainland, according to Munich Re. flag Despite the lower total, the year saw extreme weather linked to climate change, including the January Los Angeles wildfires, which caused $53 billion in losses and $40 billion in insured damage. flag Other major events included a powerful earthquake in Myanmar and Hurricane Melissa in Jamaica. flag Insured losses totaled $108 billion, with the U.S. facing $118 billion in total losses. flag About 17,200 lives were lost globally, above 2024 but below the 10-year average. flag Munich Re’s chief climate scientist emphasized that climate change continues to intensify extreme weather, despite short-term fluctuations in losses.

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