Secondary Perils Responsible for Virtually All 2025 Nat-Cat Insured Losses in North America: Swiss Re
Wildfires and severe convective storms dominated North America’s natural catastrophe losses last year, according to a recent report from Swiss Re Institute. In the absence of a major U.S. hurricane landfall, these secondary perils made up 99.9% of 2025 insured natural catastrophe losses in the region. North America recorded more than $90 billion in insured … Continued
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