H1’26 insured nat cat losses land 28% below 10-year average at $46bn, says Gallagher Re
Reinsurance broker Gallagher Re’s Natural Catastrophes and Climate Report for the First Half of 2026 shows that global insured losses from natural catastrophe events totaled US$46 billion in the first half of 2025, down from US$84 billion last year and 28% below the 10-year average of US$64 billion. In the first half of 2026, losses…