Factoid - Monday, March 23, 2026
Gallagher Re reported that insurance losses from global natural disasters totaled $129billion in 2025, 5% lower than the 10-year average of $136 billion, according to its own release. The estimated direct economic cost of all natural hazards totaled $296 billion in 2025. The protection gap (the portion of these costs not covered by insurance) stood at $167 billion, representing 56% of all losses from global natural disasters during the year.
Posted on Monday, March 23, 2026 @ 11:25 AM

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