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The and severe spring thunderstorms are just a few of the natural disasters that have contributed to more than $131 billion in global losses for the first half of 2025, according to . 

Overall losses so far in 2025 were slightly lower than the same time period in 2024, but still above long-term averages.

"We need to face it that the losses have been on the rise and make it clear that climate change plays an ever increasing role," said Tobias Grimm, chief climate scientist at Munich Re.

As more people move into high-risk climate areas and weather events grow more extreme due to climate change, the damages will likely keep climbing, Grimm said.

Another major global disaster in 2025 was the March 7.7-magnitude earthquake in Myanmar that killed an estimated 4,500 people and caused $12 billion in losses, very little of which was insured. 

Weather disasters like wildfires and storms have caused 88% of overall losses and 98% of insured losses, according to Munich Re. Earthquakes accounted for 12% of overall losses and 2% of insured losses in 2025 so far.