Articles - 2026 Natural catastrophe losses Europe heatwaves and El Niño


Global insured natural catastrophe losses reached an estimated USD 42 billion in the first half of 2026, well below the long-term trend. But does a quieter first half mean lower risk? Balz Grollimund, Head of Catastrophe Perils & Property at Swiss Re, looks at the key trends shaping natural catastrophe risk in 2026, from severe convective storms and Europe’s record heat and rising wildfire risk to the outlook for the North Atlantic hurricane season.

 

 

 

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