Swiss Re said natural and man - made disasters would cost the insurance industry about $ 79bn in 2018 , the fourth highest loss in its history . (Source: Swiss Re Institute): It said most of the cost , about $ 71bn , would come from natural disasters . It estimated total economic losses from catastrophes would be $ 155 m , again with natural disasters taking the largest share at $ 146bn . Swiss Re said no single event had caused any significant impact but most of the events , including US hurricanes , Japanese earthquakes and the Sichuan earthquake , had been in H2 .
Swiss Re said natural and man - made disasters would cost the insurance industry about $ 79bn in 2018 , the fourth highest loss in its history . It said most of the cost , about $ 71bn , would come from natural disasters . It estimated total economic losses from catastrophes would be $ 155 m , again with natural disasters taking the largest share at $ 146bn . Swiss Re said no single event had caused any significant impact but most of the events , including US hurricanes , Japanese earthquakes and the Sichuan earthquake , had been in H2 .