Global catastrophe losses remained below historical averages in the first half of 2026, but significant regional disasters, record-setting events and rising insured losses highlighted the evolving nature of catastrophe risk, according to Aon plc's Global Catastrophe Recap: First Half of 2026 report. Global economic losses reached $111bn during H1 2026, 25% below the 21st-century average and the lowest first-half total since 2018. However, the period recorded 23 billion-dollar economic loss events, in line with long-term averages, and 13 billion-dollar insured loss events, exceeding the historical average of 10. Aon said the figures showed that global loss totals alone do not fully capture the impact of disasters on communities, infrastructure, businesses and supply chains.