Disasters, both natural and man-made, cost $92 billion (€81 billion) for Swiss Re, the global reinsurance provider.
While costly enough, the year marked a fall in the 2014 bill of $113 billion.
The largest insured loss in 2015 was the explosion at the Chinese port of Tianjin in August in which 173 people lost their lives. The estimated cost is between $2.5 and $3.5 billion.
This was the costliest insurance loss ever to occur in Asia and the third costliest worldwide, on a list topped by the 9/11 terror attacks on the United States, estimated at $25.2 billion.
Following this event were winter storms across the United States which created insurance costs of an estimated $2 billion.
Disasters numbered 353 for the year, of which 198 were natural catastrophes which was the highest number in any year, Swiss Re reported, and accounted for some $80 billion of the total.
The earthquake in Nepal was the biggest disaster in terms of economic, rather than insured losses, at $6 billion including damage resulting also in India, China and Bangladesh. Nearly 9,000 people were killed, making it the deadliest single disaster in 2015.
The Swiss Re Group is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer.
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