Worldwide, natural disasters in 2023 resulted in losses of around $250bn (previous year $250bn), with insured losses of $95bn (previous year $125bn). Overall losses tally with the five-year average, while insured losses were slightly below the average figure of $105bn.
Tag: global insured losses
Aon: Insured Global Natural Disaster Losses Reach $107 Billion YTD 2021
According to Aon, global insured losses from natural disasters and severe weather were approximately 13% higher than the annual decadal average as of early fourth-quarter 2021, totaling approximately $107 billion. In contrast, the number of events recorded remains below average for the year-to-date (YTD) in 2021, but the financial loss from these natural disasters and… Continue reading Aon: Insured Global Natural Disaster Losses Reach $107 Billion YTD 2021