Severe convective storms, or thunderstorms, were the natural disaster with the highest value of insured losses worldwide in 2023, followed by flooding and drought. The value of global insured losses totaled 118 billion U.S. dollars, with severe convective storm accounting for 70 billion U.S. dollars. It needs to be noted though that the total economic losses from natural disasters were much higher and only a fraction of them were insured.
Value of insured losses from natural disaster events worldwide in 2022 and 2023, by natural disaster type
(in billion U.S. dollars)
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Aon. (January 22, 2024). Value of insured losses from natural disaster events worldwide in 2022 and 2023, by natural disaster type (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1423220/natural-disasters-globally-and-insured-losses-by-peril/
Aon. "Value of insured losses from natural disaster events worldwide in 2022 and 2023, by natural disaster type (in billion U.S. dollars)." Chart. January 22, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1423220/natural-disasters-globally-and-insured-losses-by-peril/
Aon. (2024). Value of insured losses from natural disaster events worldwide in 2022 and 2023, by natural disaster type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1423220/natural-disasters-globally-and-insured-losses-by-peril/
Aon. "Value of Insured Losses from Natural Disaster Events Worldwide in 2022 and 2023, by Natural Disaster Type (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jan 2024, https://www.statista.com/statistics/1423220/natural-disasters-globally-and-insured-losses-by-peril/
Aon, Value of insured losses from natural disaster events worldwide in 2022 and 2023, by natural disaster type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1423220/natural-disasters-globally-and-insured-losses-by-peril/ (last visited December 03, 2024)
Value of insured losses from natural disaster events worldwide in 2022 and 2023, by natural disaster type (in billion U.S. dollars) [Graph], Aon, January 22, 2024. [Online]. Available: https://www.statista.com/statistics/1423220/natural-disasters-globally-and-insured-losses-by-peril/
