The most expensive catastrophe for the Mexican insurance industry as of November 2023 was the COVID-19 pandemic, which began in early 2020. The pandemic resulted in almost 3.5 billion U.S. dollars of insured losses. This was followed by Hurricane Wilma, which hit Mexican coasts in October 2005. This storm was responsible for over 2.6 billion U.S. dollars of insurance claims paid.
Most expensive catastrophes in Mexico from 1985 to November 2023, by insurance claims paid
(in million U.S. dollars)
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El Informador. (November 16, 2023). Most expensive catastrophes in Mexico from 1985 to November 2023, by insurance claims paid (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/753668/most-expensive-natural-disasters-insurance-compensation/
El Informador. "Most expensive catastrophes in Mexico from 1985 to November 2023, by insurance claims paid (in million U.S. dollars)." Chart. November 16, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/753668/most-expensive-natural-disasters-insurance-compensation/
El Informador. (2023). Most expensive catastrophes in Mexico from 1985 to November 2023, by insurance claims paid (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/753668/most-expensive-natural-disasters-insurance-compensation/
El Informador. "Most Expensive Catastrophes in Mexico from 1985 to November 2023, by Insurance Claims Paid (in Million U.S. Dollars)." Statista, Statista Inc., 16 Nov 2023, https://www.statista.com/statistics/753668/most-expensive-natural-disasters-insurance-compensation/
El Informador, Most expensive catastrophes in Mexico from 1985 to November 2023, by insurance claims paid (in million U.S. dollars) Statista, https://www.statista.com/statistics/753668/most-expensive-natural-disasters-insurance-compensation/ (last visited December 21, 2024)
Most expensive catastrophes in Mexico from 1985 to November 2023, by insurance claims paid (in million U.S. dollars) [Graph], El Informador, November 16, 2023. [Online]. Available: https://www.statista.com/statistics/753668/most-expensive-natural-disasters-insurance-compensation/
