$152 Billion and Rising: Insurance industry facing growing average annual losses from natural catastrophes

$152 Billion and Rising: Insurance industry facing growing average annual losses from natural catastrophes

The 2025 Global Modeled Catastrophe Losses Report notes a $32 billion increase in non-crop global modeled insured AAL over 2024, which reflects the upward trend in catastrophe losses experienced on a global scale. Over the past five years, insured losses have averaged...