$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...

Average annual NatCat losses for global insurance industry reaches new high of $151 billion: Verisk

“While actual annual insured losses over the past five years have been high, averaging $106 billion, they should not be seen as outliers,” said Rob Newbold, president of Verisk Extreme Event Solutions BOSTON, MA: Verisk, a global data analytics and technology...