Number of $1bn+ insured cat losses hits all-time high in 2023: Aon
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Number of $1bn+ insured cat losses hits all-time high in 2023: Aon

Rachel Dalton
January 23, 2024
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Global insured cat losses hit $118bn last year, with the number of events causing insured losses of $1bn or more reaching 37 – higher than ever before – according to Aon.

In its 2024 Climate and Catastrophe Insight report, the intermediary tallied 398 natural disasters last year, causing $380bn in economic losses, 22% above the 21st century average.

The

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Rachel Dalton
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