The extreme event solutions business unit of Verisk estimates industry insured losses due to wind from Winter Storm Ciarán will range between EUR 800 mn and EUR 1.3 bn
Most natural disaster databases show a significant decline in the number of annual global events prior to 1980. While the biggest natural catastrophe events are typically captured
Global natural disasters in 2022 resulted in near-average economic losses totaling $313 bn. Half of losses occurred in the United States and were driven by Hurricane Ian