Severe Thunderstorms the Main Driver for Insured NatCat losses
A series of widespread thunderstorms (severe convective storms) hit the US and account for 68% of global insured natural catastrophe losses
Hurricane losses
6 posts
2023 U.S. Insured Losses from Hurricanes Have Risen over the 15 Years
Insured losses from hurricanes have risen over the past 15 years as hurricane activity has intensified
TOP 20 Costliest U.S. Hurricanes. Losses Will Increase by 10% over 20 Years
Aon’s work with Columbia University has revealed that under selected scenarios, U.S. hurricane losses would increase by at least 10% over 20 years
Florida Hurricane Catastrophe Fund’s Losses & Insurance Claims Outlook
Florida Hurricane Catastrophe Fund plays a vital role in Florida’s property-insurance system as it provides relatively low-cost reinsurance
Global Insured & Economic Losses from Natural Catastrophes Outlook
Natural disasters resulted in global economic losses of USD 275 billion, of which USD 125 billion were covered by insurance
How Florida’s Insurance Market Could to Respond to a Repeat of a Category 5 Hurricane Andrew?
Because of significant exposure growth, the impact of social inflation, and climate change complications, Florida’s insurance market could struggle to respond to a repeat of a Category 5 hurricane
