Insured nat cat losses already nearing $100 billion

A report by Aon PLC’s Impact Forecasting division showed that global insured losses stemming from natural catastrophes already reached $99 billion by the end of third quarter, and they are likely to surpass $100 billion this year, Artemis reported. Meanwhile, the economic losses from natural catastrophes and severe weather events have reached an estimated $227 billion so far this year, including Hurricane Ian damages.