Insured nat cat losses already nearing $100 billion
Posted On: Oct. 20, 2022 9:53 AM CST![Catastrophes](https://bicontent.businessinsurance.com/2b8a2d47-aaaa-461f-9f11-52b74c21bc32.jpg)
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.