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International

Insured losses from cat events hit $39 billion in first half of 2022

January 25, 2023 Reprints

U.K.-based Aon PLC's Global Catastrophe Recap report said that natural disaster events caused an estimated $39 billion in insured losses in the first half of 2022, which is 18% higher than the 21st century average of $33 billion, Xprimm reported. Total economic losses from these events stood at $92 billion, down 24% versus the average of $121 billion.

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Insured losses from cat events hit $39 billion in first half of 2022

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