Hurricane approaching the American continent visible above the Earth. Elements of this image furnished by NASA. Hurricane Ian – which hit parts of the United States and Cuba in September – was the most costly event worldwide in 2022, causing total losses around $100 billion. (Credit: Mike Mareen/Adobe Stock)

Global natural disaster losses in 2022 totaled $270 billion USD, according to a recent report from Munich Re. Around $120 billion of these losses were insured, which comes in above the average of $97 billion in insured losses from 2017 to 2021.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of She can be reached at [email protected].