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Insured losses stemming from natural catastrophes rose to $50 billion in the first half of 2023, the second-highest reading since 2011, reinsurer Swiss Re said last month.
Source: https://www.insurancejournal.com/news/international/2023/09/05/739024.htm
Losses from natural catastrophes covered by insurance totaled around $120 billion last year, similar to 2021, though short of 2017’s record damages, Munich Re, the world’s largest reinsurer, said.
Source: https://www.insurancejournal.com/news/national/2023/01/10/702548.htm