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World Natural Disaster Events Ranked by Insured Losses, 2024 (1)

(2024 US$ billions)

Rank Peril Insured loss (US$ billions)
1 Severe Convective Storm $62
2 Tropical Cyclone 48
3 Flooding 21
4 Winter Weather 4
5 Drought 4
6 Wildfire 3
7 European Windstorm 2
8 Earthquake 1
9 Other 0
  Total $145
(1) Natural disasters that cause at least US$25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. As of January 2025. (2) Chart total and amount cited in text may be different due to rounding by the source, Aon Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data. Source: Aon.