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World Natural Disaster Events Ranked by Number Of Insured Losses, 2023 (1)

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Rank Peril Insured loss (US$ billions)
1 Severe Convective Storm $70
2 Flooding 13
3 Drought 10
4 Earthquake 7
5 Tropical Cyclone 6
6 Wildfire 5
7 Winter Weather 4
8 European Windstorm 4
9 Other 0
  Total $118 (2)
(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 2024. (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.