Data includes natural disasters that have caused at least 25 million U.S. dollars in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged.
Severe weather includes severe convective storms such as thunderstorms, tornadoes, and hailstorms, straight-line winds, and flooding that could occur with these storms.
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Insured catastrophe losses worldwide 2019-2024, by catastrophe type
In 2024, the largest portion of insured losses came from severe convective storms. Between 2019 and 2024, the largest portion of insured catastrophe losses worldwide were as a result of severe weather. Severe convective storms incurred losses amounting to ** billion U.S. dollars in 2024. Overall, 2024 had the highest total cost of losses incurred, totaling *** billion U.S. dollars.
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Insurance Information Institute. (July 9, 2025). Value of insured catastrophe losses worldwide from 2019 to 2024, by catastrophe type (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/276729/largest-insured-losses-worldwide-by-insurance-category/
Insurance Information Institute. "Value of insured catastrophe losses worldwide from 2019 to 2024, by catastrophe type (in billion U.S. dollars)." Chart. July 9, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/276729/largest-insured-losses-worldwide-by-insurance-category/
Insurance Information Institute. (2025). Value of insured catastrophe losses worldwide from 2019 to 2024, by catastrophe type (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/276729/largest-insured-losses-worldwide-by-insurance-category/
Insurance Information Institute. "Value of Insured Catastrophe Losses Worldwide from 2019 to 2024, by Catastrophe Type (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Jul 2025, /statistics/276729/largest-insured-losses-worldwide-by-insurance-category/
Insurance Information Institute, Value of insured catastrophe losses worldwide from 2019 to 2024, by catastrophe type (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/276729/largest-insured-losses-worldwide-by-insurance-category/ (last visited July 29, 2026)
Value of insured catastrophe losses worldwide from 2019 to 2024, by catastrophe type (in billion U.S. dollars) [Graph], Insurance Information Institute, July 9, 2025. [Online]. Available: /statistics/276729/largest-insured-losses-worldwide-by-insurance-category/
