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2023 natural disasters caused £299bn of economic losses globally – Aon

By 2024-01-25T10:39:00

CLimate

’Severe weather and climate-related risks now pose an existential threat to the way we live and work,’ says broker’s global chief executive

The cost of global natural disasters to the world’s insurance industry reached £92.9bn ($118bn) in 2023 – 31% over the average for the 21st century.

That was according to Aon’s 2024 Climate and Catastrophe Insight report, which was published yesterday (25 January 2024). 

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