In 2023, 142 natural disasters caused 76 thousand victims, 108 billion in insured losses and 280 billion in total damages. Most of the events that occurred were "medium-sized"; that is, with losses between 1 and 5 billion dollars.
The single most devastating natural catastrophe of the year was the earthquake in Turkey and Syria in February, with estimated insured losses of $6.2 billion. Global insured losses due to SCS reached a new record of $64 billion in 2023,. 85% of which were in the United States.