In 2023, 142 natural disasters caused 76 thousand victims, 108 billion in insured losses and 280 billion in total damages.
According to SwissRE, which underlines that since 1994, these phenomena have increased at a rate of between 5% and 7% every year, with increasingly negative records.
And according to the Swiss reinsurer, the amount of insured losses could double in 10 years due to rising temperatures and the greater frequency and intensity of extreme weather events.
In 2023, 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.
The frequency of convective storms has increased by 7.5% per year since 1994, therefore at a double rate compared to other phenomena.
Global insured losses due to SCS reached a new record of $64 billion in 2023, 85% of which were in the United States.
Insured losses related to SCS have grown fastest in Europe, exceeding $5 billion in each of the last three years.
In particular, the risk of hail is increasing, especially in Germany, Italy and France.
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