Between 1980 and 2022, the NOAA reports the United States averaged 7.9 weather and climate disasters annually with losses surpassing $1 billion. That number has jumped significantly in the last five years, however, with an average of 17.8 of these events each year between 2018 and 2022. That average is even higher when looking at the last three years – 2020 to 2022 – in which there were 60 of these events; an average of 20 per year. In these three years, losses averaged $144.9 billion and deaths averaged 487. In 2022, there were 18 weather or climate events where losses surpassed $1 billion, according to the NOAA. Overall, these events killed 474 people. The billion-dollar-plus NAT CAT events in 2022 included 11 severe storm events, three tropical cyclones, one flooding event, one wildfire and one winter storm. Florida was the state hit hardest by weather events last year, with the NOAA estimating around $112 billion in losses. Global losses from natural disasters totaled around $270 billion, according to a recent report from Munich Re, with the most damage coming from weather events. In the slideshow above, we'll look at the most costly NAT CAT events that hit the United State in 2022, according to the NOAA.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
