For places like California and Japan, 2018 was a historically devastating year for natural disasters and extreme weather. In Aon's recently released annual Weather, Climate & Catastrophe Insight Report, researchers summarize the year and evaluate the impact of global natural disaster events in an effort to identify trends, manage volatility and enhance resilience. The Aon report puts the total cost of economic losses from natural disasters at $225 billion in 2018, and the total insured loss cost at $90 billion. In the slideshow above are several more key figures from the report highlighting the worst weather events and major takeaways from Aon's findings. Related: 6 preparedness tips for severe weather events
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Danielle Ling
Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].
