There were 421 notable natural disasters globally in 2022, which saw insured losses reached $132 billion worldwide, according to Aon. This was 57% above the 21st century. The year saw 19 billion-dollar loss events, five of which exceeded $10 billion, making it the fifth costliest year on record for insurers. (Credit: Mike Mareen/Adobe Stock) There were 421 notable natural disasters globally in 2022, which saw insured losses reach $132 billion worldwide, according to Aon. This was 57% above the 21st century average. The year saw 19 billion-dollar loss events, five of which exceeded $10 billion, making it the fifth costliest year on record for insurers. (Credit: Mike Mareen/Adobe Stock)

During 2022, the U.S. accounted for 75% of global insured losses stemming from natural disasters, according to Aon plc latest Weather, Climate and Catastrophes report. Insured losses from natural disasters reached $99 billion this past year.

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