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Current Table

Top 10 Costliest World Natural Disasters by Insured Losses, 2023 (1)

(US$ billions)

Rank Date Country/region Event Insured loss (2)
1 Annual U.S. U.S. Drought $6.5
2 Feb. 6-20 Turkey and Syria Turkey and Syria Earthquakes 5.7
3 Mar. 1-3 U.S. Severe Convective Storm 5.0
4 Mar. 31-Apr. 1 U.S. Severe Convective Storm 4.4
5 Jun. 21-26 U.S. Severe Convective Storm 4.3
6 Aug. 8-17 U.S. Hawaii Wildfires 3.5
7 Jun. 10-15 U.S. Severe Convective Storm 3.1
8 Jun. 15-20 U.S. Severe Convective Storm 3.0
9 Jul. 21-26 Europe Severe Convective Storm 3.0
10 May 9-14 U.S. Severe Convective Storm 2.9
All other events       $76.6
Total 2023       $118.0

(1) Natural disasters that cause at least US$25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Hurricane losses in the United States include National Flood Insurance Program losses. As of January 2024.
(2) Includes losses sustained by private insurers and government-sponsored programs. Subject to change as loss estimates are further developed.

Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

 
Top 10 Costliest World Natural Disasters by Insured Losses, 2018 (1)

(US$ millions)

Rank Date (2) Country/region Event Insured loss
in U.S. dollars
1 Sep. 5 Japan  Typhoon Jebi $12,500
2 Oct. 12 U.S., Southeast, Mid-Atlantic Hurricane Michael 11,000
3 Nov. 31 U.S., West Camp Fire 10,000
4 Sep. 18 U.S., Southeast, Mid-Atlantic, Northeast Hurricane Florence 5,500
5 Nov. 31 U.S., West Woolsey Fire 4,200
6 Oct. 1 Japan  Typhoon Trami 3,250
7 Dec. 31 U.S.  Annual drought loss 2,400
8 Jul. 8 Japan  Japan floods 2,250
9 Jan. 18 Western and Central Europe Windstorm Friederike 2,056
10 Jun. 21 U.S., Rockies, Plains, Midwest, Northeast Colorado hailstorm 1,750

(1) Natural disasters that cause at least US$25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Hurricane losses in the United States include National Flood Insurance Program losses. As of September 13, 2019.
(2) Date event ended.

Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

Source: Aon.

 
Top 10 Costliest World Natural Disasters by Insured Losses, 2019 (1)

(US$ billions)

Rank Date (2) Country/region Event Insured loss in U.S. dollars
1 Oct. 6-12 Japan Typhoon Hagibis $9.0
2 Sep. 7-9 Japan Typhoon Faxai 6.0
3 May-July U.S. Mississippi Basin floods 4.0
4 May 27-30 U.S. Severe weather 3.6
5 Aug. 25-Sep. 7 Bahamas, Caribbean, U.S., Canada Hurricane Dorian 3.5
6 Mar. 12-31 U.S. Missouri Basin floods 2.5
7 Oct. 20-21 U.S. Dallas tornadoes 2.2
8 Mar. 23-25 U.S. Severe weather 1.4
9 Mar. 10-11 Western and Central Europe Windstorm Eberhard 1.2
10 Sep. 17-22 U.S. Tropical Storm Imelda 1.2
All other events       $36.0
Total 2019       $71.0 (2)

(1) Natural disasters that cause at least $25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Hurricane losses in the United States include National Flood Insurance Program losses. As of January 2020.
(2) Includes losses sustained by private insurers and government-sponsored programs. Subject to change as loss estimates are further developed.

Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

Source: Aon.

 
Top 10 Costliest World Natural Disasters by Insured Losses, 2020 (1)

(US$ billions)

Rank Date Country/region Event Insured loss (2)
1 Aug. 21-29 U.S., Caribbean Hurricane Laura $10.0
2 Aug. 8-12 U.S. Severe convective storm (includes Midwest derecho) 8.3
3 Sep. 14-18 U.S. Hurricane Sally 3.5
4 Sep. 27-Oct. 5 U.S. Glass Fire 2.9
5 Jul. 30-Aug. 5 U.S., Caribbean, Canada Hurricane Isaias 2.7
6 Apr. 10-14 U.S. Easter Tornado Outbreak 2.7
7 Aug. 17-Sep. 22 U.S. CZU Lightning Complex Fire 2 4
8 Apr. 6-9 U.S. Severe weather (3) 2.3
9 Oct. 24-30 U.S., Caribbean Hurricane Zeta 2.3
10 Mar. 27-30 U.S. Severe weather (3) 2.2
All other events       $58.0
Total 2020       $97.0

(1) Natural disasters that cause at least US$25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Hurricane losses in the United States include National Flood Insurance Program losses. As of January 2021.
(2) Includes losses sustained by private insurers and government-sponsored programs. Subject to change as loss estimates are further developed.
(3) Includes severe convective storms such as thunderstorms, tornadoes and hailstorms, straight-line winds and flooding that could occur with these storms.

Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

Source: Aon.

 
Top 10 Costliest World Natural Disasters by Insured Losses, 2021 (1)

(US$ billions)

Rank Date Country/region Event Insured loss (2)
1 Aug. 27-Sep. 2 U.S., Caribbean Hurricane Ida $36.0
2 Feb. 2-20 U.S., Mexico Winter weather (freeze) 15.0
3 Jul. 12-18 Western and Central Europe Flooding 13.0
4 Jan. 1-Dec. 31 U.S. Drought 4.3
5 Dec. 10-12 U.S. Severe weather (3) 4.0
6 Jun. 17-25 Western and Central Europe Severe weather (3) 3.5
7 Apr. 27-May 2 U.S. Severe weather (3) 2.6
8 Feb. 2-13 Japan Fukushima Earthquake 2.5
9 Jun. 1-Sep. 30 China Season floods 2.1
10 Dec. 30-31 U.S. Marshall Fire 2.0
All other events       $45.0
Total 2021       $130.0

(1) Natural disasters that cause at least US$25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Hurricane losses in the United States include National Flood Insurance Program losses. As of January 2022.
(2) Includes losses sustained by private insurers and government-sponsored programs. Subject to change as loss estimates are further developed.
(3) Includes severe convective storms such as thunderstorms, tornadoes and hailstorms, straight-line winds and flooding that could occur with these storms.

Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

Source: Aon.

 
Top 10 Costliest World Natural Disasters by Insured Losses, 2022 (1)

(US$ billions)

Rank Date Country/region Event Insured loss (2)
1 Sep. 29-Oct. 1 U.S., Cuba Hurricane Ian $52.5
2 Annual U.S. U.S. Drought 8.0
3 Feb. 23-Mar. 31 Austrailia QLD & NSW Floods 4.0
4 Feb. 18-19 Western and Central Europe Windstorm Eunice 3.4
5 Annual Southern, Western and Central Europe European Drought 3.0
6 Mar. 16 Japan Fukushima Earthquake 2.9
7 Jun. 1-Sep. 30 China China Seasonal Floods 0.4
8 Annual China China Drought 0.2
9 May 17-Oct. 31 India India Seasonal Floods 0.1
10 Jun. 14-Oct. 30 Pakistan Pakistan Seasonal Floods 0.1
All other events       $57.4
Total 2022       $132.0

(1) Natural disasters that cause at least US$25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Hurricane losses in the United States include National Flood Insurance Program losses. As of January 2023.
(2) Includes losses sustained by private insurers and government-sponsored programs. Subject to change as loss estimates are further developed.
(3) Includes severe convective storms such as thunderstorms, tornadoes and hailstorms, straight-line winds and flooding that could occur with these storms.

Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

Source: Aon.