Insured catastrophe losses reach $118bn in 2023, with 69% protection gap: Aon
Global catastrophe losses falling to sources of insurance and reinsurance capital reached $118 billion in 2023, according to the latest estimate to emerge from broker Aon. Aon’s insurance industry loss estimate for 2023 catastrophes compares to a slightly higher $123 billion estimate from Gallagher Re. In December, Swiss Re had estimated overall insured natural catastrophe losses at […]
