According to insurance and reinsurance broker Aon, global insured losses from natural catastrophe events reached $91 billion during the first nine-months of 2026, the lowest for the period since 2019’s $76 billion, and remained well below the $135 billion average of the past five years, but slightly above the 21st-century average of $88 billion.
The broker’s latest Global Catastrophe Recap revealed that natural catastrophe losses paid by the global insurance and reinsurance industry in the third-quarter of 2026 reached $29 billion, which Aon said was 31% below the 21st-century average.
Economic losses from natural catastrophes in the first nine months of 2026 reached $204 billion, 31% below the 21st century average and marked the lowest first-nine-month total since 2015, Aon further explained.
FULL ORIGINAL PUBLICATION HERE