The most expensive natural disaster globally in terms of insured losses in 2023 was the U.S. drought. This drought hit the United States from January 1 to December 31 and resulted in insured losses of 6.5 billion U.S. dollars.
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Most expensive natural disasters to the insurance industry worldwide in 2023
(in billion U.S. dollars)
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Aon. (January 22, 2024). Most expensive natural disasters to the insurance industry worldwide in 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 26, 2025, from https://www.statista.com/statistics/207424/insured-losses-of-the-largest-world-natural-catastrophes/
Aon. "Most expensive natural disasters to the insurance industry worldwide in 2023 (in billion U.S. dollars)." Chart. January 22, 2024. Statista. Accessed June 26, 2025. https://www.statista.com/statistics/207424/insured-losses-of-the-largest-world-natural-catastrophes/
Aon. (2024). Most expensive natural disasters to the insurance industry worldwide in 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 26, 2025. https://www.statista.com/statistics/207424/insured-losses-of-the-largest-world-natural-catastrophes/
Aon. "Most Expensive Natural Disasters to The Insurance Industry Worldwide in 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jan 2024, https://www.statista.com/statistics/207424/insured-losses-of-the-largest-world-natural-catastrophes/
Aon, Most expensive natural disasters to the insurance industry worldwide in 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/207424/insured-losses-of-the-largest-world-natural-catastrophes/ (last visited June 26, 2025)
Most expensive natural disasters to the insurance industry worldwide in 2023 (in billion U.S. dollars) [Graph], Aon, January 22, 2024. [Online]. Available: https://www.statista.com/statistics/207424/insured-losses-of-the-largest-world-natural-catastrophes/
