2022 Global Modeled Catastrophe Losses

Verisk的全球灾难Lo建模sses report includes global loss metrics based on Verisk’s latest suite of models.

Here are a few key takeaways from this year’s report:

• While the actual average loss over the past five years is approximately USD 100 billion, our white paper shows that global industry modeled average annual loss is far higher—coming in this year at USD 123 billion.
• Over the past 5 years, actual insured losses from natural catastrophes have averaged USD 100 billion compared to an average of less than USD 50 billion over the previous 5-year period.
• Multiple factors contribute to this doubling, including:
• A rise in exposure values and replacement costs, represented both by continued construction in high-hazard areas as well as high levels of inflation that are driving up repair costs
• The natural variability that comes from selecting any five-year sample of natural catastrophe experience
• The effects of climate change on different atmospheric perils
• The impacts of man-made loss drivers, such as social inflation and legal and regulatory changes.