Munich Re pegs 2023 natural disasters with $95bn insurance bill

Natural disasters likely rendered $250 billion in damage in 2023 to match the prior year figure while putting a $95 billion bill to insurers, still below the $105 billion 5Y average but above the $90 billion 10Y average tally, analysts at Munich Re have declared.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

The great reshuffle: people moves that jolted re/insurance in 2025

23 December 2025 From London to Bermuda, the market watched exits jolt the industry, teams reshuffle and others fall into place with far less fanfare.

Insurance

Inside 2025’s Talent War: producers, poachers and brokerages lawyer up

22 December 2025 Brokerage complaints spin tawdry tales to frame defections as low-rent theft & espionage.

Insurance

Cyber rates to fall again as growth prospects remain ‘constrained’

19 December 2025 Stable coverage keeps insureds with incumbents, ‘limiting new business opportunities’.