Shutterstock_574191616

10 January 2024Insurance

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?

Login to your account

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

Insurers innovate as geopolitical risks reshape trade

22 September 2026 In an increasingly risky and complex world, marine insurers can sit at the forefront of innovation.

Global insurance rate drops continue to accelerate, barring casualty

22 September 2026 Regionally, casualty rates dropped everywhere, apart from the US: Marsh Re.

Canada P&C insurers face growing bouquet of climate, economic, cyber risks

22 September 2026 Reinsurance results improve on cat losses but risks are mounting: AM Best.

More articles

Insurers innovate as geopolitical risks reshape trade

The Dali claim showed just how resilient the re/insurance is: Gallagher Re

Marine accumulations stack up: Willis Re

‘We keep our promises’: marine carriers ready for world of emerging risks

Marine insurance supply stable as changes reshape the market: IUMI president

Protect one shipping lane, expose another – the naval dilemma facing global trade

Global marine premiums rise but underlying market soft: IUMI

Bigger risks yet softening rates: Axis warns discipline must hold

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze