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Natural Catastrophe Losses In The United States By Peril, 2024 (1)

($ millions)

Peril Number of events Fatalities Economic losses (2) Insured losses (3)
Tropical cyclone 5 328 $121,555 $43,717
Severe convective storm 49 99 68,579 53,967
Wildfire, drought, heatwave 9 1,033 10,519 5,548
Winter weather 6 89 6,809 4,020
Flooding 12 27 10,189 5,323
Total 81 1,576 $217,651  $112,575 
(1) Natural disasters that cause at least $25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Includes Puerto Rico and the U.S. Virgin Islands. (2) Includes any direct physical damage or direct net loss business interruption costs. (3) Includes losses sustained by private insurers and government-sponsored programs such as the National Flood Insurance Program. Subject to change as loss estimates are further developed. As of January 2025. Source: Aon.