Estimated Insured Property Losses, U.S. Catastrophes, 2009-2018 (1) |
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|
Year |
Number of
catastrophes |
Number of claims
(millions) |
Dollars when occurred
($ billions) |
In 2018 dollars (2)
($ billions) |
2009 |
27 |
2.2 |
$10.5 |
$12.3 |
2010 |
33 |
2.4 |
14.3 |
16.4 |
2011 |
30 |
4.9 |
33.6 |
37.8 |
2012 |
26 |
4.0 |
35.0 |
38.6 |
2013 |
28 |
1.8 |
12.9 |
14.0 |
2014 |
31 |
2.1 |
15.5 |
16.5 |
2015 |
39 |
2.0 |
15.2 |
16.0 |
2016 |
42 |
3.0 |
21.7 |
22.6 |
2017 |
46 |
5.3 |
105.7 |
108.2 |
2018 |
55 |
3.0 |
49.5 |
49.5 |
(1) Includes catastrophes causing insured property losses of at least $25 million in 1997 dollars and affecting a significant number of policyholders and insurers. Excludes losses covered by the federally administered National Flood Insurance Program. As of November 20, 2019.
(2) Adjusted for inflation through 2018 by the Insurance Information Institute using the GDP implicit price deflator.
Source: Property Claim Services® (PCS®), a unit of ISO®, a Verisk Analytics® company; Bureau of Economic Analysis. |
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