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Estimated Insured Property Losses, U.S. Natural Catastrophes, 2014-2023 (1)

($ billions)

Year In dollars when occurred In 2023 dollars (2)
2014 $23.4 $30.5
2015 23.0 29.9
2016 31.9 40.9
2017 131.0 163.9
2018 60.9 74.5
2019 39.2 47.2
2020 81.5 96.9
2021 93.3 106.0
2022 109.6 114.0
2023 78.8 79.6
(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. 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 2024. Adjusted for inflation by Aon using the U.S. Consumer Price Index. Source: Aon.