Severe convective storm insured losses (year to date)

Most of the losses (85%) last year originated in the US, but losses are currently growing fastest in Europe, where they have topped USD 5 billion in each of the last three years, with hail storms the main driver.

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Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

APA

Swiss Re Institute. (2023). sigma 1/2024: Natural catastrophes in 2023. Retrieved September 15, 2026, from https://www.swissre.com/institute/research/sigma-research/sigma-2024-01.html. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M46

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MLA

Swiss Re Institute. "sigma 1/2024: Natural catastrophes in 2023." 2023, https://www.swissre.com/institute/research/sigma-research/sigma-2024-01.html. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M46.

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Chicago

Swiss Re Institute. "sigma 1/2024: Natural catastrophes in 2023." 2023. https://www.swissre.com/institute/research/sigma-research/sigma-2024-01.html. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M46.

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BibTeX

@misc{swissre2023severev71m46, author = {{Swiss Re Institute}}, title = {sigma 1/2024: Natural catastrophes in 2023}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M46}, note = {Original source: https://www.swissre.com/institute/research/sigma-research/sigma-2024-01.html. Accessed September 15, 2026.} }

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Everything needed to check this number yourself, without taking our word for it.

Record last modified 15 September 2026. Value type: actual. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_01M2KJ7XC8QWZRT4Z8E3V71M46.