Verisk's 2024 Global Modeled Catastrophe Losses report includes global loss metrics based on Verisk's latest suite of models and updated industry exposures. The actual average loss over the past five years is approximately $106 billion, but our modeling indicates the global insurance industry should expect far higher levels of insured losses in future years—exceeding $151 billion annually.
The 2024 edition of Verisk’s Global Modeled Catastrophe Losses report will explore contributing factors and key drivers of these modeled losses, including: