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Global Insured Catastrophe Losses Now Expected to Average $171 Billion Annually, Verisk Finds

$VRSKPress releaseSep 1, 2026, 3:30 AM ETRead the release

Verisk released its 2026 Global Modeled Catastrophe Losses Report, setting a new benchmark of $171 billion for average annual insured losses, an increase of $19 billion year-over-year. The rise is driven by exposure growth, inflationary reconstruction costs, and continued development in hazard-prone areas, with the U.S. accounting for $117 billion or 68% of the total risk.

Key figures

Us share aal usd
117000000000
Global insured aal usd
171000000000
Economic aal global usd
450000000000
Exposure growth rate pct
7
Protection gap global pct
38
Increase vs prior year usd
19000000000
100 year return period loss usd
477000000000
250 year return period loss usd
606000000000
Reconstruction cost growth rate pct
5

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.