At USD 144 billion, global insured losses from disaster events in 2017 were the highest ever, sigma study says
10 April 2018
• Total global economic losses from natural disasters and man-made catastrophes were USD 337 billion in 2017
• Global insured losses from disaster events in 2017 were USD 144 billion, the highest ever on sigma records
• Hurricanes Harvey, Irma and Maria resulted in combined insured losses of USD 92 billion, equal to 0.5% of US GDP
• Insured losses from all wildfires in the world totalled USD 14 billion in 2017, the highest ever in a single year
• More than 11 000 people died or went missing in disaster events in 2017