Cost of natural catastrophes in Q1 2022

According to a report by Aon, the cost of economic damages caused by natural catastrophes reached 32 billion USD in the first quarter of 2022.

The insured losses totaled 14 billion USD, that is 43.75% of the total claims cost.

The European storms Eunice, Franklin and Dudley, the floods in Australia, the earthquake in Japan and the violent tornadoes in the United States are considered as the most significant catastrophes that occurred during the first three months of the current year.