Natural disasters: insured losses estimate as at 31 March 2026

April 22, 2026
catnat

Gallagher Re estimates that insured losses from natural disasters in the first three months of the current year reached 20 billion USD.

This figure is 26% below the ten-year average and 47% below the five-year average.

The total economic cost of damage caused by natural disasters is estimated at 58 billion USD.

Top 5 costliest natural disasters in terms of insured losses

Figures in billions USD
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DisasterDateCountriesInsured lossesEconomic losses
Winter storm21-26 JanuaryUnited States, Canada4.16.1
Severe storms10-12 MarchUnited States2.33.1
Synoptic wind12-14 MarchUnited States1.62
Severe storms15-16 MarchUnited States1.42
Storm Nils10-12 FebruaryFrance, Portugal, Spain1.12.2

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