Global Catastrophe Losses Set To Average $171 Billion A Year, Verisk Finds

Rising exposure, demand surge and climate shifts are pushing the global insured average annual loss from natural catastrophes to $171 billion, according to Verisk. The post Global Catastrophe Losses Set To Average $171 Billion A Year, Verisk Finds appeared first on Risk & Insurance.

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.