Article ID: 9de1f4084ab3ce38d9ddc81b0cf8eb59d44ed23a94406953e204f53e79523cde
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/q1-insured-cat-losses-6-above-century-average-aon/
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Q1 insured cat losses 6% above century average: Aon - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Q1 insured cat losses 6% above century average: Aon by Matthew Lerner Catastrophes , P/C Insurers , Property Asia-Pacific , European Union , Middle East/Africa Aon Apr 16, 2026 Global insured losses from natural disasters in the first quarter of 2026 reached approximately $20 billion, 6% above the average for the 21 st century. Nearly four-fifths, or 79%, of insured losses were recorded in the U.S. where natural catastrophes caused approximately $16 billion in insured losses, according to a report Thursday from Aon. Europe, Middle East and Asia saw $4 billion in first – quarter insured catastrophe losses. A March U.S. severe convective storm outbreak was the single costliest event with $4 billion in insured losses, the broker said. There were five “billion-dollar” events in the first quarter compared with 10 in first quarter 2025 and nine in first-quarter 2024. Severe convective storm was “the most damaging peril for insurers,” the report said. The “active” start of the 2026 severe convective storm season was “broadly consistent with the ongoing La Niña patter,” Aon said. La Niña years have been historically associated with elevated hail and tornado activity in the United States, particularly across the South and Southeast, the broker added. The active start of 2026, however, “does not guarantee an unusually severe full year for SCS losses. Historical experience shows a weak relationship between Q1 and full‑year outcomes,” the report said. Related News Tennessee board affirms denial of benefits in hospital security injury case April 16, 2026 Record earnings in property/casualty industry in 2025: Fitch April 16, 2026 Appeals court upholds comp exclusivity in fitness club assault April 16, 2026 Howden recruits former Acrisure transportation team April 16, 2026 U.K. targets wider NDA ban ahead of 2027 rollout April 16, 2026 India sets up $100M marine insurance pool April 16, 2026 Helvetia’s earnings grow 13% April 16, 2026 RiverStone’s profit rises to $295M April 16, 2026 More than 1M properties in England lack flood defenses April 16, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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