Hurricane Ian and other extreme weather events, including winter storms, flooding and hailstorms, resulted in over $260 billion in total economic losses in 2022, making it the second consecutive year in which losses attributed to natural disasters totaled more than $200 billion, and continuing the trend of a 5% to 7% average annual increase over the past decade.
According to findings by Swiss Re Institute, 2022 saw weather-related insured losses of $122 billion and total economic losses of $268 billion. The most economically significant natural disasters of 2022 include: