Top 10 Costliest Natural Catastrophes, United States (1) |
($ millions)
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Estimated insured property loss |
Rank |
Year |
Peril |
Dollars when occurred |
In 2023 dollars (2) |
1 |
2005 |
Hurricane Katrina |
$65,000 |
$101,865 |
2 |
2022 |
Hurricane Ian |
54,000 |
55,772 |
3 |
2021 |
Hurricane Ida |
36,000 |
40,503 |
4 |
2012 |
Hurricane Sandy |
30,000 |
39,918 |
5 |
2017 |
Hurricane Harvey |
30,000 |
37,609 |
6 |
2017 |
Hurricane Irma |
30,050 |
37,473 |
7 |
2017 |
Hurricane Maria |
29,511 |
36,802 |
8 |
1992 |
Hurricane Andrew |
16,000 |
34,951 |
9 |
1994 |
Northridge Earthquake |
15,300 |
32,210 |
10 |
2008 |
Hurricane Ike |
18,200 |
25,604 |
(1) Natural disasters that cause at least $25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Includes Puerto Rico and the U.S. Virgin Islands. Includes losses sustained by private insurers and government-sponsored programs such as the National Flood ÐÓ°ÉÔ´´ Program. Subject to change as loss estimates are further developed. As of January 2024.
(2) Adjusted for inflation by Aon using the U.S. Consumer Price Index.
Source: Aon. |
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