Nat cat insured losses hit at least $20bn in Q1 2024: Gallagher Re
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Nat cat insured losses hit at least $20bn in Q1 2024: Gallagher Re

Insured loss for Q1 was 10% higher than the decadal average of $18bn.

By Abbie Wood
April 17, 2024
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Total global insured losses in Q1 2024 are estimated to be at least $20bn, with economic losses of $43bn, according to Gallagher Re’s Q1 2024 Natural Catastrophe and Climate Report.

The

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