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Guy Carpenter is now Marsh Re

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Chart: Midwest Tornadoes Prominent Force in 4Q Catastrophe Losses

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Insured catastrophe losses for the fourth quarter of 2021 are estimated to be over USD 10.6 billion, with Midwest US tornadoes resulting in losses of approximately USD 3.0 billion. This estimate is preliminary.

The estimated global insured losses for 2021 currently aggregate to USD 105.1 billion. Hurricane Ida was the most destructive single event of 2021, with insurers exposed to losses of over USD 27.4 billion. Other notable large losses for the year included floods in Germany, Belgium and neighboring countries that caused losses of USD 12.0 billion, and US winter storms leading to USD 14.0 billion in insured losses.

To see an enlarged version of the chart, click the image below

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As part of our ongoing brand evolution, you may begin to see updates to our branding, including our name, logos, and other visual identity elements, across our websites, communications, and other materials. Since these changes are being implemented on a phased basis, both current and updated branding may appear concurrently during the transition period. Information regarding legal entity name changes and other related legal notices for certain licensed US and Canadian legal entities will be available at https://www.marsh.com/en/about/legal-entity-us-ca.html and updated as changes become effective. Unless expressly stated otherwise, these branding updates do not change the legal entity providing products or services, modify existing contractual relationships, or alter any applicable rights, obligations, or regulatory responsibilities.