Climate Change

Global Modeled Losses Report 2025 Newsroom

Press release

9/2/2025 - 4 min read

$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes

Modeled non-crop property & casualty losses rose 25 percent compared to 2024, with severe thunderstorms and other frequency perils accounting for two thirds of total potential losses, according to Verisk.

Gettyimages 1263562386 Global Modeled Losses Pr

Press release

9/3/2024 - 4 min read

New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion

Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in anticipated costs.

Press release

10/19/2023 - 3 min read

Verisk expands its resilience and sustainability analytics with new Climate Risk Dataset

Verisk has added a new Climate Risk Dataset to its growing suite of sustainability and resilience analytics to provide powerful, geospatial insight.

Press release

9/8/2023 - 4 min read

Insurance Industry Faces Average Annual Natural Catastrophe Losses of $133B, A New High, According to Verisk Report

Global modeled insured average annual loss from natural catastrophes is $133 billion, a new high captured in latest analysis from Verisk’s extreme event solutions

Press release

9/28/2022 - 3 min read

Global Average Annual Insured Losses from Extreme Events in Excess of $120 Billion, New Report from Verisk Finds

Verisk Extreme Event Solutions released its 2022 Global Modeled Catastrophe Losses Report.

Press release

4/4/2022 - 4 min read

Verisk Assembles Climate Advisory Council

To help organizations better understand the impacts of climate change and inform their resilience and sustainability efforts, Verisk has formed the Verisk Climate...

Press release

10/25/2021 - 5 min read

Global Average Annual Insured Losses from Extreme Events in Excess of $100 Billion, New Report Finds

AIR Worldwide today released its 2021 Global Modeled Catastrophe Losses report.

Press release

9/2/2021 - 5 min read

AER Leads Study to Reveal Extreme Winter Weather Is Related to Arctic Change

A new study shows that the frequency of polar vortex disruptions that is most favorable for extreme winter weather in the United States is increasing, and that Arctic change is likely contributing to the increasing trend. Led by Atmospheric and Environmental Research (AER), University Massachusetts Lowell and the Hebrew University of Jerusalem, the study is published in the September 3 issue of Science. AER is a Verisk (Nasdaq:VRSK) business.

Press release

7/13/2021 - 4 min read

Clean energy leaders to speak at Wood Mackenzie’s North America Power & Renewables Conference

President Joe Biden has ramped up the US climate goal to achieve a 50% reduction in greenhouse gas emissions by 2030 from 2005 levels.

Press release

4/28/2021 - 5 min read

Climate Change Could Cut Corn Belt Crop Yields by Up To 40 Percent Due to Increasing Unfavorable, Extreme Weather by Mid-Century, According to a New Report

Thirteen states in the United States, known as the Corn Belt, are responsible for 90 percent of the corn grain and produce in the country and almost 30 percent...

Press release

1/19/2021 - 4 min read

AIR Worldwide Collaborates with experts at the Brookings Institution and AXIS Capital to Quantify the Impact from Climate Change on Hurricane Risk

Catastrophe modeling firm AIR Worldwide (AIR), in collaboration with experts from the Brookings Institution and AXIS Capital Holdings Limited, released a report which explores how climate change may affect hurricane risk in the United States by 2050, specifically related to financial losses to residential and commercial properties. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.

Press release

11/4/2019 - 4 min read

AIR Worldwide Releases Multi-Peril Crop Insurance Model for India

AIR today announced that it has released a Multiple Peril Crop Insurance (MPCI) Model for India.