An active start to 2023 resulted in above average natural catastrophe losses around the world. The predominant driver was record-setting Q1 thunderstorm losses in the United States and a series of powerful February earthquakes that led to devastating impacts and a humanitarian crisis in Turkey and Syria.
Readers of this report can expect to:
- Explore the continued impact of inflation on cat loss performance
- Review major Q1 events and overall financial loss perspective
- Better understand the role of climate change and ENSO influence on future event