Record 28 Billion-Dollar Disasters Strike U.S. in 2023 Amid Global Warming

Global losses from natural disasters reach $250 billion, with insured losses at $95 billion; 2023 marks the hottest year on record globally.

2023 saw a record 28 billion-dollar weather and climate disasters in the U.S., the highest number since counting began in 1980, according to the National Oceanic and Atmospheric Administration (NOAA).
The most expensive disaster of the year was an unprecedented heat wave that sat over Texas for weeks over the summer, causing about $14.5 billion in damage.
Global losses from natural disasters in 2023 were estimated at $250 billion, with insured losses totaling $95 billion, according to Munich Re, the world's leading reinsurer.
The deadliest disasters of the year were a series of earthquakes in Turkey and Syria in February 2023, causing around $50 billion in damages but only $5.5 billion was covered by an insurance policy.
2023 was the hottest year on record globally, contributing to the increasing frequency and intensity of extreme weather events.