Aon Finds Severe Convective Storms Now Dominate Global Insured Losses

Severe Convective Storms Now the Costliest Insured Peril of the 21st Century, Aon Reports

New findings show natural hazards such as SCS and wildfire are reshaping global loss patterns and intensifying need for both physical and financial resilience DUBLIN, Jan. 20, 2026 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm, today launched its annual Climate and Catastrophe Insight report, revealing that severe convective storms (SCS) have […] The post Severe Convective Storms Now the Costliest Insured Peril …

Aon finds severe convective storms now dominate global insured losses

Aon, a professional services firm, has published its latest Climate and Catastrophe Insight report, setting out how severe convective storms have become the most expensive insured hazard of the 21st century, overtaking tropical cyclones. Drawing on Aon’s global data, analytics and catastrophe modelling expertise, the report explains how the rising frequency of high-impact weather events is reshaping loss trends worldwide. Aon’s analysis emphasis…