Severe
Convective
Storm
$73.0
Convective
Storm
$73.0
Drought
$14.0
$14.0
Flooding
$12.0
$12.0
Wildfire
$6.0
$6.0
Other
$0.5
$0.5
In 2023, the U.S. accounted for only 30 percent of global losses from natural disasters, but 67 percent of insured losses from such events. "Convective storms" include thunderstorms, tornadoes and hurricanes.