Excerpt from the September 2024 Conning Commentary:

Midyear Cat Assessment

Midyear Cat Assessment
The industry has been burdened with above-average catastrophe losses in six of the past seven years. The average annual insured loss from natural catastrophe events over that span is $64 billion (not adjusted for inflation). This year is shaping up to be another troublesome year. 
Excerpt from the September 2024 Conning Commentary