Regional NatCat risk

Risk drivers and resilience

Natural catastrophes are shaping risk landscapes in different ways across regions, but the underlying trends are consistent. From severe convective storms and wildfires driving losses in North America, to rising flood risk and protection gaps in Asia, and increasingly complex storm dynamics in Europe, exposures are growing and loss patterns are evolving.

These regional perspectives from sigma highlight how hazard, exposure and vulnerability interact to drive losses, and where adaptation and insurance can strengthen resilience. Together, they provide a clearer view of global natural catastrophe risk and the actions needed to manage it.