Last year’s catastrophe losses pose a stark reminder of the need to build resilience and educate people about risk mitigation and insurance, according to Aon executives. Global insured losses from natural disasters and climate events topped US$100 billion (CAN$134 billion) for third year in a row, according to a new report by global broking giant Aon. The 2023 weather, climate and catastrophe insight report revealed that natural disasters caused US$313 billion in economic losses globally in 2022, 4% above the 21st-century average.