In 2022, there were 18 separate billion-dollar COASTAL weather and climate disasters. The total cost for these events was over $165 billion, making this the third most costly year on record, behind 2017 and 2005. The annual costs from billion-dollar disasters has exceeded $100 billion in five of the last six years (2017 to 2022), with 2019 being the only exception. The total cost for the last seven years (2016 to 2022) exceeds $1 trillion.
This can't be sustained.
https://coast.noaa.gov/states/fast-facts/hurricane-costs.html