2013 Disasters-- Not so Expensive for the US, More so for Europe
- John Cornelison
- January 7, 2014
Table of Contents
“For the first time in two decades, the world’s costliest natural disasters in 2013 were not in the USA, according to a report released today by Munich Re, the world’s largest reinsurance firm. Last year, the most expensive weather disasters were in Europe, which included floods in central Europe and hailstorms in Germany.” (USA Today)
Globally, losses from natural catastrophes in 2013 were somewhat more moderate: the direct overall losses of around US$ 125bn and insured losses of around US$ 31bn remained below the average figures of the past ten years (US$ 184bn and US$ 56bn). Regrettably, in a total of 880 natural catastrophes (average of the past ten years: 790), more than 20,000 people were killed. This meant that the death toll was higher than in 2012, but significantly below the average of the past ten years (106,000).
“Nowhere in the world is the rising number of natural catastrophes more evident than in North America, where the number of weather-related loss events has almost quintupled over the past three decades.” (USA Today)
Based on the final graphic here, I wonder if the cost of the disasters is borne by those producing the most greenhouse gases?!
- Full Story: www.usatoday.com/story/weather/2014/01/07/global-natural-disasters/4342043/
- Press release & graphics: www.munichre.com/en/media_relations/press_releases/2014/2014_01_07_press_release.aspx
King County has told the local cities that it does not plan to provide snowplowing services to Tier 2 through 5 roads this winter due to budget cuts. 
