Fire Earth

Earth is fighting to stay alive. Mass dieoffs, triggered by anthropogenic assault and fallout of planetary defense systems offsetting the impact, could begin anytime!

Posts Tagged ‘cost of disaster’

2016 Disaster Damage Highest in 4 Years: Munich Re

Posted by feww on January 4, 2017

Submitted by KBA

“Natural disaster” damage hits a 4-year high: Munich Re

Disasters caused $175 billion of damage in 2016, the highest level since 2012, reported Munich Re.

  • $125 billion of losses (71%) were uninsured.

Disaster claims last year cost the insurers about $50 billion, nearly double 2015’s payout of $27 billion.

  • Ten-year average: $45 billion

Casualties from the disasters in 2016 were 8,700 fatalities compared with 25,400 in 2015.

  • Ten-year average: 60,600

Asia

Kyushu, Japan, was hit by two earthquakes in April inflicting costs of $31 billion, while  floods in China in June and July cost $20 billion.

North America

North America experienced 160 disasters, its largest total since 1980. Wildfires, heatwaves and droughts plagued Canada, costing about $4 billion, while flooding in the southern US caused $10 billion in damage.

Hurricane Matthew, the worst disaster in the region, killed  550 people in Haiti alone and caused $10.2 billion of damage.

Europe

Summer storms across Europe triggered flooding with damage costing a total of $6 billion, in Germany as well as the French capital Paris.

  • Floods accounted for 34 percent of all losses globally.

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Global Disaster Report: Swiss Re

Posted by feww on December 15, 2016

2016 Disasters killed about 10,000 and cost USD158 billion

Total economic losses from all disasters are estimated at US$158 billion in 2016 ($94 billion losses in 2015 ), according to Swiss Re. [Disasters caused by ISIL and their backers, and the toll from their terrorists acts are not included in the Swiss Re preliminary sigma estimates.]

  • Insured losses: $49 billion ($37 billion in 2015)
  • Casualties: 10,000 people lost their lives [more than  250,000 injured: Blog Models.]
  • Earthquakes, hail and thunderstorms, and Hurricane Matthew resulted in the largest insured losses in 2016.

Major disasters in 2016 included

  • Hurricane Matthew and severe storms in the US
  • Widespread flooding in the US, Europe and Asia
  • Earthquakes in Taiwan, Japan, Ecuador, Italy and New Zealand
  • Wildfires in Canada

Source: http://www.swissre.com/

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Global Disasters/ Significant Events – September 19, 2013

Posted by feww on September 19, 2013

The clock continues ticking …


Losses from deadly flooding in Colorado estimated at $2 billion

Total cost of property losses from deadly flooding in Colorado is estimated at about $2 billion, according to the catastrophe modeling company Eqecat, said a report.

The projected losses for residential property are estimated at about $900 million, while “$1 billion is attributed to losses projected for commercial and government property, including roads and bridges, Eqecat senior vice president Tom Larsen told Reuters.”

The disaster zone encompasses 17 Colorado counties, as the historic deluge, called a 500-to-1,000-year flood, destroyed or damaged ten of thousands of properties.

The full extent of property losses and damage in Boulder County has not yet been revealed.

Eqecat’s initial estimate of $20 billion in total economic losses from Superstorm Sandy in 2012 was later revised up to $50 billion (!)

FIRE-EARTH models show the total cost of Colorado disaster could reach $8 – $10billion.

-oOo-

Other Global Disasters/ Significant Events

-oOo-

Continued …

Posted in Climate Change, environment, Global Disaster watch, global disasters, global disasters 2013 | Tagged: , , , , , , , , , , | 2 Comments »