Thursday, December 02, 2010
Cost of disasters tripled in 2010 to $222B
The reinsurance company Swiss Re released preliminary figures showing economic losses in 2010 of $222 billion, nearly triple the losses of $63 billion for 2009.
An estimated 260,000 lives have been lost this year to disasters, with most of those resulting from the Haiti earthquake.
Natural rather than man-made disasters are the cause of the overwhelming majority of both economic and human losses.
The Swiss Re report includes additional tables and graphs to the one at right.
at 12:02 PM