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- Natural disasters
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More than 4,000 people died or went missing as a result of Cyclone Sidr, 2007’s biggest killer, which caused flooding in Bangladesh last November. Swiss Re, an insurance company, puts the (mostly uninsured) cost of destroyed homes, damaged crops and lost livestock at $2.3 billion. The insurer reckons the total economic cost of natural and man-made catastrophes was more than $70 billion; related claims on insurers totalled $28 billion. Kyrill, a winter storm that caused flooding in Western Europe, led to the largest insurance loss. The storm claimed 54 lives and cost insurers $6.1 billion. Floods in Britain during the summer claimed fewer lives than America’s storm season, but had a higher economic cost….
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27 March, 2008| massmedia |
@ 14:45
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