8 biggest insurance losses in the world
 |
Due largely to weather-related disasters, the amount of insured losses in 2012 exceeded $77 billion, making it the third costliest year since 1970, according to a report by Swiss Re, a big reinsurance company, says The Economist.
Let's take a look at eight biggest insurance losses in the world since 1970.
Source: The Economist
Click NEXT to read more...
Image: Men inspect damage to a beach club destroyed by Hurricane Sandy in Sea Bright, New Jersey, United States.
Photographs: Lucas Jackson/Reuters
8 biggest insurance losses in the world
|
|
Hurricane Katrina
Insurance losses (2012 prices): $78 billion
Year of catastrophe: 2005
Overall rank: 1
Click NEXT to read more...
Image: Part of the Tulane University campus is covered in floodwaters from Hurricane Katrina in New Orleans, United States.
Photographs: Stringer/Reuters
8 biggest insurance losses in the world
|
|
Hurricane Sandy
Insurance losses (2012 prices): $38 billion
Year of catastrophe: 2012
Overall rank: 2
Click NEXT to read more...
Image: Men survey the damage caused by Hurricane Sandy in the Ortley Beach area of Toms River, New Jersey, United States.
Photographs: Andrew Burton/Reuters
8 biggest insurance losses in the world
|
|
Tohoku Earthquake
Insurance losses (2012 prices): $37 billion
Year of catastrophe: 2011
Overall rank: 3
Click NEXT to read more...
Image: Shinkansen, or bullet train, speeds past temporary houses for survivors of the earthquake and tsunami in Sendai, Miyagi prefecture, Japan.
Photographs: Kyodo/Reuters
8 biggest insurance losses in the world
|
|
Hurricane Andrew
Insurance losses (2012 prices): $23 billion
Year of catastrophe: 1992
Overall rank: 4
Click NEXT to read more...
Image: A sailboat rests on the Rickenbacker Causeway to Key Biscayne with the Miami downtown skyline in the background, United States.
Photographs: Rick Wilking/Reuters
8 biggest insurance losses in the world
|
|
September 11 attacks
Insurance losses (2012 prices): $22 billion
Year of catastrophe: 2001
Overall rank: 5
Click NEXT to read more...
Image: Runways and roadways are devoid of activity as some 178 commercial aircraft sit idle at Los Angeles International Airport after the September 11, 2001, attacks in New York and Washington.
Photographs: Jim Ruymen/Reuters
8 biggest insurance losses in the world
|
|
Northridge Earthquake
Insurance losses (2012 prices): $21 billion
Year of catastrophe: 1994
Overall rank: 6
Click NEXT to read more...
Image: A view of the intersection of the Interstate 5 and 14 freeways, after the Northridge earthquake caused major damage to an overpass (upper left) in the United States.
Photographs: Lee Celano/Reuters
8 biggest insurance losses in the world
|
|
Hurricane Ike
Insurance losses (2012 prices): $20 billion
Year of catastrophe: 2008
Overall rank: 7
Click NEXT to read more...
Image: A home is left standing among debris from Hurricane Ike in Gilchrist, Texas, United States.
Photographs: Smiley N Pool/Pool/Reuters
this
Users
Comment
article