Natural disasters: insured losses between 2010 and 2019
Natural disasters: 845 billion USD in insured losses between 2010 and 2019
According to a report published by the broker Aon, the economic losses from natural disasters reached a record level during the 2010-2019 decade.
They amounted to 2980 billion USD including 845 billion USD in insured losses. The United States, Asia Pacific and Europe - Middle East - Africa (EMEA) reported insured losses of 453 billion USD (53.6%), 197 billion USD (23.3%) and 110 billion USD (13%) respectively.
The year 2017 was the most expensive year of the decade, with 157 billion USD worth of insured losses compared to 71 billion USD in 2019. The 2011 Tohoku tsunami in Japan amounting to 40 billion USD , followed by Hurricane Irma (33 billion USD, 2017), and Hurricane Sandy (33 billion USD, 2012) in the United States are the top 3 most costly natural disasters of the 2010-2019 decade.
Read also | Natural disasters in 2018: economic and insured losses