global disaster bill doubled in 2016
Thursday 17 July 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Swiss insurer

Global disaster bill doubled in 2016

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleGlobal disaster bill doubled in 2016

Hurricane Matthew caused the largest loss of life
Geneva - Arab Today

Devastating earthquakes, floods, hailstorms and wildfires, along with man-made devastation, helped push global disaster costs to $175 billion (161 billion euros) last year, reinsurer Swiss Re said on Thursday.
That was nearly double the 94 billion disasters cost in 2015, the world's number two reinsurer said, adding that only about 30 percent of last year's losses were covered by insurers. 

At the same time, the human cost of disasters was far lower, with some 11,000 people dying or going missing in catastrophic events in 2016, down from 26,000 a year earlier. 

The global insurance industry meanwhile covered $54 billion of the total losses last year -- up 42 percent from 2015, Swiss Re said. 

Both the economic and the insured losses hit their highest level since 2012, due to the soaring number of disasters, the Swiss company said. 

Globally, there were 327 disaster events in 2016, of which 191 were natural catastrophes and 136 were man-made, it said. 

The earthquakes on Kyushu Island in Japan in April, which killed around 50 people, inflicted the heaviest economic losses last year, raking up a bill of between $25 billion and $30 billion. 

Only about $4.9 billion of that was meanwhile covered by insurers, Swiss Re said.--AFP

Source :NNA

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

global disaster bill doubled in 2016 global disaster bill doubled in 2016

 



Themuslimchronicle, themuslimchronicle

GMT 01:18 2012 Friday ,14 September

Al-Qaeda flags in Cairo

GMT 12:17 2017 Tuesday ,11 July

Fadl Shaker could face trial in Lebanon

GMT 07:58 2018 Wednesday ,17 January

Federer and Djokovic take control

GMT 09:24 2017 Tuesday ,21 November

Family ends row over legacy of artist Arman

GMT 04:40 2011 Friday ,28 October

Mazda 787B: Four-rotor motor

GMT 10:11 2017 Monday ,24 April

OPEC news

GMT 07:47 2017 Sunday ,23 April

Actress Reham Abdel Ghaffour reveals her role

GMT 08:17 2018 Tuesday ,23 January

Chinese fans fear crackdown on hip hop

GMT 03:18 2017 Wednesday ,22 March

17 arrested over sewage station protests in Sohag

GMT 08:25 2017 Monday ,06 November

Mohamed saad considers new drama offers

GMT 07:42 2017 Saturday ,26 August

France faces worst wine harvest since 1945

GMT 19:17 2017 Monday ,18 December

Mayor of Libya’s Misrata abducted and killed

GMT 00:46 2017 Thursday ,30 March

Premier Li's Oceania visit

GMT 17:38 2017 Monday ,23 October

Wiggins, Timberwolves silence Thunder

GMT 09:01 2014 Friday ,18 April

Egypt pulls Lebanese star\'s movie

GMT 14:26 2017 Tuesday ,21 February

South Korean striker Ha Tae-Goon may leave Yanbian

GMT 12:43 2015 Thursday ,17 September

Rain to help in fight against California fires

GMT 12:13 2012 Monday ,19 March

I haven\'t got divorced!

GMT 15:56 2011 Tuesday ,09 August

Aussie scrum-half Genia wary of \'new\' Springboks

GMT 10:26 2011 Monday ,07 November

Palestine under cyber-attack

GMT 15:41 2012 Monday ,06 February

2012 Audi A4
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle