Last Updated : GMT 09:40:38
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Tuesday 24 June 2025
Last Updated : GMT 09:40:38
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Swiss Re

Global disaster costs in 2017 to hit $306 billion

Themuslimchronicle, themuslimchronicleGlobal disaster costs in 2017 to hit $306 billion290183/1069
Zurich - Muslimchronicle
Total economic losses from natural and man-made disasters in 2017 are estimated to be $306 billion, up from $188 billion last year, reinsurance firm Swiss Re said Wednesday. "The US was hardest hit, including by hurricanes Harvey, Irma and Maria, which have made 2017 the second costliest hurricane season" after 2005, the company said. source: AFPRead more

Global disaster bill doubled in 2016

Themuslimchronicle, themuslimchronicleGlobal disaster bill doubled in 2016256092/330
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. Read more

Disaster costs nearly double to $175bn

Themuslimchronicle, themuslimchronicleDisaster costs nearly double to $175bn256043/498
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.Read more

Swiss Re: Disasters cost $71bn in 1st half of 2016

Themuslimchronicle, themuslimchronicleSwiss Re: Disasters cost $71bn in 1st half of 2016200008/90
Geneva - Arab Today
From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the year, reinsurer Swiss Re said. That marked a 38-percent increase compared with the same period a year ago, the world’s number two reinsurer said, adding that only $3.0 billion was attributed to man-made events, while theRead more

Swiss Re: Disasters cost $92bn in 2015

Themuslimchronicle, themuslimchronicleSwiss Re: Disasters cost $92bn in 2015167878/86
Geneva - AFP
Natural and man-made disasters cost $92 billion (81.24 billion euros) in 2015, compared with $113 billion in 2014, the Swiss reinsurer Swiss Re said in report Wednesday. Global insured losses were $37 billion, far below the $62 billion annual average of the last 10 years, it said. The biggest single insured-loss of the year was the twin explosions at theRead more

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