global disaster costs soar in 2017 swiss re
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Global disaster costs soar in 2017: Swiss Re

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Global disaster costs soar in 2017: Swiss Re

Hurricanes such as Harvey in Texas made the United States the country hardest hit by costly disasters in 2017
Zurich- Al Maghrib Today

 Total economic losses from natural and man-made disasters have soared by 63 percent to strike an estimated $306 billion in 2017, 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.

Despite the rising financial cost of disasters in 2017, the cost in terms of lives held steady.

"Globally, more than 11,000 people have died or gone missing in disaster events in 2017, similar to 2016," Swiss Re said.

Its preliminary estimates for the amount of insured losses from natural and man-made disasters around the world is approximately $136 billion.

This is "well-above the annual average of the previous 10 years, and the third highest since... records began in 1970," Swiss Re.

The reinsurance firm -- which provides insurance to insurance firms -- said that insured losses from disasters have exceeded $100 billion in several years.

"The insurance industry has demonstrated that it can cope very well with such high losses," said Martin Bertogg, head of catastrophe perils at Swiss Re.

"However, significant protection gaps remain and if the industry is able to extend its reach, many more people and businesses can become better equipped to withstand the fallout from disaster events," he added.

Source: AFP

almaghribtoday
almaghribtoday

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 costs soar in 2017 swiss re global disaster costs soar in 2017 swiss re

 



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 costs soar in 2017 swiss re global disaster costs soar in 2017 swiss re

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 03:58 2016 Saturday ,30 July

9 killed as building collapses in western India

GMT 09:35 2017 Thursday ,27 April

UAE delegation meet Pope Francis

GMT 12:34 2017 Sunday ,05 February

Footballer hoped to participate in Super match

GMT 10:48 2017 Thursday ,22 June

Combustible cladding found in UK tower blocks

GMT 03:48 2012 Sunday ,15 April

100 years of Santos magic

GMT 00:26 2012 Friday ,13 January

The Road to Tahrir Square

GMT 09:12 2017 Tuesday ,12 December

Ronaldo v Neymar as Real draw PSG

GMT 12:11 2012 Friday ,01 June

We test diet deliveries in Dubai

GMT 14:38 2017 Saturday ,18 November

Year-end top ranking not realistic

GMT 10:10 2015 Thursday ,24 December

Celebrity chefs create gourmet delights

GMT 10:17 2017 Sunday ,13 August

BAB introduces BIBF to its members

GMT 12:01 2013 Saturday ,16 February

Flu outbreaks updated daily

GMT 10:50 2012 Thursday ,14 June

Tamer Hosni to marry a Moroccan girl

GMT 13:17 2012 Wednesday ,04 January

Israel has hindered judicial performance

GMT 00:25 2012 Saturday ,28 January

In the Orchard, the Swallows

GMT 14:02 2013 Friday ,18 January

Sniper kills French journalist in Syria\'s Aleppo

GMT 12:50 2015 Sunday ,27 September

Springbok skipper De Villiers out of World Cup

GMT 23:00 2017 Friday ,24 February

Blast injures woman in Bahrain

GMT 06:02 2016 Saturday ,03 December

Finance minister: India cash crunch to ease by year-end
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today 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 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday