Jul
05
First Half 2010 Marked by Many Severe Natural Catastrophes
05-07-2010
Tagged Under : First Half, Natural, Natural Catastrophes
New York/Munich, July 7, 2010 – The first half of 2010 was marked by an exceptionally large number of natural catastrophes and the scale of the losses they caused. From January until the end of June, 440 events were registered, the second highest figure for this period since 2000, and overall losses of US$ 70bn were recorded. This figure already exceeds the total for 2009 as a whole and is well above the first-half average for the past ten years. Insured losses were US$ 22bn, more than double the first-half average since 2000 and even higher than the figure for 2008, when the previous record for first-half losses was set.
Prof. Pe