Natural disasters killed 295 000 in 2010

2011-01-03 22:51

Frankfurt - Haiti earthquake and floods in Pakistan and China helped make 2010 an "exceptional" year for natural disasters, killing 295 000 and costing $130bn, the world's top reinsurer said on Monday.

"The high number of weather-related natural catastrophes and record temperatures both globally and in different regions of the world provide further indications of advancing climate change," said Munich Re in a report.

A total of 950 natural catastrophes were recorded last year, making 2010 the second worst year since 1980. The average number of events over the past 10 years was 785.

"2010 showed the major risks we have to cope with. There were a number of severe earthquakes. The hurricane season was also eventful," said Torsten Jeworrek, the firm's chief executive.

Human cost

The earthquake in Haiti was by far the worst disaster in terms of human cost, killing 222 570 people, Munich Re said. About 56 000 died in a combination of heatwaves and forest fires in Russia, it said.

In terms of economic cost, insured losses amounted to approximately $37bn, putting 2010 among the six most loss-intensive years for the insurance industry since 1980.

Although the Haiti earthquake resulted in human devastation on a "staggering scale", it cost the insurance industry very little.

However, an earthquake in Chile that hit over a month later was the world's most expensive natural disaster last year, with overall losses of $30bn and insured losses of $8bn.

In 2009, considered a "benign" year due to the absence of major catastrophes and a less severe than usual hurricane season in the North Atlantic, there were 900 "destructive natural hazard events", costing about $60bn.

Around 11 000 people lost their lives in natural disasters in 2009, well below the average of 77 000.

Last month, another major reinsurer, Swiss Re, reported that man-made and natural disasters generated worldwide economic losses of $222bn in 2010, more than three times the figure for the previous year.

Read more on:    pakistan  |  russia  |  haiti  |  chile  |  disasters
NEXT ON NEWS24X

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
4 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
 
Traffic
Lottery
 
  • Wednesday Newlands - 13:00 PM
    Road name: M3 Southbound
    SLOW TRAFFIC approaching the Newlands Avenue exit
  • Wednesday Bakoven - 12:59 PM
    Road name: Victoria Road Northbound
    DELAYS between Oudekraal and Bakoven
 
More traffic reports...
 

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now!

Kalahari.com - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on kalahari.com. While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as kalahari.com’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! Offer valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Nokia N9

The Nokia N9 has a beautiful one-piece, unibody design where...

From R2899.85

I'm shopping for:

Horoscopes
Aquarius
Aquarius

You may find yourself fascinated by something which could draw you in to obsessively exploring this subject in depth....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.