Global losses from natural catastrophes reached a record in 2011

MOSCOW, July 12 — RIA Novosti. The world economy in 2011 suffered the greatest in the history of losses due to natural disasters, according to a report released Tuesday German reinsurance company Muenchener Rueckversicherung AG (Munich Re).

According to the company, only the first half of this year, the economic losses from the disaster reached the level of 265 billion dollars, while the maximum rate in history, recorded in 2005, is 220 billion dollars. The total number of natural disasters over the six months of 2011 was slightly lower than the usual 355 against an average of 390 accidents per semester.

The reason for such high losses was, first of all, the earthquake that occurred in Japan on March 11. As a result of rampant disaster and the ensuing serious accident at the nuclear power plant "Fukushima-1" economic losses of around 210 billion dollars. Thus, the earthquake in Japan surpassed by the "price" for the world economy collapsed in 2005 in the south-east coast of the U.S. Hurricane Katrina, which caused damage of 125 billion dollars.

The report of Munich Re added other more "expensive" for the economy of disasters. Among them — the earthquake that struck near the New Zealand city of Christchurch, the floods in Australia and tornadoes in the U.S..

Munich Re is one of the world reinsurance market. Headquartered in Munich. The company employs more than 47,000 employees.

© RIA Novosti. Ilya Pitalev

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