The world economy has lost $ 160 billion due to natural disasters in 2012

The economic costs of natural disasters in the world was in 2012, $ 160 billion, of which 65 billion are to be reimbursed by insurance companies, said on Thursday the German reinsurance company Muenchener Rueckversicherung AG (Munich Re).

The death toll from natural disasters amounted to 9500 people, which is significantly less than in 2011, when the victims were almost 30 thousand people. The greatest economic damage caused Hurricane "Sandy" in the U.S.: $ 25 billion, accounting for two-fifths of the world's loss, or 90% of insured cases. Second place on damages is a long summer drought in the U.S., which cost the economy $ 20 billion (to be offset by about 15-17 billion). This record losses in the agricultural sector of the United States in the history of the country, the report said.

© AFP / Mehdi Taamallah
Effects of Hurricane "Sandy" in New York

Global losses from natural disasters in the past year were significantly lower than in the previous year. In 2011, losses amounted to $ 400 billion, of which the insurance companies had to reimburse 119 billion. Number of accidents, on the contrary, increased: 900 cases against 820 in 2011. The greatest number of lives — more than a thousand people — took typhoon "Bofa" in the Philippines.

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

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