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Disasters in 2015 caused US $ 92 billion in damages

Disasters in 2015 caused US $ 92 billion in damages

Disasters worldwide in 2015 caused damage valued at 92 billion US dollars, according to a study by the reinsurer Swiss Re has revised Wednesday its previous estimate of 85 billion issued in December.

The damage caused last year by disasters (natural and manmade), however, remain below those caused in 2014 ($ 113 billion).

Of the 92 billion dollars of damage, only 37 billion, or 40%, were covered by insurance, of which 28 billion relate to natural disasters.

In 2015, Swiss Re has counted 353 disasters worldwide, including 198 natural disasters, a record according to the company.

Among natural disasters, Nepal earthquake caused the most damage, estimated at $ 6 billion, and nearly 9,000 victims.

The greatest loss assured, estimated between 2.5 and 3.5 billion, was caused by the two major explosions in the Chinese port of Tianjin in August, which made 173 victims.

According to the study of Swiss Re Sigma, these explosions are third of the most costly disasters caused by man.

The most expensive disaster remains the September 11 attacks 2O11, which cost $ 25.2 billion to insurance and made 2982 victims. Then comes the explosion on the oil platform Piper Alpha (UK) in 1988 which cost $ 3 billion and made 176 deaths.

Last year, it is Asia that suffered the most disasters with economic losses of $ 38 billion.

In addition to the earthquake in Nepal, Asia was hit by the typhoon Goni in Japan and floods in southern India.

According to Swiss Re's economic leader, Kurt Karl, "the earthquake in Nepal occurred near the capital Kathmandu, causing very great damage and losses for most were uninsured."

In North America, the largest losses were recorded during the winter storm in February 2015, which caused damage in 17 states, Massachusetts being hit the hardest. Insured losses amounted to $ 2.1 billion.

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Master of Economics, University of Harvard, worked as an analyst in a few large companies and specializes in many countries. Currently owned by a large company that conducts assessment of investment attractiveness in the various countries of the world.