Saturday, January 31st-5.0°C
24624
24105

Insurer says disaster killed more people last year, but costs were lower

BERLIN - The German insurance company Munich Re says some 20,000 people died in natural disasters last year, about twice as many as in 2012.

Most of the deaths resulted from Typhoon Haiyan that hit the Philippines, Vietnam and China in November with a loss of almost 6,100 lives. This was followed by floods in India that killed about 5,500 people in June.

Munich Re's annual disasters report released Tuesday found that the economic cost of natural catastrophes was lower last year.

Some 880 events cost about $125 billion, with insured losses of $31 billion. This compares with costs of $173 billion and insured losses of $65 billion in 2012.

The costliest natural disasters were summer hailstorms in Germany, floods in Central Europe, and storms and tornadoes in the United States.

The Canadian Press


Read more Business News

24667


Recent Trending




Today's Market
S&P TSX14673.48+37.521
S&P CDNX676.81+9.70
DJIA17164.95-251.90
Nasdaq4635.24-48.167
S&P 5001994.99-26.26
CDN Dollar0.7856-0.0067
Gold1286.60-5.10
Oil49.60+3.16
Lumber322.50+0.70
Natural Gas2.87-0.111

 
Okanagan Companies
Pacific Safety0.120.00
Knighthawk0.010.00
QHR Technologies Inc1.400.00
Cantex0.035-0.005
Anavex Life Sciences0.174-0.006
Metalex Ventures0.040.00
Russel Metals23.42-0.16
Copper Mountain Mining0.99+0.01
Colorado Resources0.150.00
ReliaBrand Inc0.01+0.0031
Sunrise Resources Ltd0.050.00
Mission Ready Services0.2350.00

 



24667

FEATURED Property
2178352402 - 1495 Graham Street
2 bedrooms 2 baths
$313,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Leaving a job: changing careers

Many people, who find themselves out of work and with time on their hands, and money in their pockets due to lay-off, start thinking about a career change. If you weren’t happy with the directio...


Service fit makes happy employees

Finding the right employees for the front lines of your company is key to developing a great service attitude within your company. It is just as important as hiring the right accountant, manager, sale...


How to price: workbook approach

In 2008 Self Counsel Press published my book - Pricing Strategies for Small Business. The book is now available in Europe, India, Russia and the United States. The purpose of the book was to make avai...

_



24709




Member of BC Press Council


24975