Earth Science News  





. Natural catastrophes will grow with climate change: re-insurer

The Japan earthquake that damaged a nuclear power station among other infrastructure was the most expensive natural disaster in 2007.
by Staff Writers
Frankfurt (AFP) Dec 27, 2007
Natural catastrophes in 2007 were more frequent and costlier than a year earlier and climate change will make them more expensive still, the world's second-biggest re-insurer, Munich Re, said Thursday.

There were 950 natural catastrophes in 2007 compared with 850 in 2006, the highest number since the group started compiling its closely watched annual report in 1974.

The total cost of disasters in 2007 was 75 billion dollars (51.5 billion euros), while the bill for 2006 was 50 billion dollars.

The 2007 figure was however far below the record figure of 220 billion dollars in 2005 when Hurricane Katrina and a earthquake in Pakistan caused devastation.

The most damaging event of 2007 was an earthquake in Japan in July which caused 12.5 billion dollars of damage, while insurers took the biggest hit from the Kyrill storm which ripped through Europe in January, costing 5.8 billion dollars.

Catastrophes in developing and emerging countries caused most of the 20,000 deaths in 2007, with 3,300 people losing their lives in Cyclone Sidr alone, which struck Bangladesh in November.

Floods in Britain were the second costliest event to insurers and Munich Re said the high incidence of floods and storms in 2007 was a sign of things to come if global warming continued unchecked.

"These events cannot, of course, be attributed solely to climate change, but they are in line with the pattern that we can expect in the long term: severe storms, more heavy rainfall and a greater tendency towards flooding," said Peter Hoeppe, head of the company's Re's Geo Risks Research Department.

Community
Email This Article
Comment On This Article

Related Links
Bringing Order To A World Of Disasters
A world of storm and tempest
When the Earth Quakes




Tempur-Pedic Mattress Comparison

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
Indonesian court clears energy company over mud volcano
Jakarta (AFP) Dec 27, 2007
An Indonesian court on Thursday rejected a lawsuit brought by environmentalists against an energy company alleged to have caused a mud volcano that has displaced thousands in East Java province.

.
Get Our Free Newsletters Via Email
  



  • New Indonesia landslide as search for victims continues
  • Natural catastrophes will grow with climate change: re-insurer
  • Search intensifies for Indonesian landslide victims
  • Indonesian court clears energy company over mud volcano

  • El Nino Affected By Global Warming
  • Elevated Carbon Dioxide Changes Soil Microbe Mix Below Plants
  • Adapt to climate change, World Bank chief tells developing nations
  • Drought hits over a million people in southern China: report

  • Outside View: Arctic satellite balance
  • Lockheed Martin Awarded Contract For GOES-R Geostationary Lightning Mapper
  • ASU Researchers Use NASA Satellites To Improve Pollution Modeling
  • Study Shows Urban Sprawl Continues To Gobble Up Land

  • Analysis: Eye on Uzbek energy
  • China says wants quick fix to East China Sea dispute with Japan
  • Analysis: Iraq oil up end-'07, sketchy '08
  • Clean coal plants mired by cost and delays

  • China reports good progress in human bird flu vaccine
  • Sea cucumber protein used to fight malaria
  • Botulism bacteria found in green beans
  • Jordan on alert for bird flu

  • Niger scrub becomes last sanctuary for giraffe herds
  • Evolutionary Study Shows Beetles Are Life's 6-Legged Survivors
  • African giraffes highly endangered: study
  • Study: Giraffes are more than one species

  • Vietnam villagers ransack titanium mine site: reports
  • Anglican chief warns greed could wreck the Earth
  • Old TVs bad landfill reception
  • Kashmir lake tourist jewel has become 'cesspool': report

  • US braces for baby boom retirement wave
  • Evolution Tied To Earth Movement
  • Monkeys Can Perform Mental Addition
  • Maternal Grandparents More Involved In The Lives Of Their Grandchildren

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement