Preliminary sigma estimates for first half of 2017: catastrophes cause global total economic losses of USD 44 billion
(WorldNews Switzerland)

17 August 2017, Zurich Total economic losses from disasters were USD 44 billion in H1 2017, significantly down from USD 117 billion in H1 2016, as a result of fewer and less intense events Insured losses from disasters were USD 23 billion in H1 2017, down from USD 36 billion in H1 2016 Thunderstorms in the US led to the largest losses Disaster events claimed around 4 400 victims in H1 2017 According to preliminary sigma estimates, global total economic losses from natural catastrophes and man-made disasters in the first half of 2017 were USD 44 billion. That was well below the first half annual average of USD 120 billion of the last 10 years in economic losses and significantly lower than...