Global Catastrophe Damages 2009

Catastrophes claim fewer victims, insured losses fall

According to Swiss Re’s latest sigma study, natural catastrophes and man-made disasters claimed approximately 15,000 lives and cost insurers 26 billion U.S. dollars in 2009. The overall cost to society was 62 billion U.S. dollars. Insured losses were below average due to a calm U.S. hurricane season.

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