Haiyan Could Prove The Most Devastating Typhoon in History

Typhoon Haiyan has left a trail of devastation across the Philippines, killing an estimated 10,000 people and displacing hundreds of thousands more. Towns including Guiuan and Tacloban have been largely destroyed while rescue efforts have been hampered by severe infrastructural damage.

Even though it is too early to gauge the damage caused by Haiyan, it does appear immense. It spanned more than 500 miles at its peak with winds speeds of 195 miles per hour. It could end up being one of the costliest typhoons ever seen, both in terms of lives lost and devastation caused.

Mireille remains the costliest typhoon in living memory, causing $10 billion of damage when it struck Japan in 1991. Songda comes second after inflicting catastrophic damage and loss of life on Japan and the Mariana islands in August 2004.

Description

This chart shows the costliest typhoons for the insurance industry 1980-2012 (in billion U.S. dollars).

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Most devastating typhoons in the Philippines from 2011 to 2022, by value of damages (in billion Philippine pesos)
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Most costly natural disasters for the insurance industry worldwide in 2015 (in billions of U.S. dollars)
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Most expensive typhoons in the Pacific Basin from 1980 to 2022 (in billion U.S. dollars)
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Most expensive hurricanes to the insurance industry worldwide from 2011 to 2018 (in billion U.S. dollars)
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Total value of damages during natural disasters in the Philippines from 2012 to 2024 (in billion Philippine pesos)
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Cost of damage caused by typhoons in South Korea from 2010 to 2023 (in billion South Korean won)

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