Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Insured losses caused by man-made catastrophes worldwide 1990-2017

Insured losses caused by man-made catastrophes worldwide from 1990 to 2017 (in billion U.S. dollars)

Insured losses caused by man-made catastrophes worldwide 1990-2017 The statistic presents global insured losses caused by man-made catastrophes from 1990 to 2017. The insurance losses from man-made disasters worldwide amounted to approximately 6.25 billion U.S. dollars in 2017.
Man-made catastrophes – additional information

By definition, a man-made disaster or catastrophe is an event which is instigated by humans, either intentionally or unintentionally. Man-made disasters include major fires, explosions, aviation, rail and maritime disasters, mining accidents, collapse of building or bridges, as well as social unrest or terrorism.

For 2017, a ranking was compiled of the global insured losses caused by man-made disasters, by category. It was revealed that major fires and explosions cost the global insurance industry 5.44 billion U.S. dollars in that year.

2014 marked a distressing year for aviation. On March 8, Malaysia Airlines flight MH370 disappeared en route to Beijing. Four months later, the same airline lost another plane, flight MH17 which crashed in eastern Ukraine. And in December of 2013, AirAsia flight QZ8501 crashed into the sea en route to Singapore. In 2014, global insured losses caused by aviation disasters amounted to 916 million U.S. dollars, up from 814 million U.S. dollars lost in 2013.

In a ranking of the most costly insurance losses worldwide from 1970 to 2017, only one man-made disaster is included in the top 20. The terrorist attack on the World Trade Center in New York on September 2001, which resulted in the deaths of 2,996 people, caused insured losses of almost 26 billion U.S. dollars. This total ranked the disaster as the eighth most costly in the stated time period. In comparison, the insured losses caused by Hurricane Katrina, which killed 1,833 people when it hit Louisiana, New Orleans, Florida and Cuba in August 2005, amounted to 82.39 billion U.S. dollars.
Show more

Insured losses caused by man-made catastrophes worldwide from 1990 to 2017 (in billion U.S. dollars)

Losses in billion U.S. dollars
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Losses in billion U.S. dollars
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

Download Settings Share
Chart type
Datalabels
Share on Social Media
Download started
Please be patient - this may take a moment

Description

Source

More information

The statistic presents global insured losses caused by man-made catastrophes from 1990 to 2017. The insurance losses from man-made disasters worldwide amounted to approximately 6.25 billion U.S. dollars in 2017.
Man-made catastrophes – additional information

By definition, a man-made disaster or catastrophe is an event which is instigated by humans, either intentionally or unintentionally. Man-made disasters include major fires, explosions, aviation, rail and maritime disasters, mining accidents, collapse of building or bridges, as well as social unrest or terrorism.

For 2017, a ranking was compiled of the global insured losses caused by man-made disasters, by category. It was revealed that major fires and explosions cost the global insurance industry 5.44 billion U.S. dollars in that year.

2014 marked a distressing year for aviation. On March 8, Malaysia Airlines flight MH370 disappeared en route to Beijing. Four months later, the same airline lost another plane, flight MH17 which crashed in eastern Ukraine. And in December of 2013, AirAsia flight QZ8501 crashed into the sea en route to Singapore. In 2014, global insured losses caused by aviation disasters amounted to 916 million U.S. dollars, up from 814 million U.S. dollars lost in 2013.

In a ranking of the most costly insurance losses worldwide from 1970 to 2017, only one man-made disaster is included in the top 20. The terrorist attack on the World Trade Center in New York on September 2001, which resulted in the deaths of 2,996 people, caused insured losses of almost 26 billion U.S. dollars. This total ranked the disaster as the eighth most costly in the stated time period. In comparison, the insured losses caused by Hurricane Katrina, which killed 1,833 people when it hit Louisiana, New Orleans, Florida and Cuba in August 2005, amounted to 82.39 billion U.S. dollars.
Show more
Release date
March 2018
Region
Worldwide
Survey time period
1990, 1995, 2000 to 2017
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Catastrophe losses of the insurance industry
Catastrophe losses of the insurance industry

All Information
in one Presentation

Catastrophe losses of the insurance industry

Everything On "Catastrophe losses of the insurance industry" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.
Marlene Greenfield

Marlene Greenfield
Vice President, Hearst Magazines

Statistics on "Catastrophe losses of the insurance industry"
  • Overview
  • Natural disasters
  • Man-made disasters
The most important statistics
  • U.S. natural diasters
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.