NatCatSERVICE Loss events worldwide 1980 – 2014
January 2015
NatCatSERVICE
Loss events worldwide 2014 Geographical overview Floods United Kingdom, Dec 2013–Feb 2014
Winter damage USA, Canada, 5–8 Jan
Floods Bosnia and Herzegovina, Serbia, Croatia, Romania, 13–30 May
Typhoon Rammasun China, Philippines, Vietnam, 11–22 Jul
Severe storms USA, 18–23 May
Severe storms France, Belgium, Germany, 7–10 Jun
Drought USA, 2014
Winter damage Japan, 7–16 Feb Typhoon Kalmaegi China, Philippines, Vietnam, 12–20 Sep
Flash floods USA,11–13 Aug Hurricane Odile Mexico, 11–17 Sep Severe storms USA, 2–4 Apr
980 Loss events
Severe storms USA, 27 Apr–1 May
Cyclone Hudhud India, 11–13 Oct
Drought Brazil, 2014
Floods India, Pakistan, 3–15 Sep
Severe storms USA, 3–5 Jun
Earthquake China, 3 Aug
Source: Munich Re, NatCatSERVICE, 2015
Loss events
Geophysical events
Hydrological events
(Earthquake, tsunami, volcanic activity)
(Flood, mass movement)
Selection of catastrophes
Meteorological events
Climatological events
Overall losses ≥ US$ 1,500m
(Tropical storm, extratropical storm, convective storm, local storm)
(Extreme temperature, drought, wildfire)
© 2015 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2015
NatCatSERVICE
Loss events worldwide 1980 – 2014 Number of events Number
1 000
800
600
400
200
1980
1982
1984
Geophysical events (Earthquake, tsunami, volcanic activity)
1986
1988
1990
1992
1994
1996
Meteorological events (Tropical storm, extratropical storm, convective storm, local storm)
1998
2000
2002
2004
Hydrological events (Flood, mass movement)
© 2015 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2015
2006
2008
2010
2012
Climatological events (Extreme temperature, drought, forest fire)
2014
NatCatSERVICE
Loss events worldwide 1980 – 2014 Number of events Number
1 000
800
600
400
200
1980
1982
1984
1986
1988
1990
1992
1994
1996
Meteorological events (Tropical storm, extratropical storm, convective storm, local storm)
1998
2000
2002
2004
Hydrological events (Flood, mass movement)
© 2015 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2015
2006
2008
2010
2012
Climatological events (Extreme temperature, drought, forest fire)
2014
NatCatSERVICE
Loss events worldwide 1980 – 2014 Overall and insured losses US$ bn
400
300
200
100
1980
1982
1984
1986
1988
Overall losses (in 2014 values)*
1990
1992
1994
1996
1998
2000
2002
2004
2006
Insured losses (in 2014 values)*
© 2015 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2015
2008
2010
2012
2014
*Losses adjusted to inflation based on country CPI
NatCatSERVICE
Weather-related loss events worldwide 1980 – 2014 Overall and insured losses 300 US$ bn
250
200
150
100
50
1980
1982
1984
1986
1988
Overall losses (in 2014 values)*
1990
1992
1994
1996
1998
2000
2002
2004
2006
Insured losses (in 2014 values)*
© 2015 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2015
2008
2010
2012
2014
*Losses adjusted to inflation based on country CPI
NatCatSERVICE
Loss events worldwide 1980 – 2014 Percentage distribution
21,700 Loss events
1,740,000 Fatalities*
12%
51%
41%
25%
36%
13%
11%
10% *Number of fatalities without famine
Overall losses** US$ 4,200bn
Insured losses** US$ 1,100bn
22%
11%
40%
71%
25%
10%
13% **Losses in 2014 values, adjusted to inflation based on country CPI
Geophysical events (Earthquake, tsunami, volcanic activity)
8% **Losses in 2014 values, adjusted to inflation based on country CPI
Meteorological events (Tropical storm, extratropical storm, convective storm, local storm)
Hydrological events (Flood, mass movement)
© 2015 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2015
Climatological events (Extreme temperature, drought, forest fire)
NatCatSERVICE
Weather-related loss events worldwide 1980 – 2014 Percentage distribution
19,200 Loss events
850,000 Fatalities*
46%
51%
41%
27%
13%
21% *Number of fatalities without famine
Overall losses** US$ 3,300bn
Insured losses** US$ 940bn
51%
79%
32%
12%
17%
9%
**Losses in 2014 values, adjusted to inflation based on country CPI
**Losses in 2014 values, adjusted to inflation based on country CPI
Meteorological events (Tropical storm, extratropical storm, convective storm, local storm)
Hydrological events (Flood, mass movement)
© 2015 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2015
Climatological events (Extreme temperature, drought, forest fire)
NatCatSERVICE
Loss events worldwide 1980 – 2014 Percentage distribution – ordered by continents
21,700 Loss events
1,740,000 Fatalities* 24%
17%
6%
3%
20%
9%
9%
2%
33%
69%
8%
Overall losses** US$ 4,200bn
**Losses in 2014 values, adjusted to inflation based on country CPI
North America, incl. Central America and Caribbean
