Loss of insurance companies in the world of natural disasters have risen sharply

Payments to insurance companies as a result of natural disasters in the first half
2010 totaled a record $ 22 billion and more than twice the average
value for this period in the last 10 years. For comparison, in the first
half of 2009, losses amounted to exactly half that - 11 billion dollars.
These data provided the world's leading reinsurers - the German company
Munich Re. The total damage caused by natural disasters worldwide
economy in the first half of 2010 is estimated at $ 70 billion. C
January to end June 2010 there were 440 events of natural
nature of the 55 geophysical events (including a volcanic eruption in Iceland
which resulted in the cancellation of thousands of flights) and 385-related disasters
with the weather. Professor Peter Happy, in charge of Munich Re analysis of geophysical
risks, said that since the beginning of 2010, the world has already three natural
disaster, which can be considered grandiose. The most deadly was
Haiti earthquake, which killed 223 thousand people
and 1, 2 million people homeless. However, despite huge losses
for the country as a whole, the payment of insurance companies in connection with the disaster in Haiti
amounted to only $ 150 million because of low insurance coverage.
The biggest size of damage for insurance companies in the world was an earthquake
in Chile, which cost them $ 8 billion (due to the high level of penetration
insurance in the commercial and industrial sectors). The total economic
damage to Chile is estimated at $ 30 billion, or 3, 53% of GDP.
The death toll in Chile amounted to 521 people, which is much smaller than
Haiti, despite the fact that the earthquake was very bigger. According to
Mr. Happy, it proves how important it is to offer people as a protection
used in the construction of modern, sustainable design for earthquakes.
The third largest natural disaster was the earthquake in half
China that claimed 2700 lives. In Europe, the most costly natural disaster
was the winter storm "Ksintiya", which hit France, Spain,
Portugal and Germany. Overall economic losses from hurricane "Ksintiya" were
$ 4, 5 billion, of which insurance companies have covered 3, $ 4 billion. At
This insurance company was able to avoid major losses from one of the most
major disasters - oil leak after oil rig explosion BP Deepwater
Horizon in the Gulf of Mexico. The well of the oil company BP has been insured
only $ 1 billion The costs of responding to BP accident
have already exceeded $ 3 billion. Experts note that the figures first
six months have been extremely unusual, since most of the losses insurers
are in the second half, when hurricane season starts in the U.S.. Topics
But even the giant losses should not lead to an increase in premiums for insurance.
Analysts said the second half of the price of insurance down,
income of insurance companies are falling. However, in the first half of 2010, insurance
the company produced less than payments in connection with natural disasters in
United States, than usually falls during this period. According to the company's Property and
Casualty Insurers Association of America, the sum of payments of insurance companies
in response to natural disasters in the U.S. in the first half of 2010 amounted to
2, $ 6 billion, a decrease compared to the same period last
by 18%. Particularly striking, this figure differs from that insurers
had to spend to recover damages for their clients outside the U.S.
this year: a $ 7 billion in estimated damage from the earthquake insurance industry
in Chile in February. According to the National Interagency Fire Center, the frequency of forest
fires in the U.S. this year is the lowest since 2003 at the same time
the first six months of this year in the United States was recorded 904 tornadoes in
while the average in 2007-2009. the first half of the country hit by
983 tornado. The death toll from tornadoes this year is 29 people
which is also below the national average of 69 deaths in the first half of 2007-2009
gg. According to the U.S. National Center for hurricanes, storm first category
originated near the territory of the country in June for the first time since 1995, although the season of storms
in the Atlantic typically lasts from July 1 to November 30. The season of tropical
Storm does not give serious cause for concern. British consulting
Maplecroft company has compiled a list of countries that are most susceptible to
economic losses from natural disasters. Basis for the calculation of the index
Economic losses from natural disasters (NDELI) was to assess the economic
earthquakes, volcanic eruptions, tsunamis, hurricanes, floods,
droughts, landslides, extreme temperatures and disease between 1980 and 2010.
The index measures the risk of economic losses from damage, reflecting both the direct
impact of disasters on the economy, infrastructure and personal property
and indirect economic impact to the public. Headed by rating
exposure to natural disasters, seven countries marked as "extreme
risk ": Haiti, Mozambique, El Salvador, Fiji, Zimbabwe, El Salvador and Nicaragua.
Swiss Reinsurance Company Swiss Reinsurance Co. predicts
that the cost of natural disasters around the world in 2010 could reach 110
billion.

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