GENEVA: Disasters caused global economic losses of about $130 billion (94.5 billion euros) this year, Swiss Re said on Wednesday, but there was little insurance coverage for the deadliest catastrophe, super typhoon Yolanda (international name: Haiyan) in the Philippines.
In a preliminary estimate of the impact of natural and man-made disasters, the Zurich-based reinsurance group noted that the economic impact was sharply down from $196 billion in 2012, a year marked by Superstorm Sandy in the United States.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.