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Weather Disasters 'Exceptionally High' in 2010, Munich Re Says
2010-09-27 16:00:12.79 GMT
By Aaron Kirchfeld
Sept. 27 (Bloomberg) -- Weather-related natural
catastrophes are at an "exceptionally high" level this year,
causing more than $65 billion of losses, Munich Re said.
There have been 725 weather-related catastrophes, the
second-highest figure recorded for the first nine months of the
year since 1980, the Munich-based company said in an e-mailed
statement today. About 21,000 people died in the disasters and
insured losses totaled $18 billion, Munich Re said.
For Related News and Information:
Top insurance news: TINS <GO>
Allianz's earnings: ALV GY <Equity> TCNI ERN <GO>
Top environment page: GREEN <GO>
Most-read climate-change stories: MNI CLIMATE <GO>
--Editors: James Amott, Dylan Griffiths
To contact the reporter on this story:
Aaron Kirchfeld in Frankfurt at +49-69-92041-145 or
akirchfeld@bloomberg.net
To contact the editors responsible for this story:
Frank Connelly at +33-1-5365-5063 or fconnelly@bloomberg.net
Edward Evans at +44-207-073-3190 or eevans3@bloomberg.net
