“nsure‚ losses: Ž‘’ billion “nsure‚ losses ere belo averae aain he insurance in‚ustry covere‚ almost Ž‘’ billion – less than half – of the total last year … losses from natural an‚ man‰ma‚e ‚isasters in 2015… an‚ ell belo the inflation‰ a‚ uste‚ previous 10‰year annual averae of Ž‘’ 62 billionˆ Natural catastrophes resulte‚ in claims of Ž‘’ 2‡ billion… the loest since 200† an‚ aain much loer than the previous 10‰year inflation‰a‚ uste‚ annual averae šŽ‘’ 55 billion›ˆ ƒare man‰ma‚e ‚isasters le‚ to claims of Ž‘’ † billion… up from Ž‘’ billion in 201„ˆ … an‚ eŒuivalent to 0ˆ05§ of –’•ˆ he 2015 natural catastrophe insure‚ losses amounte‚ to 0ˆ0„§ of –’•… an‚ 1ˆ‡§ of ‚irect premiums ritten š’•¨› on property lobally… belo the respective 10‰year annual averaes of 0ˆ0‡§ an‚ ˆ§ˆ ™verall insure‚ losses from natural catastrophes an‚ man‰ma‚e ‚isasters ere 0ˆ05§ of –’• an‚ 2ˆ„§ of ’•¨ˆ Figure ‚ 140 “nsure‚ catastrophe losses… 6 9 1†0–2015… Ž‘’ billion at 2015 prices 120 100 1 1††2: žurricane An‚re 2 1††„: Northri‚e earthŒua€e 80 10 1†††: ¨inter ‘torm ƒothar „ 2001: †/11 attac€s 60 5 5 200„: žurricanes “van… Charley… ˜rances 1 4 8 6 2005: žurricanes Ÿatrina… ita… ¨ilma 40 2 200‡: žurricanes “€e… –ustav 20 ‡ 2010: Chile… Ne «ealan‚ earthŒua€es † 2011: ¤apan… Ne «ealan‚ 0 earthŒua€es… hailan‚ floo‚ 10 2012: žurricane ‘an‚y 190 195 1980 1985 1990 1995 2000 2005 2010 2015 Earthquake/tsunami Weather-related catastrophes Man-made disasters ‘ource: ‘iss e Economic esearch ¦ Consultin an‚ Cat •erilsˆ he larest sinle insure‚‰loss event as he larest insurance loss event lobally… of both natural an‚ man‰ma‚e ‚isasters… the ian in port explosions in Chinaˆ as the to explosions at the •ort of ian in in China… hich triere‚ property claims of Ž‘’ 2ˆ5 to Ž‘’ ˆ5 billionˆ he next larest event as a ˜ebruary inter storm in the Ž‘ resultin in insure‚ losses of Ž‘’ 2 billionˆ “n 2015… seven ‚isasters triere‚ insure‚ claims of Ž‘’ 1 billion or more šsee able 6›… compare‚ ith 10 in 201„ˆ he lobal insurance protection ap as ˜iure „ shos the ‚ifference beteen insure‚ an‚ total losses over time… terme‚ Ž‘’ 55 billion in 2015ˆ the insurance protection or fun‚in apˆ “t is the amount of financial loss enerate‚ by catastrophes not covere‚ by insuranceˆ “n 2015… the lobal protection ap as Man-made disasters Ž‘’ 55 billionˆ he rate of roth of total losses has outpace‚ the roth of insure‚ losses over the last 5 yearsˆ “n terms of 10‰year rollin averaes… insure‚ losses Weather-related catastrophes re at 10§ beteen 1†† an‚ 2015… an‚ total losses by 10ˆ„§ˆ As a percentae of –’•… uninsure‚ losses rose from 0ˆ0‡§ in 1†6–1†‡5 to 0ˆ1§ in 2006–2015ˆ Earthquake/tsunami Swiss Re sigma No 1/2016 5
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