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1H 2014 Global Catastrophe Recap

The data show that economic losses from global natural disasters during the six-month period ending June 30, 2014 totaled USD54bn (2013: USD95bn) – around 49% lower than the 10-year (2004-2013) average of USD106bn. Insured losses for the period reached USD22bn (2013: USD27bn) – approximately 19% below the 10-year average of USD27bn – with around 55% of insured losses occurring in the United States, 23% in Europe, and 19% in Asia.

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