By the numbers.
2002 recorded about 700 catastrophes, compared with the 1990s' average of 650, according to Munich Re. The insured losses for the natural catastrophes totaled around $12 billion. In contrast, man-made catastrophes, mostly due to fires, aviation and space disasters, cost insurers $2 billion, Swiss Re reported.
Insured Losses of the 10 Largest Natural Catastrophes in 2002 Date Country/Region Aug. 4-20 Europe Oct. 26-28 Western, Central Europe April 27-May 5 USA, 17 states Sept. 23-Oct. 3 Caribbean, USA Nov. 10-11 USA, esp. Tennessee, Ohio and Alabama Sept. 8-9 France Jan. 30-Feb. 1 USA, East, Midwest Feb. 26-27 Germany, Britain Sept. 18-25 Central America, Caribbean, USA March 3-11 USA, esp. Iowa, Illinois, Michigan Insured Losses Date Event $Millions Aug. 4-20 Floods $3,000 Oct. 26-28 Winter Storm Jeanett 1,500 April 26-May 5 Tornadoes, Severe Storms 1,500 Sept. 23-Oct. 3 Hurricane Lili 750 Nov. 10-11 Tornadoes 460 Sept. 8-9 Floods 450 Jan. 30-Feb. 1 Winter Storm 300 Feb. 26-27 Winter Storm Anna 300 Sept. 18-25 Hurricant Isidore 250 March 3-11 Severe Storm 210 Source: Munich Re
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|Title Annotation:||statistics on insured losses due to world's 10 largest natural catastrophes, 2002|
|Article Type:||Brief Article|
|Date:||Feb 1, 2003|
|Previous Article:||Kemper Insurance Cos. (People in Insurance).|