Environment / Report: Climate change behind rise in weather disasters claims world’s largest insurer


(USATODAY) Munich Re, the world’s largest reinsurance firm, sees climate change driving the increase and predicts those influences will continue in years ahead. Per a new report supported by Munich Re, the number of natural disasters per year has been rising dramatically on all continents since 1980, but the trend is steepest for North America where countries have been battered by hurricanes, tornadoes, floods, searing heat and drought.

Read USATODAY article

Munich re reports on its website about the impact of climatic change: economic losses amounting to some US$380 billion have made 2011 the most expensive natural disaster year to date.Munich Re lays out its overview in a 62 page report available as a PDF document.

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3 Comments

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3 responses to “Environment / Report: Climate change behind rise in weather disasters claims world’s largest insurer

  1. George S. Harris

    Maybe someone should send a copy of this to Ken Cuccinelli but I suspect he will continue to deny there is any such thing as global warming.

  2. Or, is it that the urban build up makes storms that do hit more damaging. Meteorologists state that the number of hurricanes has dropped. They state that the number of tornadoes SEEMS to have increased, BUT, they state that is because of improved reporting and tracking.
    What other natural disasters are they talking about?

    • Urban buildup does contribute to the damage. In some cases it contributes a lot. However, the intensity and number of high powered storms has increased significantly in recent years.

      Not wearing your seat belt also contributes to damage in an accident, but it takes for an accident to happen first. The same seems to be the situation with rising insurance rates — and complete loss of insurance coverage in some cases.

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