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Review of natural catastrophes in 2014
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Review of natural catastrophes in 2014

Relatively low losses from weather extremes and earthquakes, globally and in U.S.

PRINCETON, N.J.--()--The absence of very severe catastrophes and a quiet hurricane season in the North Atlantic meant that losses from natural catastrophes in 2014 were much lower. In North America, overall losses of US$ 30bn and insured losses of US$ 18bn were well below the average values for the last ten years (US$ 77bn and US$ 38bn). At US$ 7bn, the most expensive event globally in terms of overall loss was Cyclone Hudhud in India.

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Source: Business Wire

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