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Swiss Re, 270 billion in damages from natural disasters

2022-03-30T13:00:28.720Z


(HANDLE) (ANSA) - MILAN, MARCH 30 - In 2021, natural disasters caused economic damage worldwide for 270 billion dollars, with an increase of 33% compared to the previous year. The total rises to 280 billion if we also consider the disasters caused by human causes, the impact of which has in any case been reduced from 14 to 10 billion dollars. But of the total losses, only 119 billion were covered by insura


(ANSA) - MILAN, MARCH 30 - In 2021, natural disasters caused economic damage worldwide for 270 billion dollars, with an increase of 33% compared to the previous year.

The total rises to 280 billion if we also consider the disasters caused by human causes, the impact of which has in any case been reduced from 14 to 10 billion dollars.

But of the total losses, only 119 billion were covered by insurance.

According to a study by Swiss Re, one of the main reinsurance companies in the world "Losses from natural disasters continue to increase and in 2021 the total was again above the average for the decade, which is 226 billion. There is a significant protection gap all over the world and in Italy in particular "says Daniela D'Andrea, CEO of Swiss Re Italy.

"



Numerous natural disasters hit the planet this past year, and the floods have been particularly devastating in Europe, China and the United States.

According to Swiss Re, climate change can be expected to produce increasingly frequent and extreme weather events in the coming years.

If the losses due to hurricanes remain the heaviest - also due to the devastation caused by "Ida", which caused damage for more than 30 billion dollars - more than a third of the deaths and 82 billion dollars of damage (23% deltotale), of which only just over 20 were insured.



"Floods affect nearly a third of the world's population, more than any other natural event. In 2021 alone, we saw more than 50 severe flood events around the world - says Martin Bertogg, Head of Catastrophe Perils at Swiss Re - and given the scale of the devastation this risk earns the same attention as others, such as hurricanes. "



(HANDLE).



Source: ansa

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