Aon Benfield’s catastrophe-model development center Impact Forecasting reveals in its newly released Global Catastrophe Recap some more of the costliest weather events for the year to date, including major hurricanes and flooding. Several of these events that happened during the month of September rank among the costliest weather events to date thus far in 2014. Complete article can be found at PropertyCasualty360.
(AP Photo/Wally Santana)
10. Typhoon Matmo, in Taiwan, China and the Philippines (7/22-7/24)
Structures/Claims: 30,000-plus
Economic Losses: $570 Million-plus
(AP Photo/Andy Wong)
9. Flooding in China (8/22-8/28)
Structures/Claims: 10,000-plus
Economic Losses: $700 Million-plus
(AP Photo/Andy Wong)
8. Flooding in China (7/13-7/18)
Structures/Claims: 80,000-plus
Economic Losses: $1.25 billion-plus
7. Drought in China (6/20-7/31)
Structures/Claims: Unknown
Economic Losses: $1.4 Billion-plus
(AP Photo/Noah Berger)
6. Earthquake in California (8/24)
Structures/Claims: Thousands-plus
Economic Losses: $2.0 Billion-plus
5. Flooding in the Midwest, Northeast and Mid-Atlantic U.S. (8/11-8/13)
Structures/Claims: 70,000-plus
Economic Losses: $2.0 Billion-plus
4. Hurricane Odile (9/10-9/17)
Structures/Claims: 50,000-plus
Economic Losses: $ Billions (closest assessment available)
(AP Photo/Andy Wong)
3. Earthquake in China (8/3)
Structures/Claims: 225,000-plus
Economic Losses: $6.3 Billion-plus
(AP Photo/Bullit Marquez)
2. Super Typhoon Rammasun, in the Philippines, China & Vietnam (7/15-7/20)
Structures/Claims: 780,000
Economic Losses: $6.5 billion
(AP Photo/Mansoor Abbas)
1. Flooding in India and Pakistan (9/2-9/15)
Structures/Claims: 375,000
Economic Losses: More than $18 Billion (*highest to date in 2014)