World’s Catastrophes In 2004 Took 300,000 Lives, Cost $49 Billion In Insured Losses
Wednesday, March 2nd, 2005 Catastrophe PropertyIn the year 2004, more than 300,000 people died in the 330 natural and man-made catastrophes that occurred on our planet with 280,000 of those missing or presumed dead from December’s horrific tsunami. These losses cost insurers over $49 billion dollars worldwide in insurable losses with most of this money going to windstorms in both the United States and Japan.
External References & Further Reading
http://www.insurancejournal.com/news/international/2005/03/01/52028.htm



