Most Expensive Natural Disasters

Reuters calculates the world's five biggest natural disasters in terms of insured losses. Eight of the 11 most expensive disasters in history, at least in terms of insured losses, have occurred along the US Gulf Coast in the past four years.

1 minute read

May 6, 2006, 11:00 AM PDT

By Chris Steins @planetizen

According to Reuters, the world's five most expensive disasters, in terms of insured losses, calculated in 2005 dollars, are:

August 2005 -- Hurricane Katrina, US$45 billion.

August 1992 -- Hurricane Andrew

January 1994 -- The Northridge, California earthquake

September 2004 -- Hurricane Ivan

September 2005 -- Hurricane Rita

Thanks to Planet Ark

FULL STORY: Five Most Expensive Natural Disasters

Friday, May 5, 2006 in Planet Ark

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