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.
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
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