Natural catastrophes and man-made disasters in 2002: high flood loss burden

In 2002 losses from natural catastrophes and man-made losses cost non-life insurers USD 13.5 bilion across the globe. This was markedly below the previous year´s level of USD 35 billion. While natural catastrophes caused losses of USD 11.4 billion, property losses from man-made disasters totalled USD 2.1 Billion. The most costly events were the floods in Europe and the storms in the US.

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Year of publication:	2003
Authors:	Zanetti, Aurelia ; Enz, Rudolf ; Menzinger, Ivo ; Mehlhorn, Jens ; Suter, Sonja
Publisher:	Schweizerische Rückversicherungsgesellschaft <Zürich>
Subject:	Versicherungsbetriebslehre \| insurance management \| Rückversicherung \| Versicherungswissenschaft \| insurance economics

Summary
Catastrophes in 2002: comparatively low insured losses despite the large burden from floods
Floods - a growing challenge for the insurance industry and the state
Tables for reporting year 2002
Tables on the major losses 1970-2002
Appendix: Terms and selection criteria

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