Global catastrophe recap : first half of 2016

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      <subfield code="a">Global catastrophe recap</subfield>
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      <subfield code="a">Global natural disaster losses during the first half of 2016 from both an economic and insured loss perspective were each above their 16-year (2000-2015) averages but slightly below the more recent 10-year (2006-2015) averages. Economic losses were estimated at USD98 billion (down 13 percent from the 10-year average of USD112 billion and up 17 percent from the 16-year average of USD84 billion) and insured losses were USD30 billion (down 3 percent from the 10-year average of USD31 billion and up 27 percent from the 16-year average of USD24 billion). Each total is considered preliminary and subject to change. The overall economic and insured costs during the first two quarters of 2016 were each at their highest levels since 2011</subfield>
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