Global catastrophe recap : july 2018

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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 (1H) of 2018 were below average when compared against a 10-year (2008-2017) and a 21 Century (2000-2017) baseline. Economic losses were estimated at USD45 billion; down a considerable 64 percent compared to the previous decade (USD124 billion) and down 48 percent in the years since 2000 (USD87 billion). Insured losses were preliminarily estimated at USD21 billion; down 40 percent from the 10-year average of USD35 billion and down 19 percent from the 18-year average of USD26 billion. Each total is considered preliminary and subject to change</subfield>
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