Natural catastrophes in 2021 : the floodgates are open

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<title>Natural catastrophes in 2021</title>
<subTitle>: the floodgates are open</subTitle>
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<dateIssued>2022</dateIssued>
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<abstract displayLabel="Summary">Natural and man-made disasters resulted in global economic losses of USD 280 billion in 2021, the sixth highest on sigma records, and the 16th highest since 1970 after normalising for GDP growth effects. Of the economic losses, USD 270 billion was attributable to natural catastrophes. In addition to a devastating earthquake in Haiti that, sadly, claimed more than 2 000 lives, there were more than 50 severe flood events across the world, as well as tropical cyclones, episodes of extreme cold and heat, and severe convective storms (SCS). Insurance covered USD 119 billion of last year's economic losses, the fourth highest on record, of which USD 111 billion was compensation for damage resulting from natural catastrophes.</abstract>
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<topic>Catástrofes naturales</topic>
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<topic>Cambio climático</topic>
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<topic>Seguro de riesgos extraordinarios</topic>
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<topic>Riesgos extraordinarios</topic>
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