7 000 lives were lost in the first half of 2013 as result of natural catastrophes and man-made disasters, which cost society USD 56 billion.
Floods, in particular, were responsible for much of the human and economic losses, with large-scale floods in central Europe, as well as Canada and Australia causing large-scale devastation.
Unfortunately, floods continue to wreak havoc well in this second half of the year: Currently under water are more than 70% of Manila, as well regions in China and Russia and in other parts of the globe.
Nature has and will keep reminding us of its destructive power. As Swiss Re flood expert Jens Melhorn said recently "While we cannot stop future floods, we believe that preventative actions can be taken to mitigate the overall impact of extreme weather events".
Let us build a more resilient future! What measures have been taken in your area that worked well?
Read our latest Sigma "Preliminary estimates for H1 2013: Catastrophes cost global insurance industry more than USD 20 billion" for more http://ow.ly/o9Tvg
Category: Climate/natural disasters: Disaster risk, Resilience