Hurricane Michael and Florence among most costly natural disasters of 2018
Among the top five natural disasters financially in 2018, 3 of the top 5 most costly were in the United States. Yet, by death count, none came from the United States. The California fires came in as the most costly, causing over $16.5 billion in damage and the earthquake / tsunami in Indonesia on September 28, resulted in the largest loss of life with 2102.
- About 10,400 people lost their lives in 2018 because of natural disasters
- Of the over $160 Billion in damages, only about 1/2 was insured. This is far below the record $350 Billion in 2017.
- Since 1980, 71% of the total natural disaster death tolls have been in Asia,
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