Traditional earthquake insurance covers damage caused by an earthquake by insuring "pure loss.". Severe weather, U.S.: A severe weather outbreak on April 27-30 in the Midwest, Plains, and southeastern U.S did $1.1 billion in damage. By Nicole Acevedo and Ben Kesslen. ", Munich Re, Costliest natural disasters based on estimated overall losses in the Caribbean between 2000 and 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1071365/caribbean-losses-due-to-natural-disasters/ (last visited March 01, 2023), Costliest natural disasters based on estimated overall losses in the Caribbean between 2000 and 2020 (in billion U.S. dollars) [Graph], Munich Re, January 31, 2021. Profit from the additional features of your individual account. Point being, that the biggest disaster are the annual lives lost from severe weather events, in any nation/region, but we end up monetizing these disasters because of the property/material/crop losses. Updated 6:43 a.m. The adventures of a couple, Jack Irving and Abigail Acheson, will spell the doom that lies ahead of the Awakening Dawn. This reflects a 5-year cost average of nearly $152.9 billion/yeara new recordas shown in the chart below by the black line. Based on statistics from EM-DAT, the international disaster database, Goni tied with Typhoon Bopha in 2012 and Typhoon Vamco in 2020 as the Philippines second most expensive typhoon on record, adjusted for inflation. Some offices were temporarily evacuated in Miami and parts of Jamaica. [5] Read about our approach to external linking. Seismic instruments immediately detected the earthquake that originated at a depth of about 6.2 miles (10 km). The fire burned over 318,000 acres in north-central California, killing 15 and causing $1.3 billion in damage. Natural disasters in the U.S. accounted for $95 billion of overall losses in 2020, compared to $51 billion in 2019. Don Blakeman, a geophysicist at the US National Earthquake Information Center, told the Compass, "This is easily one of the largest earthquakes recorded in the Caribbean. A lock () or https:// means youve safely connected to the .gov website. Severe weather, U.S.: A severe weather outbreak on February 3-8 in the central and eastern U.S. spawned 37 tornadoes and killed five people, causing $1.5 billion in damage. If the planet is burning up due to CO like certain folks want us to believe; then why does this 107 year old temperature record still hold? https://www.nps.gov/glba/learn/historyculture/people.htm. Skyscrapers in downtown Miami were evacuated. On 13 September 1922, a temperature of 58C (136.4F) was purportedly recorded at El Azizia (approximately 40 kilometers south-southwest of Tripoli) in what is now modern-day Libya. The door was slamming consistently for a while.". A third earthquake on May 29 was a 5.8 magnitude and left 20 people dead. Hurricane Sally, southeastern U.S., Sep. 14-18, $7 billion, eight killed;9. If you are an admin, please authenticate by logging in again. Thousands of homes and vehicles sustained significant damage and vast areas of agricultural land were severely impacted. 13-14, $1.4 billion, zero killed;38. By Peter Jaret. USGS scientists report that this earthquake confirms whatisalreadyknown about this part of the world:largeearthquakes can and do happen in the Caribbean region. But COVID-19 quickly transformed that into a $54 billion deficit, NPR reported in August [1]. Total economic losses in the continental U.S. were estimated at $4.8 billion, and 15 deaths were blamed on the storm. That 7.7 quake yesterday was more than 1,300 kilometres (800 miles) away, or 53 times the distance of the fault that ruptured near Puerto Rico. A powerful magnitude 7.7 earthquake struck in the Caribbean Sea between Jamaica and eastern Cuba on Tuesday, shaking a vast area from Mexico to Florida and beyond, but there were no reports of. Hurricane Maria (Sept 2017): Puerto Rico, Virgin Islands (U.S.), Dominica, Guadeloupe, Dominican Republic, Martinique, and Haiti. George Vancouver found Icy Strait choked with ice in 1794, and Glacier Bay was a barely indented glacier. : Michael L. pic.twitter.com/Ln41irg33l. Stay in the know about climate impacts and solutions. Carlos Joaqun Gonzlez told AP. Haiti earthquake intensity map. Flooding, Pakistan, Jun.-Sep., $1.5 billion, 410 killed;31. Image via USGS. Wildfire (Glass Fire), California (U.S.), Sep. 27-Oct. 5, $3.8 billion, zero killed;14. Wildfire (LNU Complex Fire), California (U.S.), Aug. 17-Sep. 16, $3 billion, five killed;20. Hottest temperature in the Northern Hemisphere: 54.4C (129.9F) at Death Valley, U.S., August 16. There were no immediate reports of major damage or injuries, but social media was flooded with photos and video from people documenting the event. Costliest natural disasters based on estimated overall losses in the Caribbean between 2000 and 2020 (in billion U.S. dollars . Parametric insurance is a relatively new approach that insures policyholders . About a quarter of the Pantanal burned in 2020 (11 million acres), surpassing the previous record set in 2005. Severe weather, U.S.: A severe weather outbreak on April 21-24 in the Plains, Mid-Atlantic, and southeastern U.S. killed seven and did $1.5 billion in damage. As Turkey and Syria rebuild, authorities will have to consider what needs to change to keep their homes and towers standing during the next major earthquake or climate-related disaster. An October 13, 2020 report by the United Nations Office for Disaster Risk Reduction (UNDRR) had found a staggering rise in climate-related disasters, including extreme weather events: those nearly doubled, from 3,656 in 1980-1999 to 6,681 in 2000-2019, based on data from EM-DAT. Key points: The magnitude-5.9 earthquake occurred at around 9:15am on Wednesday morning This is equivalent to 9.6% of GDP (with confidence intervals ranging from 5.9% of GDP to 15.5% of GDP). A 6.5-magnitude earthquake struck Puerto Rico before dawn on Tuesday, the largest in a series of quakes that have struck the U.S. territory in recent days and caused heavy damage in some areas. The death toll from the 2020 monsoon floods was 1,922, with economic losses of $7.5 billion. Most of the 2020 total, by far, came from weather-related disasters ($258 billion), 29% above the 2001-2020 inflation-adjusted average. Insurance. Severe weather, Midwest, Plains, Mid-Atlantic, and southeastern U.S., Apr. Share sensitive information only on official, secure websites. Wildfire (North Complex Fire), California (U.S.), Aug. 18-Oct. 5, $1.3 billion, 15 killed;39. A magnitude-6.6 earthquake struck the island of Luzon, Philippines, at 4:47 a.m. local time on Saturday, July 24 (data from the Philippine Institute of Volcanology and Seismology, or PHIVOLCS). However, Eta was followed by another devastating hit from Hurricane Iota, which did much of its $1.3 billion in damage to Honduras. Cost (billions) 1: 2011 Thoku earthquake and tsunami: Japan: 9.1: $360: 2: 1995 Great Hanshin earthquake: Japan: 6.9: $197: 3: 2008 Sichuan earthquake: At the end of the day, whether as to global lives lost, or monetary losses, we are subject to constant natural disasters living on the Planet; it comes with the terirtory unfortunately. On 14 August at 8:30 am local time, a 7.2 magnitude earthquake struck the south-western coast of Haiti causing large-scale damage across the country's southern peninsula. The mainshock was followed by a series of aftershocks, with the largest being a 6.1 M ww event that occurred less than three hours later, to the southeast of . At the location of this event, the North America plate converges with the Caribbean plate at a rate of about 20 mm/yr towards the west-southwest. http://journals.ametsoc.org/doi/abs/10.1175/BAMS-D-12-00093.1?af=R& Fire behavior has reached a new plateau, poles are melting, many glaciers melted a while ago, seas are rising and you want to disprove all this with a few record temps from single spots on earth? Please read our Comments Policy prior to posting. 2020 disaster costs. Summer monsoon flooding in China: The seasonal Mei-yu rains in Chinas Yangtze Valley from June 1-September 30 caused extreme flooding that killed 280 and caused $35 billion in damage. Severe weather, U.S.: A powerful winter storm over central and eastern sections of the U.S. January 10-12 killed 12 and did $1.3 billion in damage. But by 1879 naturalist John Muir found that the ice had retreated 48 miles up the bay. 3-15, $8.5 billion, 82 killed;6. http://www.ncdc.noaa.gov/extremes/scec/records. The 2019 monsoon season produced 110% of average rainfall; together, 2019 and 2020 are Indias wettest two-year period since the 1950s. Seismic instruments immediately detected the earthquake that originated at a depth of about 6.2 miles (10 km). Severe weather, Canada, Jun. On May 22, 1960, the most powerful earthquake in recorded history magnitude coast. Executive Director of CDEMA Elizabeth Riley shares the importance of DRR in the Caribbean, in the face of Climate Change. The economic damage totaled $550 million (more than $4.8 billion, adjusted for 2020 inflation). Eta went on to make three additional landfalls as a tropical storm in Cuba, the Florida Keys, and western Florida, killing 11 and causing $1.5 billion in damage in the U.S. Hurricane Iota, Central America: Just two weeks after Hurricane Etas devastating impact in Central America came Hurricane Iota, which peaked as a category 5 storm with 160 mph winds on December 16, making it the latest category 5 hurricane ever observed in the Atlantic. Typhoon Hagupit, China: Typhoon Hagupit made landfall near Yueqing City of Zhejiang province in China on August 3 as a category 1 storm with 80 mph winds, causing widespread damage in eastern China. 19-25, $1.2 billion, zero killed;44. dollars)." The 7.2 magnitude earthquake struck the mainly rural southwest of the country on 14 August, leading to widespread death and destruction. Use Ask Statista Research Service. The January 6 and 7, 2020, M 5.8 and M 6.4 earthquakes offshore of southwest Puerto Rico occurred as the result of oblique strike slip faulting at shallow depth. Are you interested in testing our business solutions? Read about our approach to external linking. Every donation will be highly appreciated. 9. Sign up to receive notices of new postings here. The casual observer could be forgiven for thinking the Caribbean is shaking itself apart. Iota brought torrential rains that inundated flooded regions still struggling to recover from Eta, killing 102 people and causing $1.3 billion in damage. The epicenter was located south of Cuba and northwest of Jamaica, prompting initial fears of a tsunami, though those concerns have since passed. It was the fourth-largest fire in California history. It is for Skyepony to try to explain to me what climate change & CO had to do with the loss of the ice in Glacier Bay. The climate is changing, and our journalists are here to help you make sense of it. The 32 people killed by tornadoes during the outbreak made it the deadliest tornado outbreak since April 27-30, 2014. According to Haiti's Office for Civil Protection, 227 have died and the figure is sadly expected to increase in the coming hours. 30, $1.5 billion, 23 killed;37. The fire burned over 402,000 acres in northwestern Oregon, killing four and causing $1.7 billion in damage. On January 7, 2020, a magnitude 6.4. Elsewhere in South Asia particularly in Pakistan, Nepal, and Bangladesh another 1,100 people lost their lives to unusually heavy monsoon rains. In the U.S., there were a record 27 billion-dollar weather disasters, according to Aon, 22 according to NOAA. Approximately 8,100 people died in natural disasters (including earthquakes) in 2020, the lowest annual death toll in data going back to 2000. 2020 Earthquakes: Croatia experienced the strongest earthquake in 140 years on December 29, a 6.4 magnitude quake 50 km southeast of the capital, Zagreb. The outbreak killed 25 people and caused $2.5 billion in damage. It also began showing signs of increased activity at the end of 2020. More than 80% of the severe weather damage occurred in the U.S. in 2020, including the costliest severe weather outbreak in world history, according to Aon: an August 2020 event that featured a violent derecho in the U.S. midwest that caused $11 billion of the $12.6 billion in damage of the outbreak, the balance caused by tornadoes, hail, and other severe thunderstorms. The 2020 derecho, which had a peak wind gust of 140 mph, was responsible for $11 billion in damage alone. Those numbers make 2020 the fifth costliest year on record for weather-related disasters. The fire burned over 86,000 acres in the region just south of the San Francisco Bay area, killing one person and causing $3.5 billion in damage, making it the eighth most expensive wildfire in world history. Hurricane Hanna, Texas (U.S.): Hurricane Hanna made landfall on July 25 in southern Texas as a high-end category 1 hurricane with 90 mph winds, causing $1 billion in damage but no deaths. Realvision.com via Reuters Updated at 9:45 p.m. Turkey targets critics after deadly earthquake, In pictures: Asia commemorates the 2004 tsunami, Ukraine updates: Zelenskyy calls for ICC Russia probe, More than mercenaries: Russia's Wagner Group in Africa, Russian troops step up fight to cut off Bakhmut supply lines, With G20 in India, Global South addresses West, French court dismisses case against TotalEnergies, Pakistan: The school that's free for Afghan refugee children, New hurdles for sea rescuers in the Mediterranean, Israeli-American killed as violence in West Bank intensifies, Canada Soccer president resigns amid equal pay dispute, To fly or not to fly? Typhoon Hagupit, China and Taiwan, Aug. 2-4, $1.5 billion, six killed;32. Drought, western U.S.: Drought conditions expanded dramatically over the western U.S. during the last half of 2020, thanks to the arrival of La Nina and record heat. [Online]. The quake's epicenter was117 kilometers (73 miles) northwest of Jamaica's townof Luceaand just south of Cuba, andhad a depth of 10 kilometers, according tothe USGeological Survey. Why not? Currently, you are using a shared account. The study authors predicted that each additional 0.5 degrees Celsius of global warming will increase China flood losses by $60 billion per year. Also see: NOAA names 2020 second-hottest year on record; NASA says it tied for hottest ever, Website visitors can comment on Eye on the Storm posts (see below). Despite hitting one of the least populated areas of the U.S. Gulf Coast, Delta did $3 billion in damage, killed four people, and knocked out power to at least 850,000 customers. That glacier was more than 4,000 feet thick, up to 20 miles or more wide, and extended more than 100 miles to the St. Elias Range of mountains. statistic alerts) please log in with your personal account. Here are 2020s 50 billion-dollar weather disasters, as tabulated by Aon: 1. Read more:To fly or not to fly? A tsunami followed, fires broke out and many were left without power. Infrastructure across the country has been badly damaged or demolished, including churches, schools, and offices. Severe weather, Rockies, Plains, and Midwest U.S., May 20-24, $1.8 billion, two killed;28. For many, the memories of the devastation caused by the huge wall of water are still fresh. On Twitter, Cayman authorities said there were "only a few reports of structural damage to buildings" and shelters were being opened as a precaution. On 13 February 2021 the M=7.3 2021 Fukushima Earthquake (also known as the Fukushima-ken Oki (Fukushima Prefecture Offshore) earthquake) struck eastern Japan.. The BBC is not responsible for the content of external sites. The storm brought a multi-day severe weather outbreak to parts of Texas, Oklahoma, Missouri, Arkansas, Louisiana, Mississippi, Alabama, Tennessee, Kentucky and Georgia, with 79 confirmed tornadoes. 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