Insurance

The Costliest Natural Disasters of 2016

The number of devastating earthquakes and powerful storms made 2016 the costliest twelve months for natural catastrophe losses in the last four years. The costliest disasters occurred in Asia: an earthquake in Japan, followed by flooding in China, according to reinsurer Munich RE.

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This chart shows a ranking of natural disasters 2016 by overall damages caused (in billion U.S. dollars)

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Cost of natural disaster losses worldwide from 2000 to 2025, by type of loss (in billion U.S. dollars)
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Ranking of the most costly disasters for the insurance sector worldwide in 2015 (in millions of U.S. dollars)
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Most costly natural disasters for the insurance industry worldwide in 2015 (in billions of U.S. dollars)
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Insurance and economic losses due to selected natural catastrophes worldwide in the 1st half of 2017 (in billion U.S. dollars)
Costliest natural disasters worldwide from 1900 to 2024, by economic loss (in billion U.S. dollars)
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Estimated insured losses due to natural disasters in the United States from 2016 to 2019, by type (in billion U.S. dollars)

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