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The Rising Cost of Natural Hazards. Holli Riebeek.

by Riebeek, Holli; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 9Science. Publisher: Earth Observatory, 2005ISSN: 1522-3264;.Subject(s): Climatic changes | Deforestation | Droughts | Famines -- Forecasting | Flood damage | Global warming | Hurricanes -- Economic aspects | Landscape changes | Natural disasters -- Costs | Population -- Environmental aspects | Real estate development | Remote sensingDDC classification: 050 Summary: "Munich-Re, the world's largest re-insurance agency, reports that disaster-related economic losses topped US $145 billion in 2004, up from $65 billion in 2003, for about the same number (650) of natural disasters in each year, making 2004 the most expensive year to date. While the loss of human life from the devastating Asian tsunami is overwhelming, the economic cost was an estimated $10 billion." (EARTH OBSERVATORY) This article discusses the tremendous cost of recovery from natural disasters and examines reasons why the cost continues to rise.
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REF SIRS 2006 Science Article 9 (Browse shelf) Available

Articles Contained in SIRS Enduring Issues 2006.

Originally Published: The Rising Cost of Natural Hazards, March 28, 2005; pp. n.p..

"Munich-Re, the world's largest re-insurance agency, reports that disaster-related economic losses topped US $145 billion in 2004, up from $65 billion in 2003, for about the same number (650) of natural disasters in each year, making 2004 the most expensive year to date. While the loss of human life from the devastating Asian tsunami is overwhelming, the economic cost was an estimated $10 billion." (EARTH OBSERVATORY) This article discusses the tremendous cost of recovery from natural disasters and examines reasons why the cost continues to rise.

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