n ” (Reuters)-a natural disaster, presided over by the devastating earthquake in Japan and New Zealand, cost a record $ 380 billion in 2011, more than double to 2010 and triple the average in the last decade, insurance experts reported on Wednesday.
Insurance industry losses from the disaster was reaching a record $ 105 billion in 2011, according to Munich Re, the biggest reinsurer in the world.
The cost for the insurance of the earthquake and tsunami in Japan in March, which led to nearly 16,000 deaths, an estimated $ 35 billion to $ 40 billion, the company said in its annual review of the year before the cataclysm.
The same with all the insurance cost of natural disasters to strike United States during the year, he said.
Earthquake in New Zealand in February, adding a further $ 1 billion for insurance claims payments for the year, Munich Re said.