Last year's natural disasters, from the earthquake in Japan to the storms in the U.S., cost the...


Last year's natural disasters, from the earthquake in Japan to the storms in the U.S., cost the global economy a record $370B, Swiss Re says. The insurance industry took a hit of $116B, more than double 2010 and the second-largest ever. Had the Japanese had better insurance, the figure would have been much higher.
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  • NIRP
    , contributor
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    WRONG.......they boosted the economy by a huge amount. What do you think people doing repair and cost of materials are free.
    28 Mar 2012, 11:34 AM Reply Like
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