| The resulting death toll topped a thousand
and early estimates put insured losses at more than US$230
million. Elsewhere, economic losses due to floods reached
close to US$600 million in Romania, US$450 million in Bulgaria
and US$400 million in Canada’s Alberta province. Other
lethal and damaging flood events occurred in Afghanistan,
Australia, Bangladesh, El Salvador, Ethiopia, Iran, New Zealand,
Pakistan, the Philippines, Russia, Saudi Arabia, Thailand,
Turkey, the United States and elsewhere.
Predictions for an extremely active Atlantic hurricane were
corroborated by the arrival of Hurricane Dennis in early July.
Dennis briefly held the record for the most powerful early-season
hurricane on record, before losing this to Hurricane Emily
little more than a week later. Total economic losses in the
Caribbean and US, arising from Dennis, are estimated at somewhere
between US$5 and 9 billion, while US insured losses look to
be around US$950 million. Meanwhile, in the Pacific, Typhoon
Haitang triggered economic losses of around US$1 billion.
Heat waves, drought and wildfires continue to exact a growing
toll. In India, Pakistan, Bangladesh and Nepal, extreme heat
resulted in the deaths of more than 400 people, while dozens
more died in the United States. In Europe temperatures in
excess of 40º C claimed 18 lives in Italy, 56 lives in
Romania, triggered huge wildfires in Portugal, Spain and Greece,
and exacerbated extreme drought conditions across much of
the continent.
This report was first published in Catastrophe Risk Management
in Autumn 2005.
|