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Insured Losses from Catastrophes, 1980 to 2005
Weather-related insurance losses in the United States are increasing. Typical weather-related losses today are similar to those that resulted from the 9/11 attack (shown in gray at 2001 in the graph). About half of all economic losses are insured, so actual losses are roughly twice those shown on the graph. Data on smaller-scale losses (many of which are weather-related) are significant but are not included in this graph as they are not comprehensively reported by the U.S. insurance industry. Image Reference: U.S. GAO1
References
- 1. [352] Office, Government Accountability U. S.. [data]: assembled by Evan Mills, Lawrence Berkeley National Laboratory.., 2007.
Summary
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