Earthquakes, storms, and heat waves Natural disasters that affect people How much economic damage will it cause in 2023?…
A magnitude 7.6 earthquake with the epicenter on the Noto Peninsula. Near Ishikawa Prefecture On the western side of Japan’s Honshu Island which is considered a disaster for early 2024 Is it a “warning sign” from nature that is passed on to the actions of “humanity”?
And in the year 2023 that has just passed. “Natural disasters” can cause global economic loss Including how many people? and what is “Tendency” in insurance companies around the world “Anxious” What type of natural disaster is the most common today? “we” to join to consider “information” These together…
Value of economic loss From natural disasters in 2023:
From the report summarizing disaster events worldwide, 3rd quarter 2023 (ends 30 Sep. 23) of “AON” A leading global health insurance and risk management company said natural disaster events that occurred between Q1 and Q3 of 2023 “caused more than the combined economic losses” of 2020. 295,000 million US dollars (9.9 trillion baht) Among these is the frequency of those natural disasters “Creating economic loss” Value of more than 1,000 million US dollars (34,167 million baht) up to 47 times! which is considered “A number of times” higher The “annual average” is about 35 times a year.
by “Natural disaster events” it is the number 1 cause of economic loss in 2023 “Earthquakes in Turkey and Syria” By thinking about “Economic damage” is approximately 91.7 billion US dollars (3.1 trillion baht).
Number 2 is the major flood event in China. it resulted in a total of 370 deaths, causing economic loss. The total value is 31.9 billion US dollars (1 trillion baht). In third place is the drought in the Rio de la Plata basin, which is a point of contact between Brazil, Argentina and Uruguay. According to age, by causing economic damage totaling 10.1 billion US dollars (345,000 million baht)
The region that will suffer the greatest economic losses due to disasters in 2023 is the Europe, Middle East, and Africa or EMEA region, with a total value of up to 134 billion US dollars (4.5 trillion baht), mainly due to: “Earthquake event”
Earthquakes that caused the most damage in history:
The earthquake and tsunami in the Tohoku region of Japan The year 2011 is still the most serious and damaging geological event. Because in addition to causing property damage, the total value is greater. 360,000 million US dollars (12.3 trillion baht) and it also makes various insurance companies Must pay a total of as much as 47,000 million US dollars (1.6 trillion baht) as well
Regarding the earthquake The second biggest cost to insurance companies was the Christchurch earthquake. New Zealand it caused 185 deaths in 2011, at that time Property damage totaled more than 40 billion US dollars (1.3 trillion baht), and various insurance companies The total costs must be 14,000 million dollars per US (478,345 million baht).
*** Reference information from Insurance Information Institute) ***
As for other earthquake events That caused a lot of damage including the Kobe earthquake. Japan in 1995, which apart from causing up to 6,400 deaths, also caused economic loss. The total value is 200,000 million US dollars (6.8 trillion baht).
While the earthquake in Sichuan province, China in 2008, which caused as many as 87,000 deaths, caused damages totaling more than 150 billion US dollars (5.1 trillion baht).
Catastrophe event That causes insurance companies to have the highest costs in 2023:
The first 3 quarters of 2023, insurance companies worldwide The total costs of natural disasters are up to US$88 billion (3 trillion baht), which is higher than the average (US$75 billion) and the median (US$62 billion) by compare year to year
by “Natural Disaster” which makes insurance companies worldwide The number 1 most expensive loss was the earthquake in Turkey and Syria. with a total value of 5,700 million US dollars (194,754 million baht)
anyway “storm event” Last year, which had “Frequency of the phenomenon” Where insurance companies have lost expenses of more than 1 billion US dollars (34,167 million baht) up to 32 times (which happened 21 times in the United States), causing insurance companies around the world Must lose expenses up to 59,000 million US dollars (2 trillion baht) or equivalent 60% of all expenses!
This amount is only in the United States. This country alone is as high as 53 billion US dollars! Or 1.7 trillion baht!
Natural disasters causing the most deaths in 2023:
Number 1: Earthquakes in Turkey and Syria Death toll: 59,259 bodies
2nd place: Cause of Cyclone Daniel Attacks on Libya, Greece, Bulgaria, Turkey, 4,361 dead.
3rd place: Earthquake in Morocco Death toll: 2,946 bodies
4th place: Flood events in India Number of deaths: 2,432 bodies
5th place: Cyclone Freddy South Africa Death toll: 1,432 bodies
Risks of global temperatures increasing every year:
Report of AON also warn of “More risk” For the public sector business and social sectors as well. The global temperature rises every year causing “Climate change in many areas” It’s going to affect both people. Business sector and society in the future
This can be seen from the heat phenomenon reaching record levels in the United States. During the period from June to September at the same time “Heat Wave” Still covering South America Southeast Asia and Canada in the first half of 2023, as in many other highly populated regions in the US and Europe facing “The heat is longer and longer than usual.”
Meanwhile, sea surface temperatures in the North Atlantic Ocean last summer made the highest record for many years until it caused National Oceanic and Atmospheric Administration (NOAA) It is anticipated that this may lead to a phenomenon. “Hurricane” which has a higher level of severity and higher frequency than usual During the Atlantic hurricane season (1 June – 1 November each year)
Moreover, what is worrying is “Heat Wave” It will have a direct impact on the health and lives of the people. Especially among the elderly in Europe and the United States. Because what should not be forgotten is that, during the year 2022, the heat wave that covered Europe has already caused almost 20,000 deaths due to heat waves.
In terms of the impact on the business sector Heat waves will hurt labor productivity. particularly in the construction industry and the agriculture sector “lower” This is as a result of the heat which makes workers more tired more easily. Research in the United States has found that the loss of labor productivity (Labor Productivity) in the United States of “The heat wave problem” The value is as high as 100,000 million dollars per year (3.4 trillion baht) and this figure will continue to increase. If the temperature continues to rise
Thairath Online’s special news team reports
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