Year |
Number of catastrophes |
Number of claims
(millions) |
Dollars when occurred
($ billions) |
In 2010 dollars (2)
($ billions) |
2001 |
20 |
1.5 |
$26.5 |
$32.4 |
2002 |
25 |
1.8 |
5.9 |
7.0 |
2003 |
21 |
2.7 |
12.9 |
15.2 |
2004 |
22 |
3.4 |
27.5 |
31.4 |
2005 |
24 |
4.4 |
62.3 |
68.9 |
2006 |
31 |
2.3 |
9.2 |
9.9 |
2007 |
23 |
1.2 |
6.7 |
7.0 |
2008 |
36 |
4.1 |
27.0 |
27.6 |
2009 |
27 |
2.2 |
10.5 |
10.6 |
2010 |
33 |
2.4 |
14.1 |
14.1 |
(1) Includes catastrophes causing insured losses to the industry of at least $25 million and affecting a significant number of policyholders and insurers. Does not include flood damage covered by the federally administered National Flood Insurance Program.
(2) Adjusted to 2010 dollars by ISO using the GDP implicit price deflator.
Source: The Property Claim Services (PCS) unit of ISO, a Verisk Analytics company. |