• Follow Us On : 

Japan to Suffer Minimum $10bn Economic Loss from Typhoon Hagibis, According to Aon Catastrophe Report


Redaksi | Jumat,06 Desember 2019 - 14:59:57 WIB
Dibaca: 289 kali 
Japan to Suffer Minimum $10bn Economic Loss from Typhoon Hagibis, According to Aon Catastrophe Report

SINGAPORE - 6 December 2019 - Aon plc (NYSE:AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, launches Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during October 2019.

The report reveals that Typhoon Hagibis made landfall in Japan's Iza Peninsula on October 12 before later sweeping through the greater Tokyo metro region. At least 95 people were killed, and more than 93,250 structures damaged or destroyed. Total economic losses were expected to exceed USD10 billion, with insured losses minimally in the billions (USD).

In the United States, extreme wildfire conditions marked by the seasonal return of Diablo and Santa Ana winds led to numerous fire ignitions across California from October 10-17. At least three people were killed and nearly a dozen others were injured. The most destructive fires included the Saddle Ridge Fire (Los Angeles County) and Sandalwood Fire (Riverside County). Total economic damage was expected to exceed USD100 million, with most of the losses covered by insurance.

Further extremely critical wildfire conditions resulted in numerous ignitions across Northern and Southern California from October 23 into early November. The most significant fires included the Kincade Fire (Sonoma County); Tick Fire (Los Angeles County); Getty Fire (Los Angeles County); Hillside Fire (San Bernardino County); Maria Fire (Ventura County), and the Easy Fire (Ventura County). The Kincade blaze prompted the largest evacuation on record in Sonoma County, and a statewide state of emergency was declared. Total economic and insured losses were expected to reach into the hundreds of millions (USD).

Meanwhile, a severe weather outbreak spawned nearly 30 tornado touchdowns, damaging winds, and large hail across the U.S. Plains and Southeast on October 20-21, killing at least four people. Most impacts were recorded in Texas, where a confirmed EF3 tornado with up to 140 mph (220 kph) winds struck several neighborhoods in North Dallas. Further tornado and storm-related impacts were cited in parts of Arkansas, Oklahoma, Missouri, Louisiana, and Tennessee. Economic and insured losses were likely to reach into the hundreds of millions of dollars, if not higher.

Steve Bowen, Director and Meteorologist within Aon's Impact Forecasting team, said: "Vulnerabilities around tropical cyclones, flooding, and wildfires were again exposed during October. Events such as Typhoon Hagibis in Japan and wildfires in California served as a reminder of the repetitive, or clustering, nature of certain perils on a year-to-year basis that can often be hard to predict. With ample exposure located in high-risk locations all around the world, it becomes increasingly important to utilize the latest tools available to better prepare for future weather and climate-related scenarios in both mature and developing markets."

Other natural hazard events to have occurred in October include:

  • Hurricane Lorenzo, the easternmost Category 5 Atlantic Hurricane on record, affected the Azores on October 2 as a Category 1 storm. The Portuguese government estimated damage costs at EUR330 million (USD367 million), primarily attributed to port infrastructure.
  • Parts of Western, Central and Eastern Africa were affected by seasonal flooding throughout October. The events resulted in significant humanitarian impacts and hundreds of thousands affected. The combined death toll from October flooding was minimally listed at 208.
  • A weakened Typhoon Mitag made landfall in eastern China's Zhejiang Province (Zhoushan City) on October 1 as a tropical storm, and a second landfall in South Korea on October 2. Heavy rains led to flooding and landslides in South Korea, where at least 14 people were confirmed dead or missing and more than 1,000 properties were inundated. In Zhoushan, China, the storm caused three fatalities. Total economic losses amounted to at least USD816 million, including USD553 million in South Korea and USD263 million in China.
  • An active bushfire season in September and October saw numerous fires burn across parts of Queensland and New South Wales as much of Eastern Australia continued to deal with severe drought conditions. The fires destroyed dozens of structures and the Insurance Council of Australia declared separate insurance catastrophe events in each state. Total economic and insured losses from the bushfires were expected into the tens of millions (USD).

Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
TULIS KOMENTAR
BERITA TERKAIT
Senin,04 November 2019 - 12:56:29 WIB

Cities in Japan and Australia are the Most Expensive Office Fit-out Markets Across the Asia Pacific, Hong Kong Ranked 7th and Beijing 10th

The evolution of workplace designs gains momentum to cater to growing focus on employee engagement

Rabu,04 Juli 2018 - 11:54:09 WIB

DHL Supply Chain Appoints Alfred Goh to Continue Business Growth in Japan and Korea

JAPAN - Media OutReach - July 3, 2018 - DHL Supply Chain, the global market

Kamis,15 November 2018 - 06:44:29 WIB

Hyatt Announces Plans for Hyatt House Niseko, Japan

The Hyatt House brand will make its debut in Hokkaido in December 2018 HONG KONG, CHINA - Medi

Rabu,23 Januari 2019 - 04:11:47 WIB

Singapore’s WEnergy Global, ICMG Partners, Japan’s TEPCO-PowerGrid Collaborate on a US$100m Fund for SEA Clean Energy Projects

SINGAPORE - Media OutReach - 22 January 2019 - Singapore's WEnergy Global Pte Ltd

Jumat,17 Mei 2019 - 03:54:16 WIB

Twitter Partners with KCON to Bring Exclusive Content and Highlights from KCON 2019 Japan to KPop Fans Worldwide

Experience Red Carpet moments in real time through Twitter-exclusive live streams Go backstage wi

Sabtu,20 Juli 2019 - 01:22:13 WIB

Infor Japan and Zeal Sign Partner Agreement for Cloud-based BI Platform

JAPAN - 19 July 2019 - Infor Japan K.K., the Japanese subsidiary of Infor, a global leader in busine

BERITA LAINNYA
Kamis,13 Februari 2020 - 14:40:54 WIB

Toyota Mobility Foundation Introduces Next-Gen Urban Development and Traffic Management Global Challenge with MDEC

The competition will be done in collaboration with Kuala Lumpur City Hall as Malaysia's capita

Kamis,13 Februari 2020 - 14:35:35 WIB

Bank Indonesia Adopts Refinitiv Auctions for Domestic NDFs

Follows strong demand of Refinitiv Auctions in 2019 across Asia, Europe, the Middle East and Africa

Kamis,13 Februari 2020 - 14:32:19 WIB

Etiqa Insurance Singapore Protects Customers with Financial Assistance Benefit amid COVID-19 Outbreak

SINGAPORE - Media OutReach - 13 February 2020 - Etiqa Insurance Singapore is providin

BERGABUNG DI SINI
KABAR POPULER
IKUTI BERITA KAMI