Ten Most Expensive Natural Disasters

Posted by By at 7 November, at 08 : 54 AM Print

10) Massive flooding: China, 1996.
Estimated cost: $25 billion.

9) Hurricane Andrew: Bahamas, Florida Gulf Coast, 1992.
Estimated cost: $27 billion.

8) Earthquake: Japan, 2004.
Estimated cost: $28 billion.

7) Earthquake and Tsunami: Chile, 2010.
Estimated cost: $30 billion.

6) Massive flooding: China, 1998.
Estimated cost: $31 billion.

5) Hurricane Ike: Caribbean, US Gulf Coast, 2009.
Estimated cost: $40 billion.

4) Earthquake: Southern California, 1994.
Estimated cost: $45 billion.

3) Earthquake: China, 2008.
Estimated cost: $85 billion.

2) Earthquake: Kobe, Japan, 1995.
Estimated cost:$100 billion.

1) Hurricane Katrina: US Gulf Coast, 2005.
Estimated cost: $125 billion.

Japanese natural and nuclear disaster, 2011:
Estimated cost: $300 billion.

Sources: Geo Risks Research, Munich Re & NotCut Service.
Photo by Jerry Angelica Photography

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Eric J. Epstein is RocktheCapital‘s coordinator and a community advocate for good government for over 25 years. Mr. Epstein is also Chairman of the Three Mile Island Alert, Inc., a safe-energy organization founded in 1977; President of EFMR Monitoring Group, Inc., a non-profit economic development corporation established in 1977, and Chairman of the Stray Winds Area Neighbors (SWAN), a smart growth association organized in 2005. Mr. Epstein was a Visiting Assistant Professor of Humanities at PSU-Harrisburg (1992-1999) and co-authored the Dictionary of the Holocaust, which was released by Greenwood Press (1997) - Email Eric Epstein

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