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Costly Floods in 2013: Central Europe's Devastation

Central Europe bore the brunt of 2013's costliest natural disaster with flooding causing over $45 billion in losses worldwide in the first half of the year. Flash floods in India and Nepal claimed over 1000 lives, ranking as the deadliest catastrophe. The catastrophic river flooding in southern and eastern Germany was the most expensive event, inflicting over $16 billion in damages.

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Costly Floods in 2013: Central Europe's Devastation

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  1. Flooding 2013

  2. Floods Top 2013 World Disaster Bill So FarJul 10, 2013 11:30 AM ET // by AFP Discovery news • Floods that caused billions of dollars in losses were the world's most expensive natural disasters so far this year, with central Europe being hit hardest, re-insurers Munich Re said on Tuesday.

  3. Altogether, natural catastrophes -- also including earthquakes, tornadoes and heat waves -- caused $45 billion in losses in the first half of 2013. • This is equivalent to all the money that the whole of Costa Rica makes in 1 year.

  4. The deadliest disaster out of 460 recorded "natural hazard events" worldwide was a series of flash floods in northern India and Nepal that killed more than 1,000 people in June after early and exceptionally heavy monsoon rains.

  5. By far the most expensive natural disaster was the river flooding that hit southern and eastern Germany and neighboring countries in May and June, causing more than $16 billion in damage, most of it in Germany.

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