Roundup of major natural disaster impacts in July 2020

Published: Friday, 07 August 2020 08:06

Aon has published the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during July 2020.

Persistent seasonal rainfall worsened the flood situation across China's Yangtze River Basin during the month, with the death toll since June 1st rising to at least 175, as extensive flooding affected the hardest-hit provinces of Anhui, Hubei and Chongqing municipality. The Ministry of Emergency Management (MEM) noted that nearly 500,000 homes had been damaged or destroyed and 5.2 million hectares (13 million acres) of cropland affected. Direct seasonal economic losses were estimated at CNY150 billion ($22 billion), of which nearly $16 billion occurred in July. Most of the losses were anticipated to be uninsured.

Hurricane Hanna became the earliest eighth-named ‘H’ storm on record in the Atlantic Basin, in addition to being the first hurricane of the 2020 Atlantic Season. Hanna made landfall along the southern Texas coast on July 25th as a 90 mph (150 km/h) Category 1 storm. Several feet of storm surge were noted near the landfall location, in addition to hurricane-force wind gusts and torrential rains that prompted inland flooding. Some of the worst flood damage was found in the Rio Grande Valley of Texas into northern Mexico. Total economic losses were estimated into the hundreds of millions of dollars (USD).

Tropical Storm Fay, the earliest sixth-named ‘F’ storm on record in the Atlantic Ocean, killed six people after making landfall in the United States along the New Jersey coast, north of Atlantic City, on July 10th with maximum sustained winds of 50 mph (85 km/h). Total economic losses were estimated at $350 million, with public and private insurers covering roughly one-third of the damage cost.

Further natural hazard events to have occurred in July included:

Read the report (PDF).