Roundup of September’s natural disasters around the world

Published: Friday, 09 October 2015 07:17

Impact Forecasting has published its latest Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during September 2015.  Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc.

The report highlights that several wildfires impacted California during the month; the Valley Fire, which occurred northwest of San Francisco, was the third-most damaging wildfire in state history, killing four people and destroying 1,958 homes and other structures. Forecast economic losses from the fire were in excess of USD1.5 billion, with preliminarily insured losses estimated at more than USD925 million.

Meanwhile, the Butte Fire, which occurred southeast of Sacramento and was the seventh-most damaging wildfire in state history, killed two people and caused total estimated economic losses of at USD450 million, with insurance losses expected to be above USD225 million.

With peak US wildfire season in California having started in late September and lasting through early November, wildfires in 2015 have already caused more damage and financial loss in the US than in any other year since 2007.

Elsewhere in September:

To view the full Impact Forecasting September 2015 Global Catastrophe Recap report click here.