Four days of heavy rain wreaked havoc across Germany, the Czech Republic, Hungary and Poland, tallying total economic losses of $16.5 billion with insured losses pegged at $4.1 billion.
in disaster insurance claims in 2013, according to an international insurer.
CALGARY The floods that devastated southern Alberta ranked third highest Nike Zoom Kd 5
surrounding area following six days of torrential rain," the report said.
Likewise, total economic losses dropped to $140 billion, significantly lower than the $196 billion suffered worldwide in 2012.
"Many regions around the world were hit by floods in 2013. The single largest loss event in North America was extensive flooding in the city of Calgary, Alberta, and Mens Nike Kyrie 1 Asw
Flooding in the Calgary area was only a fraction of the damage caused by similar downpours in eastern Europe in May and June of last year.
Last year's economic losses also fell behind the worldwide 10 year average of $190 billion. However, Nike Metcon Junior the number of victims from disasters grew to 26,000 compared to 14,000 in 2012.
floods third most costly disaster in 2013
The global total in insured losses from natural catastrophes in 2013 was $45 billion, down from $81 billion the previous year, the Swiss Re report said.
A report released this week from Switzerland's Swiss Re Group ranked last June's watery disaster just behind even worse flooding in Europe, with Alberta's economic losses reaching US$4.7 billion as well as $1.9 billion in insured losses.
Also ranked ahead of Alberta's floods were devastating hail storms in Germany and France, which racked up $4.8 billion in economic losses and $3.8 billion in insured Nike Kyrie 1 White
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