Weather catastrophes in China soar: Reinsurer

Posted by Washington Post: Juliet Eilperin on June 23rd, 2011
Agence France-Presse: The world's biggest reinsurance company, Munich Re, said on Tuesday that deadly weather catastrophes in China had soared around four-fold in the last 30 years, costing its economy billions. Munich Re said in a report that the number of annual disasters including violent storms, floods, extreme temperatures, droughts and forest fires had risen to about 48 by 2010 from around 11 in the early 1980s. A company spokesman noted however that official reporting of such catastrophes would have been......

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