© 2009 Münchener Rückversicherungs-Gesellschaft © 2009 Munich Reinsurance Company NatCatSERVICE The loss data base for natural catastrophes Petra Löw.

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© 2009 Münchener Rückversicherungs-Gesellschaft © 2009 Munich Reinsurance Company NatCatSERVICE The loss data base for natural catastrophes Petra Löw

Natural catastrophes in Europe* 1980 – 2009 Number of events Climatological events (Extreme temperature, drought, forest fire) Hydrological events (Flood, mass movement) Meteorological events (Storm) Geophysical events (Earthquake, tsunami, volcanic eruption) © 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Number *Countries defined by EEA NatCatSERVICE

Natural catastrophes in Europe* 1980 – 2009 Overall and insured losses US$bn Overall losses (in 2009 values)Insured losses (in 2009 values) *Countries defined by EEA NatCatSERVICE © 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010

Climatological events (Extreme temperature, drought, forest fire) Hydrological events (Flood, mass movement) Meteorological events (Storm) Geophysical events (Earthquake, tsunami, volcanic eruption) 3,500 Loss events 86,000 Fatalities Overall losses* US$ 375bn Insured losses* US$ 105bn *in 2009 values *in Werten von 2009 Natural catastrophes in Europe* 1980 – 2009 Percentage distribution worldwide *in 2009 values *Countries defined by EEA NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 ContinentNumber of eventsFatalitiesOverall losses US$ m Insured losses US $ m Africa America Asia Australia/Oceania Europe % 6% 29%34% 9% Global natural catastrophes 2009 Percentage distribution of events per continent NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April % ContinentNumber of eventsFatalitiesOverall losses US$ m Insured losses US $ m Africa America Asia Australia/Oceania Europe % 3% 8% 5% 7% Global natural catastrophes 2009 Percentage distribution of fatalities per continent NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April % 31% 40% ContinentNumber of eventsFatalitiesOverall losses US$ m Insured losses US $ m Africa America Asia Australia/Oceania Europe % 4% Global natural catastrophes 2009 Percentage distribution of overall losses per continent NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April % 28% ContinentNumber of eventsFatalitiesOverall losses US$ m Insured losses US $ m Africa America Asia Australia/Oceania Europe % 7% Global natural catastrophes 2009 Percentage distribution of insured losses per continent NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Definition - Breakdown into catastrophe categories Catastrophe classOverall lossesand/or fatalities Loss profile1980s*1990s*2000 – 2008* 0Natural eventNo property damage---none 1Small-scale loss eventSmall-scale property damage Moderate loss eventModerate property and structural damage ---> 10 3Severe catastropheSevere property, infrastructure and structural damage US$ >25mUS$ > 40mUS$ > 50m> 20 4Major catastropheMajor property, infrastructure and structural damage US$ > 85mUS$ > 160mUS$ > 200m> 100 5Devastating catastrophe Devastating losses within the affected region US$ > 275mUS$ > 400mUS$ > 500m> 500 6Great natural catastrophe „GREAT disaster“ Region’s ability to help itself clearly overtaxed, interregional/international assistance necessary, thousands of fatalities and/or hundreds of thousands homeless, substantial economic losses (UN definition). Insured losses reach exceptional orders of magnitude. * Losses adjusted to the decade average. NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Natural catastrophes in Europe 2009 Catastrophe category 0 NatCatSERVICE Cat. categoryNumber of eventsCat. categoryNumber of events

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Geo Risks Research Department The loss data base for natural catastrophes NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 YearDevelopment 1974Systematic buildup of a global natural hazard archive 1990D-Base application 1995Fox-Pro application, with Oracle database 2008 C# application based on Microsoft.NET 2.0 Frameworks with Oracle database and SQL Server 2005 Reporting Services. Geo Risks Research Department The loss data base for natural catastrophes NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Each year about 800 events are documented. YearNumber of data sets ,000 data sets Number of data sets NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Access & User Service Methodology & Definitions Data Munich Re NatCatSERVICE More than data NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Expert Consultation Harmonizing terminology of disaster perils CRED Participants Regina BelowCREDEM-Dat Susanna Schwarz Swiss Resigma Hajime NakanoADRCGLIDE Julio SergeUNDPDesInventar Angelika Wirtz Petra Löw Munich ReNatCatSERVICE Methodology NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Geophysical Family Meteorological Hydrological Climatological Earthquake Volcanic eruption Mass movement dry Earthquake (Ground shaking) Fire following Tsunami Volcanic eruption Subsidence Rockfall Landslide Structure – peril families Main eventSub Peril NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Storm Tropical cyclone Winter storm (extratropical cyclone) Tempest/Severe storm Hail storm Lightning Tornado Local windstorm (orographic storm) Sandstorm/Dust storm Blizzard/Snowstorm Structure – peril families Geophysical Family Meteorological Hydrological Climatological Main eventSub Peril NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Flood Mass movement wet General flood Flash flood Storm surge Glacial lake outburst flood Subsidence Avalanche Landslide Structure – peril families Geophysical Family Meteorological Hydrological Climatological Main eventSub Peril NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Extreme temperature Drought Wildfire Heat wave Cold wave / frost Extreme winter conditions Drought Wildfire Unspecified Structure – peril families Geophysical Family Meteorological Hydrological Climatological Main eventSub Peril NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Entry details: example Hurricane Ike NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Region Details Damages Hurrikane Ike Region Details Damages Region Details Damages Region Details Damages Region Details Damages Region Details Damages Multi-Region-Event USACuba Turks & Caicos Dom. Rep.HaitiBahamas NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Affected region Scientific details Damage Affected people Affected region Scientific details Damage Affected people Affected region Scientific details Damage Affected people Entry details: example multi peril event Typhoon FloodLandslideTornado NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 ScienceGovernment, UN, EU, NGOs News-Agencies Meteorological Services Insurance Sources NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Source No Quality level 6  FURTHER RESEARCH Yes Sources & data quality I NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Source No Quality level 6  FURTHER RESEARCH Yes At least one source of first-class quality Information about losses: very good 1 Information about losses: implausible 4 Information about losses: not available No event description 5  FURTHER RESEARCH Information about losses: not available Event description: plausible 2 Sources & data quality II NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Source No Quality level 6  FURTHER RESEARCH Yes At least one source of first-class quality Second class source One source Information about losses: very good 1 Information about losses: implausible 4 Information about losses: not available No event description 5  FURTHER RESEARCH Information about losses: not available Event description: plausible 2 Information about losses: available Event description: plausible 3 Information about losses: not available Event description: plausible 4 Information about losses: implausible 5  FURTHER RESEARCH Sources & data quality III NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Source No Quality level 6  FURTHER RESEARCH At least one source of third-class quality Information about losses: available Event description: plausible 2 Information about damage: not available Event description: plausible 3 Information about losses: implausible 4 Information about losses: available Event description: detailed 3 Information about losses: not available Event description: available 5  FURTHER RESEARCH Information about losses: not available No event description 6  FURTHER RESEARCH Yes At least one source of first-class quality Second class source One sourceSeveral Sources Information about losses: very good 1 Information about losses: implausible 4 Information about losses: not available No event description 5  FURTHER RESEARCH Information about losses: not available Event description: plausible 2 Information about losses: available Event description: plausible 3 Information about losses: not available Event description: plausible 4 Information about losses: implausible 5  FURTHER RESEARCH Sources & data quality IV NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Number of deaths Event description Affected lines of business Affected people Affected infrastructure Affected buildings Entry details: example Hurrican Ike NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April /o09/2008 Insured losses Munich Re share Additional loss information Overall losses Example: Hurrican Ike - Damages NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Science General public Political committees Analysts, investors Clients Staff NatCatSERVICE Access & User NatCatSERVICE

Preconditions for a high quality data base  Money neutrality  Long-term staff, expercience  Independance (of any internal / external influence)  Neutrality - from company‘s philosophy (freedom to research)  Consistency – stable harbour  Clear standards and methodology  Access to a wide group of experts in different disciplines  Access to original and first-class sources NatCatSERVICE

© 2009 Münchener Rückversicherungs-Gesellschaft © 2009 Munich Reinsurance Company Thank you for your attention

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Geophysical events (Earthquake, tsunami, volcanic activity) Meteorological events (Storm) Hydrological events (Flood, mass movement) Climatological events (Extreme temperature, drought, wildfire) Selection of significant natural catastrophes (see table) 200 Global natural catastrophes Haiti, EQ, 225,000 deaths Haiti, EQ, 225,000 deaths Chile, EQ, est. 8bn - 30bn US$ Chile, EQ, est. 8bn - 30bn US$ Hailstorm, Melbourne, 730m US$ insured Hailstorm, Melbourne, 730m US$ insured Winter damage Florida, 30 % of crops destroyed Winter damage Florida, 30 % of crops destroyed Natural Catastrophes January-March 2010 World map NatCatSERVICE

3,900 Loss events 91,600 Fatalities Climatological events (Extreme temperature, drought, forest fire) Hydrological events (Flood, mass movement) Meteorological events (Storm) Geophysical events (Earthquake, tsunami, volcanic eruption) © 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2010 NatCatSERVICE Natural catastrophes 1980 – 2009 Percentage distribution ordered by type of event

Overall losses* US$ 450bn Insured losses* US$ 140bn Climatological events (Extreme temperature, drought, forest fire) Hydrological events (Flood, mass movement) Meteorological events (Storm) Geophysical events (Earthquake, tsunami, volcanic eruption) © 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2010 NatCatSERVICE Natural catastrophes 1980 – 2009 Percentage distribution ordered by type of event * in 2009 values

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at May 2010 NatCatSERVICE Significant natural catastrophes in Europe 1980 – costliest natural catastrophes ordered by overall losses © 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2010

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at May 2010 NatCatSERVICE Significant natural catastrophes in Europe 1980 – costliest natural catastrophes ordered by insured losses © 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2010

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at May 2010 NatCatSERVICE Significant natural catastrophes in Europe 1980 – deadliest natural catastrophes © 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at January 2010

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Significant natural catastrophes (selection) Great natural catastrophes: 2009 no event met the requirement “Great natural catastrophe” 2009: 850 natural catastrophes Geophysical events (Earthquakes, tsunami, volcanic eruption) Meteorological events (Storm) Hydrological events (Flood, mass movement) Climatological events (Extreme temperature, drought, forest fire) Natural catastrophes 2009 Worldmap NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Global version available in: German, English, French, Italian, Spanish US version (Engl.) Asia version (Engl.,Chinese) Australia/Oceania version (Engl.) Annual publication since 1994Edition Topics Geo – Review of the year of natural catastrophes

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Download-Center There are 50 documents available in each language version NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April 2010 Sources & data quality V Data quality NatCatSERVICE

© 2010 Münchener Rückversicherungs-Gesellschaft, Geo Risks Research, NatCatSERVICE – As at April /09/2008 US$ EuroOriginal currency Automatic currency conversion NatCatSERVICE