Thursday, November 12, 2009

Natural disasters are getting bigger

According to this document from Munich Re-Insurance

1 comment:

Ori Pomerantz said...

This needs to be adjusted for:

1. Inflation - 1 billion dollars today is worth a lot less than in 1950.

2. Growth in society's wealth - a German city today is worth considerably more than a half rebuilt one in the late 1940s.