Review of natural catastrophes in 2014 Roy / Thursday, January 8, 2015 / Categories: Storms Relatively low losses from weather extremes and earthquakes, globally and in U.S. PRINCETON, N.J.--(BUSINESS WIRE)--The absence of very severe catastrophes and a quiet hurricane season in the North Atlantic meant that losses from natural catastrophes in 2014 were much lower. In North America, overall losses of US$ 30bn and insured losses of US$ 18bn were well below the average values for the last ten years (US$ 77bn and US$ 38bn). At US$ 7bn, the most expensive event globally in terms of overall loss was Cyclone Hudhud in India. ... Read More Source: Business Wire Comment Collapse Expand Comments (0) warning You don't have permission to post comments.