Global Catastrophe Recap: December 2016 2 Aon Benfield Analytics | Impact Forecasting

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Global Catastrophe Recap: December 2016 2 Aon Benfield Analytics | Impact Forecasting Aon Benfield Analytics | Impact Forecasting Global Catastrophe Recap December 2016 Risk. Reinsurance. Human Resources. Aon Benfield Analytics | Impact Forecasting Table of Contents Executive Summary 3 United States 4 Remainder of North America 4 South America 4 Europe 5 Africa 5 Asia 6 Oceania 7 Appendix 8 Contact Information 17 Global Catastrophe Recap: December 2016 2 Aon Benfield Analytics | Impact Forecasting Executive Summary . Monsoon flooding in Vietnam claims 50 lives; economic damage reaches USD1.15 billion . Global flooding leaves more than 128 people dead; damage tops USD264 million . Multiple winter storms cross the United States Enhanced North East Monsoon flow led to two periods of flooding in Vietnam during the month of December. The first period occurred during the first week of the month and impacted Bình Định, Quảng Ngãi, Quảng Nam, and Thừa Thiên-Huế provinces. The second period of flooding lasted from December 12-20 and impacted the country’s South Central Coast region. In total at least 50 people were killed and more than 162,000 homes were damaged or destroyed. The country’s agricultural industry was also badly affected. Aggregated economic losses were listed at VND26 trillion (USD1.15 billion). Other significant flood events were noted in Bolivia, Colombia, Venezuela, Argentina, Spain, Zimbabwe, Democratic Republic of Congo, Indonesia, and Thailand. At least 128 people were killed while aggregated economic losses reached USD264 million. The deadliest floods were noted in the Democratic Republic of Congo where at least 50 people were killed while the costliest floods were noted in Spain where economic losses from two separate flood events minimally reached EUR150 million (USD155 million). Three separate winter storms impacted the United States during the month of December. The most damaging of the storms lasted from December 13-19 and claimed at least 22 lives as it tracked from the Pacific Northwest to the Northeast. From December 10-13, the first of the month’s storms caused widespread disruption in the Plains, Midwest, and Northeast and claimed at least nine lives. The third and final storm of the month affected much of the United States during the Christmas holiday weekend, leaving at least four people dead and several others injured in traffic-related accidents. Cyclone Vardah made landfall in India’s Tamil Nadu state on December 12 claiming at least 12 lives. The Category 1-strength storm impacted portions of Tamil Nadu and Andhra Pradesh prompting widespread damage and disruption. The estimated the cost of the relief effort in Chennai, Kancheepuram, and Tiruvallur was listed at INR10 billion (USD150 million). Super Typhoon Nock-Ten made multiple landfalls on the Philippines’ archipelago, leading to the deaths of at least 13 people. A further 21 were officially listed as missing. Extensive damage was reported across southern Luzon from the storm’s high winds, coastal storm surge and inland flooding. Preliminary economic losses were listed at PHP6.1 billion (USD123 million). A strong magnitude-6.5 earthquake struck the northern portion of Indonesia’s Sumatra Island in early December. At least 102 people were killed and 857 more were injured. More than 12,000 buildings sustained damages. The worst of the damages were sustained in Pidie Jaya regency. A magnitude-5.9 earthquake struck China’s Xinjiang province on December 8 and prompted damages to 18,340 homes. The Ministry of Civil Affairs listed economic losses at CNY935 million (USD135 million). In Australia, multiple days of severe thunderstorms prompted considerable damages in South Australia and the Northern Territories. Damages to homes, vehicles, and agriculture were noted and the grain industry estimated losses between AUD100 to 200 million (USD72 to 144 million) to the grain crop. Global Catastrophe Recap: December 2016 3 Aon Benfield Analytics | Impact Forecasting United States Structures/ Economic Date Event Location Deaths Claims Loss (USD) 12/10-12/13 Winter Weather Plains, Midwest, Northeast 9 Thousands Millions+ 12/13-12/19 Winter Weather Northern U.S. 22 10,000+ 100+ million 12/23-12/26 Winter Weather Nationwide 4 10,000+ 50+ million A large winter storm brought widespread disruption to northern portions of the United States from December 10-13. Significant snowfall accumulations were noted in portions of the Plains, Midwest, and Northeast that prompted severe disruption to travel and transportation throughout the affected states and claimed at least nine lives. A powerful and widespread winter storm claimed at least 22 lives as it tracked across the northern half of the contiguous United States from December 13-19. The storm brought periods of heavy snowfall, heavy rain, freezing rain, tornadoes, hail and damaging winds to areas from the Pacific Northwest to the Northeast. Behind the main cold front were multiple lobes of the Polar Vortex, which sent Arctic air southward that engulfed most of the country with sub-freezing and well-below 0°F temperatures. A powerful winter storm tracked across much of the United States during the Christmas holiday weekend, leaving at least four people dead and several others injured in traffic-related accidents. The storm brought heavy snow, hurricane-force wind gusts, freezing rain, and ice. Strong thunderstorms also spawned four tornadoes in Kansas and damaging straight-line winds in the Plains along the primary frontal boundary. Remainder of North America (Non-US) Structures/ Economic Date Event Location Deaths Claims Loss (USD) There were no major natural disasters during December in the Remainder of North America (Non-US). South America Structures/ Economic Date Event Location Deaths Claims Loss (USD) 11/26-12/05 Flooding Bolivia, Colombia, Venezuela 15 550+ Unknown 12/25-12/26 Flooding Argentina 0 3,400+ Millions+ At least 15 people were killed in Bolivia, Colombia, and Venezuela as the result of flooding and landslides prompted by torrential rainfall from November 26-December 5. More than 140 homes were damaged in Bolivia where 5,300 residents were displaced. In Colombia, the city of Cali was impacted as the Cali River burst its banks destroying more than two dozen homes. In Venezuela the states of Miranda, Nueva Esparta, and Monagas were affected. Powerful thunderstorms triggered flooding in Argentina’s Buenos Aires, Cordoba, and Santa Fe provinces on December 25-26 rendering hundreds of families homeless. Several rivers burst their banks inundating several low-lying neighborhoods and causing damage to more than 3,400 homes. Damages due to hail and strong winds were also reported in portions of Cordoba. Global Catastrophe Recap: December 2016 4 Aon Benfield Analytics | Impact Forecasting Europe Structures/ Economic Date Event Location Deaths Claims Loss (USD) 12/04 Flooding Spain 2 10,000+ 105+ million 12/16-12/19 Flooding Spain 6 10,000+ 50+ million Windstorms Ireland, UK, Norway, Sweden, 12/23-12/27 0 Thousands 100+ million Antje & Barbara Denmark, Germany Torrential rain hit portions of southern Spain on December 4 prompting severe flash flooding. The provinces of Cadiz and Malaga in Andalusia region were worst affected. Two fatalities were reported as widespread disruption and damages were reported. Among the hardest hit areas were around the Bay of Gibraltar and the city of Cadiz. Flooding was also reported in the city of Malaga, Fuengirola, Alhaurin de la Torre, Manilva, and Mijas. Preliminary economic losses were listed minimally at EUR100 million (USD105 million). Torrential rainfall triggered flash flooding in portions of southeastern Spain and the Balearic Islands from December 16-19. Among the hardest-hit provinces were Granada, Almeria, Murcia, Alicante, Valencia, Teruel, Castellón and Baleares. At least six people were killed. Northwestern portions of Europe were impacted by two consecutive windstorms from December 23-28. Windstorms Antje and Barbara caused widespread disruption as they brought damaging wind gusts and heavy precipitation to parts of Ireland, the United Kingdom, Norway, Denmark, Sweden, and Germany. There were no reports of any major damage or casualties as a result of either storm. Africa Structures/ Economic Date Event Location Deaths Claims Loss (USD) 12/09-12/14 Flooding Zimbabwe 31 400+ Unknown 12/26-12/29 Flooding Democratic Republic of Congo 50 500+ Unknown Powerful thunderstorms led to widespread flooding in several provinces of Zimbabwe during the period from December 9-14. At least 31 people were killed and approximately 400 homes and 13 schools were severely damaged. At least 50 people were killed and a further 10,000 were rendered homeless following extensive flooding in the Democratic Republic of Congo from December 26-29. Torrential rainfall prompted the Kalamu River to overflow, inundating two districts of the port city of Boma, in the southwest of the country, where at least 500 homes were destroyed. Local authorities reported that damages were “extensive and serious”. Global Catastrophe Recap: December 2016 5 Aon Benfield Analytics | Impact Forecasting Asia Structures/ Economic Date Event Location Deaths Claims Loss (USD) 11/30-12/05 Flooding Vietnam 26 50,000+ 500+ million 11/30-12/07 Flooding Indonesia 10 21,050+ 10+ million 12/01-12/10 Flooding Thailand 14 9,070+ 25+ million 12/07 Earthquake Indonesia 102 12,600+ 67+ million 12/08 Earthquake China 0 18,340+ 135+ million 12/12 CY Vardah India 12 25,000+ 150+ million 12/12-12/20 Flooding Vietnam 24 112,400+ 650+ million 12/21-12/23 Flooding Indonesia 0 Thousands 74+ million 12/25-12/26 STY Nock-Ten Philippines 13 313,750+ 123+ million The North East Monsoon, enhanced by the remnants of Tropical Storm Tokage, brought heavy downpours to central portions of Vietnam from November 30 through December 5. The worst affected provinces were Bình Định, Quảng Ngãi, Quảng Nam, and Thừa Thiên-Huế where at least 26 people were killed and 50,000 homes were inundated. More than 12,730 hectares (31,460 acres) of arable land was submerged and nearly 19,000 heads of livestock and fowl were drowned.
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