Increasing damage by disasters

The year 2004 was already for the insurance economy with 29 billion Euro before the sea-quake in Asia the most expensive natural catastrophe year so far. 25 billion went on the account of hurricanes in the Caribbean Sea, the USA and Japan. In the year 2003 there was only damage of 15 billion Euro. The Sea-quake in Asia will reach the two digit billion-range damage clearly.