The event is ongoing, but given under-insurance or a lack of any ... flood insurance across some of the hardest-hit areas in Missouri and Illinois, much of the flood loss is not expected to be covered by insurance.

More Quotes by Steve Bowen

Steve Bowen, director and meteorologist at Aons impact forecasting team, said in a news release. WEATHER HIGHLIGHTS OF 2019 : HERE ARE THE BIGGEST MOMENTS, FROM POLAR VORTEX TO HURRICANE DORIAN The area that was worst hit in the last decade was the Asia-Pacific region, which accounted for 44 percent of the total amount of economic losses, according to the report. In 2019 one of the greatest disasters was when Typhoon Hagibis struck Japan in October, causing 99 deaths and $ 15 billion in economic losses. ( National Oceanic and Atmospheric Administration Satellites - Public Affairs) In 2019, one of the greatest disasters was when Typhoon Hagibis struck Japan in October, causing 99 deaths and $ 15 billion in economic losses. In its report, Aon said intense weather events, bigger populations in the path of disasters and greater supply chain disruption in a globalized economy contributed to the sharp rise in overall economic damage. The runway at Offutt Air Force Base can be seen covered by floodwaters from the Missouri River during flooding in 2019. ( 55th Wing Commander/Facebook) The costliest individual disaster in 2019 was inland flooding, which created losses of $ 82 billion, while tropical cyclones caused economic losses globally around $ 68 billion. In the U.S., floodingspawned by the bomb cyclonein the Midwest caused economic losses of over $ 20 billion, the report noted. 10 DEADLIEST US TORNADOES ON RECORD According to National Oceanic and Atmospheric Administration, 2019 was the second-hottest year in the agencys 140-year climate record, just behind 2016. The agency also noted that the worlds five warmest years have all occurred since 2015, with nine of the 10 warmest years occurring since 2005. Scientific research indicates that climate change will continue to affect all types of weather phenomena and subsequently impact increasingly urbanized areas.