Though there were only 750 loss-producing events in 2008compared with 960 in 2007, it was still the third most expensiveyear for insurers on record, according to Munich Re. The costs areattributed to a large number of tropical cyclones and theearthquake in Sichuan, China.

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o 2008 insured losses were 50 percent higher than 2007 at $45billion. Overall losses rose to $200 billion from $85 billion in2007.

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o More than 220,000 people were killed as a result of naturalcatastrophe; Asia lost 205,000 lives to cyclones andearthquakes.

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o Hurricane Ike was the most expensive event, with $15 billionin insurance losses.

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o The number of North Atlantic tropical cyclones was higher thanthe long-term average.

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o Sixteen tropical cyclones were counted in 2008. The averagefor the warm phase is 14.7. Eight reached hurricane strength; fivewere Category 3 or higher.

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o 2008 is the fourth most severe hurricane season recorded.

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o The U.S. tornado season produced roughly 1,700 twisters,causing an aggregate loss of several billion dollars.

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