While 2007 was not a landmark year in terms of catastrophes, statistics show an upward trend in the number and cost of natural and manmade disasters, according to a recent Swiss Re sigma study.

The study says that worldwide there were 143 natural catastrophes and 193 manmade disasters in 2007. These resulted in the loss of 20,000 lives and $70 billion in economic losses. Property insurers paid out $28 billion in insured losses.

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