What would the second largest insurance company know anyway? They're only a business that pays out (in theory, at least) after natural disasters.
There were 950 natural catastrophes in 2007 compared with 850 in 2006, the highest number since the group started compiling its closely watched annual report in 1974.
The total cost of disasters in 2007 was 75 billion dollars (51.5 billion euros), while the bill for 2006 was 50 billion dollars.
