This is the 3rd time in the past 12 months the Philippines have set a new disaster record
With a preliminary death toll of 1,200, Haiyan already ranks as the 8th deadliest typhoon in Philippines history. The deadliest typhoon in Philippines history was Typhoon Thelma of 1991, which killed between 5101 - 8000 people, reports wunderground's weather historian Christopher C. Burt in his latest post on Philippines typhoon history. Haiyan will become the deadest typhoon in Philippines history if the estimates today of 10,000 dead hold up.
Bloomberg Industries is estimating insured damages of $2 billion and total economic damages of $14 billion, making Haiyan the most expensive natural disaster in Philippines history.
This is the third time in the past 12 months the Philippines have set a new record for their most expensive natural disaster in history. The record was initially set by Typhoon Bopha of December 2012, with $1.7 billion in damage; that record was beaten by the $2.2 billion in damage done by the August 2013 floods on Luzon caused by moisture associated with Typhoon Trami.
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