These Insurance Claim Amounts Might Shock You

14: China Earthquake Insurance Claims – $1B

In 2008, China’s  Sichuan Province was hit by an earthquake of magnitude 8.0 that killed almost over 69,000 people and injured another 374,175. The natural disaster destroyed over 80% of all buildings in the zone of the affected area.

The damages were estimated to be in the ranges of $20 Billion but only $ 1 Billion was paid in insurance claims leaving approximately 5 Million people homeless.