Super Typhoon Rammasun has become the costliest weather event so far in 2014, inflicting $6.5 billion in catastrophe losses in the Philippines and China.
That’s according to the latest Global Catastrophe Recap report from Impact Forecasting, the catastrophe modeling division of Aon Benfield.
Rammasun hit the Philippines and China in separate landfalls in July. As the report noted, the storm killed at least 206 people, injured hundreds and caused massive damage to both agriculture and infrastructure. In China alone, more than 272,000 homes sustained damage from the massive storm.
As well, Rammasun inflicted additional flood and wind damage in Vietnam, according to the report.
At its worst, Rammasun reached maximum sustained winds of 87 mph and gusts as high as 170 kph, Bloomberg reported at the time the storm hit. It displaced more than 338,000 people overall, according to the story.