Sandy: A Loss Comparison

On Oct. 29, at 8 p.m. EDT, Hurricane Sandy made landfall 5 miles (10 km) south of Atlantic City, N.J., near 39 degrees 24 minutes north latitude and 74 degrees 30 minutes west longitude Photograph by NOAA/NASA/University of Wisconsin-

Hurricane Sandy was among the most devastating storms recorded on the U.S. East Coast, even with the losses still being tallied. The costs in lives and dollars are tragic, but Sandy’s toll is less than those of many recent catastrophes. Cyclone Nargis killed 138,000 people when it ravaged Myanmar in May 2008. Sandy cut power for 8 million customers; a grid failure in India this summer left 640 million in the dark. Here’s how Sandy compares, so far, with Hurricane Katrina and with the Tohoku earthquake and tsunami that struck Japan in March 2011.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.