Over the course of two decades, the number of global natural disasters had exceptionally tripled causing thousands of lives perished in a single blow. Back in the 80’s, there were around 120 large natural disasters per year. Fast forward today, this figure is multiplied by 5. In 2012, the world witnessed how Hurricane Sandy wiped away towns and cities amounting to a total loss of about $28.2 billion, combining private insurers and government-sponsored programs with approximately $65 billion worth of economic loss between the United States, Canada, the Bahamas and the Caribbean. A year ago, about 84 percent of economic losses happened outside of the United States including Typhoon Haiyan, who demonstrated the real and ever-present potential for large-scale destruction, damaging the Philippines, Vietnam and China. Floods hitting India and Nepal in June resulted in 6,748 deaths, while an earthquake in Pakistan killed 825 individual in September. The most expensive event all year was a series of floods in Central Europe, which cost a total of $22 billion in economic losses. Extreme unpredictable weather conditions not only took lives but bore economic holes even to highly-developed nations with technologically advanced weather facilities.