According to the report, there were an estimated 163 natural disaster events in 1H 2019, which was below the 18- average of 180 and the median of 182. There were at least 17 separate billion-dollar economic events in 1H 2019 – led by the United States and Asia Pacific (APAC) with six events each; Europe, Middle East and Africa (EMEA) with four events, and the Americas with one event.

There were no immediate reports of casualties or damage to the property as a result of the quake. No Tsunami warning has been issued.
Indonesia is highly susceptible to earthquakes and tsunamis as it lies in the highly seismic ‘Ring of Fire’, an area in the basin of the Pacific Ocean.

Michal Lorinc, Catastrophe Analyst within Aon’s Impact Forecasting team, said: “An active start to summer in the Northern Hemisphere featured many large-scale weather events including severe thunderstorms, flooding, extreme heatwaves, and drought. Europe was at the center of many of these perils as record temperatures engulfed parts of France, and large hail and damaging winds led to more than USD730 million in insured costs in Germany alone. Impact Forecasting currently has a fully probabilistic hail model available for several European countries to help clients better understand the growing risks associated with hail to property exposure.”