California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters
Hurricane Florence was 2018's third costliest disaster at $14 billion.
Japan was hard-hit with disasters as well in 2018, with at least seven typhoons that hit the country's islands. The costliest was Typhoon Jebi with overall losses of $12.5 billion, making it the fourth costliest worldwide.