This was a glaring indication in the increase in severity of extreme weather events over the last two decades.
India suffered not only in terms of economic damages, but these events led to approximately 1300 casualties.
According to the report, China suffered the most in Asia, with $18.4 billion in damages.
While these statistics only account for flooding the report also emphasised on the impact of storms in continent. These disasters caused $4.4 billion in damages in India, followed by $3 billion in China and $2 Billion in Japan.