Swiss Reinsurance Company ranked India at what position in its global worst catastrophe list based on disaster losses?

Difficulty: Easy

Correct Answer: Second

Explanation:


Introduction / Context:
This question refers to a report by Swiss Reinsurance Company, often called Swiss Re, which analyses global natural and man made catastrophes and their economic and human impacts. The question asks at what position India was placed in a list of worst affected countries in terms of catastrophe losses. Such rankings are frequently used in competitive exams to test awareness of disaster risk and economic vulnerability.


Given Data / Assumptions:

  • The organisation mentioned is Swiss Reinsurance Company.
  • The context is a global list of worst catastrophe affected countries.
  • India is somewhere in the top part of this list, indicating serious impact.
  • The options provide different numerical positions, from first to fifth.


Concept / Approach:
Swiss Re s sigma reports often rank countries by catastrophe related losses. In the relevant report, India was listed as the second worst affected country in terms of number of people impacted or economic losses, depending on the metric. The top position was typically taken by another country such as China. Therefore, the correct approach is to recall that India was not first but was high on the list, specifically in second place.


Step-by-Step Solution:
Step 1: Remember that Swiss Re publishes an annual sigma report on natural catastrophes and man made disasters. Step 2: Recall reading that India featured prominently in the report as one of the worst affected countries by catastrophes in the corresponding year. Step 3: Identify that India was placed second on the list, just behind the top ranked country, usually China or another highly exposed nation. Step 4: Match this recollection with the options and select Second as the correct position.


Verification / Alternative check:
If you review news coverage of the Swiss Re sigma report for that year, headlines repeatedly mention that India was the second worst affected country in the world in terms of catastrophe impact. Some articles compare India and China directly in terms of number of people affected. None of these reports suggest India being first, third, fourth or fifth; they consistently emphasise the second position.


Why Other Options Are Wrong:
First: India was not placed at the very top; another country had greater measured impact according to the report. Third, Fourth, Fifth: These positions understate the level of catastrophe exposure and contradict the specific ranking given by Swiss Re, which clearly identified India as the second worst affected.


Common Pitfalls:
Some candidates assume that because India often experiences floods, cyclones and droughts, it must be first on any such list, leading them to choose First. Others recall that India was among the top affected but misremember the exact rank and pick Third or Fourth. The key is to remember the wording of contemporary news items that highlighted India as second only to another country in catastrophe impact.


Final Answer:
Swiss Reinsurance Company ranked India in the second position in its global worst catastrophe list.

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