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Global distribution of natural catastrophes in 2012

07.01.2013  |  Thinnes, Billy,  Hydrocarbon Processing Staff, Houston, TX

Keywords: [natural catastrophe] [flood] [hurricane] [storm] [tornado] [destruction] [insurance] [trends] [safety]

In 2012, there were 905 natural catastrophes worldwide, 93% of which were weather-related disasters. In terms of overall and insured losses ($170 billion and $70 billion, respectively), 2012 did not follow the records set in 2011 and could be defined as a moderate year on a global scale. But the US was seriously affected by weather extremes, accounting for 69% of overall losses and 92% of insured losses due to natural catastrophes worldwide. This information is derived from a report compiled by the Worldwatch Institute.

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