July 2013

Trends and Resources

HP Impact: Global distribution of natural catastrophes in 2012

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 f..

Thinnes, Billy, Hydrocarbon Processing Staff

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. Of the 905 documented loss events, 45% were meteorological events (storms), 36% were hydrological events (floods), and 12% were climatological events such as heat waves, col

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