Thursday, 30 May 2013

Natural Catastrophes in 2012 Dominated by U.S. Weather Extremes

In 2012, there were 905 natural catastrophes worldwide, 93 percent of which were weather-related disasters. In terms of overall and insured losses (US$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 United States was seriously affected by weather extremes, accounting for 69 percent of overall losses and 92 percent of insured losses due to natural catastrophes worldwide