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, writes Petra Löw, a geographer and consultant at Munich Reinsurance Company,in the Worldwatch Institute’s Vital Signs Online service (www.worldwatch.org).
Of the 905 documented loss events, 45 percent were meteorological events (storms), 36 percent were hydrological events (floods), and 12 percent were climatological events such as heat waves, cold waves, droughts, and wildfires. The remaining 7 percent were geophysical events—earthquakes and volcanic eruptions. This distribution deviates somewhat from long-term trends, as between 1980 and 2011 geophysical events accounted for 14 percent of all natural catastrophes.