July 2012 global catastrophe recap - Impact forecasting

An active weather pattern occurred across China during the month of July as extended periods of heavy rainfall spawned flooding and landslides in nearly two-dozen provinces. A combined 324 people died, including 79 in the greater Beijing metropolitan area during one singular event. The China Insurance Regulatory Commission (CIRC) noted that 47,000 claims were filed with payouts in excess of CNY1.12 billion (USD176 million).

Additional flooding was recorded in Asia during the month, including in Japan, Indonesia and North Korea. In Japan, the most notable event occurred over five consecutive days on Kyushu as torrential rainfall prompted flooding and 870 landslides that left at least 30 people dead.

Shifting to Europe, the worst flooding in decades struck southern Russia's Krasnodar region. At least 171 people were killed and 584 others were injured. The Emergencies Ministry confirmed that at least 7,000 homes were damaged or destroyed in the hardest-hit cities of Krymsk, Kuban, Gelendzhik and Novorossiysk. Total economic damages were listed at RUB9 billion (USD280 million). Additional floods were recorded during the month in Colombia, Central America and Nigeria.

Elsewhere, the worst drought in decades deepened throughout much of the United States. At least 4,313 record high temperatures were set during the month, as the heat also left more than 100 people dead. Total economic (and insured) crop losses were anticipated to reach well into the billions of dollars (USD).

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