Saturday 23 November 2024
 
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natural disasters

Insurance cost of natural disasters falls in 2015

Insurance claims from natural disasters such as storms and earthquakes fell to $27 billion in 2015 as the overall cost of natural catastrophes dropped to its lowest level since 2009, reinsurer Munich Re said on Monday. The climate

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Large earthquakes hit north Thailand border

Two large quakes with a magnitude of 7.0 struck near north Thailand's border with Myanmar and Laos, the US Geological Survey reported. Witnesses said the tremors were felt in Bangkok, Myanmar and as far away as the Vietnam capital of H

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UN plan to fight disasters on way

A global blueprint of where natural disasters are most likely to strike and how to minimise the loss of life will be unveiled in Bahrain next week. Bahrain helped finance the UN Global Assessment Report on Disaster Risk Reduction, which wi

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