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Displaying 2 of about 2 resultsGENEVA, 21 May 2013 - Senior government officials from developing small island states and climate change experts have warned of a massive increase in human, economic and material losses in these countries if risk reduction measures are not taken urgently to mitigate the impacts of major hazards and climate change.
The warning was issued by repres…
Geneva, 11 January 2012 - Estimates of between $350 billion to $380 billion in global economic losses from disasters have made 2011 the most expensive year in history for catastrophes, according to the insurance industry.
The earthquakes in Japan in March and New Zealand in February accounted for the bulk of these losses, according to estimates issued…