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Re-insurer: Climate change played a role in natural disaster spike
Climate change played a role in a nearly five-fold jump in weather-related natural disasters in North America over the last 30 years, Munich Re, the world’s largest reinsurer, said on Wednesday. North America saw the world’s biggest increase in natural catastrophes between 1980 and 2011, ahead of Asia which had…
Research: Asian economies most at risk for natural disaster crisis
Asian countries dominate a league table of economies most at risk from earthquakes, floods, storms and other natural hazards, according to research published on Wednesday. In an assessment of 197 countries, British risk consultancyMaplecroft said six Asian countries were among the 10 countries whose economies were most vulnerable to catastrophes. The list is headed…
Japanese firm to market personal-sized tsunami escape pod
A Japanese company is marketing a family-sized earthquake and tsunami escape pod to clients who fear a repeat of the disasters that hit Japan earlier this year. The bright yellow, spherical fiberglass pod is manufactured by New Cosmo Power. and has been named “Noah.” It costs $3900 for the four-person…
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