Reports have shown that preliminary results of a catastrophe modelling study presented recently at the Third UN World Conference on Disaster Risk Reduction show little prospect of reducing economic losses from present levels of $240 billion per year.
Dr. Milan Simic, Senior Vice President of AIR Worldwide, said the study normalized the economic losses from major natural disasters over the last twenty years and found that they oscillate around a baseline value of $240 billion.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article