Tag: cyclone
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Natural catastrophes cost $160 billion in 2018: companies must be ready to mitigate these risks
Hundreds of natural catastrophes killed more than 10,000 people in 2018 and caused damage and losses amounting to $160 billion, according to re-insurer Munich Re. The number and severity of these incidents should also prompt companies to thoroughly review their own business resilience, continuity and crisis management plans relative to natural disasters. The highest single loss…