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Studies have indicated that that extreme weather fuelled by climate change may become a relevant factor affecting sovereign ratings of vulnerable countries such as the Philippines, not to mentioned reversals to economic growth and huge loss of lives.

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                    [Title] => Natural disasters cost $56 B worldwide
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Total economic losses from natural disasters worldwide reached $56 billion  in the first six months of 2013, based on initial data compiled by a prestigious global reinsurer.

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SWISS REINSURANCE

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abtest

Climate change impacts on sovereign rating

July 22, 2014 - 12:00am

Studies have indicated that that extreme weather fuelled by climate change may become a relevant factor affecting sovereign ratings of vulnerable countries such as the Philippines, not to mentioned reversals to economic...

Banking

Natural disasters cost $56 B worldwide

September 3, 2013 - 12:00am

Total economic losses from natural disasters worldwide reached $56 billion  in the first six months of 2013, based on initial data compiled by a prestigious global reinsurer.

Banking