Thursday 26 November 2015

Global disasters likely to deepen over 6 months: UN

A group of UN experts tasked with forecasting the next disasters likely to require billions of dollars in humanitarian aid has warned of deepening crises in global hotspots from Burundi to Afghanistan over the next six months. In


FACTBOX: Disasters at Haj pilgrimage

More than 700 pilgrims were killed in a crush at Haj on Thursday, the deadliest such incident since 1990. Here are some other fatal events at Haj in past years. December 1975 - A cooking gas cylinder explodes in t


Disasters cost world economy $350bn

Natural disasters like March's earthquake in Japan will cost the global economy a record $350 billion this year, with losses for the insurance industry second only to 2005 when Hurricane Katrina hit New Orleans, Swiss Re said. The Zurich-


Disasters cost insurers $43bn in 2010

Natural catastrophes and man-made disasters cost the insurance industry $43 billion in 2010, Swiss Re, the world's second-biggest reinsurer, said on Tuesday, revising up an earlier estimate. Swiss Re also revised down its estimate of w

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