The Natural Disasters Risk Index (NDRI), released by the global risk advisory firm, Maplecroft, has been developed to enable businesses and insurance companies to identify risk to international assets. It is calculated by measuring the human impact of natural disasters, in terms of deaths per annum and per million of population, plus the frequency of events over the last 30 years. The methodology has been refined to reflect the likelihood of an event occurring and covers disasters including earthquakes, volcanic eruptions, tsunamis, storms, flooding, drought, landslides, extreme temperatures and epidemics.
Fifteen countries are rated as 'extreme risk' in the ranking, including N11 members Bangladesh (1), Indonesia (2) and Iran (3), with Asian heavyweights, India (11) and China (12) also in the highest risk category. These are the same countries that are projected to set leading growth trends amongst emerging economies, and which feature in the supply chains of many multinational companies.
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