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The Lloyd's City Risk Index 2015-2025, a new study by Lloyd's of London, has found that $4.6 trillion of estimated gross domestic product is at risk in 301 major cities globally from 18 man-made and natural threats in the coming decade, reported Asia Insurance Review.
Researchers have estimated that 17.7% of the average annual GDP generated by the top Southeast Asian cities is at risk in the next decade. The index also found that man-made risks such as power outages, market crashes and nuclear accidents are becoming increasingly significant.
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