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|Cambridge Centre for Risk Studies model for Lloyd's on threat to world cities|
|Thursday, 03 September 2015|
New techniques developed by the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School provide the data and risk analysis for the Lloyd’s City Risk Index 2015-2025, launched worldwide today.
Using a new metric, ‘GDP@Risk’, the Centre’s ‘Catastronomics’ techniques reveal that major threats to the world’s most important cities could reduce economic output by some $4.56 trillion or 1.2 per cent of the total GDP forecast to be generated by these cities in the next decade.
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