Tokyo riskiest city due to natural disaster exposure: Study
ZURICH (REUTERS) - Japan's Tokyo-Yokohama region is the riskiest place in the world to do business, in terms of the potential human and economic costs of a possible natural catastrophe, a study found on Wednesday.
The study, by reinsurer Swiss Re, ranked 616 cities around the world based on the exposure of their population and economy to floods, storms, storm surges, earthquakes or tsunamis.
Manila in the Philippines and the Pearl River Delta in China came second and third in the list of riskiest urban areas after Tokyo, in terms of the number of people exposed to natural catastrophes, while Los Angeles was the highest ranking metropolis outside of Asia, in ninth place.
Swiss Re's analysis is based on its risk profiles for regions, coupled with population data to rank cities according to the number of people potentially affected.