New global standard proposed for disaster classification and peril terminology

First 11 of 11 paragraphs shown Insurers and researchers had proposed a new classification for two disaster groups: natural and technological disasters.
Natural disaster category: The natural disaster category was divided into six disaster groups: Biological, Geophysical, Meteorological, Hydrological, Climatological and Extra-Terrestrial.
Disaster classfications: Each group covers different disaster main types, each having different disaster subotypes.
The goal:
- Create and agree on a common hierarchy and terminology for all global and regional databases on natural disasters:
- Establish a common and agreed definition of disaster groups, main types and sub?types that is simple and self?explanatory.
Global databases to compare and exchange data: The aim was to allow all global databases to compare and exchange data at a detailed level, as well as all other databases using this standard to do the same.
The work plan: Create and agree on a common hierarchy and terminology for all global and regional databases on natural disasters; Establish a common and agreed definition of disaster groups, main types and sub- types that is simple and self-explanatory.

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