They could also result in reputational damage, loss of stock value to shareholders, retaliatory actions, and diplomatic crises.
FORBES: Caution: Active Response to Cyber Attacks Has High Risk
However, with disasters comes property damage or loss, both partial and total, which may provide for a tax deduction.
Statistically, tsunamis in the Mediterranean are more frequent than those in the Indian Ocean and have caused extensive damage and loss of life during centuries.
Former Greek Foreign Minister Stavros Dimas called the suggestion "insulting, " and said Germany should pay reparations for the damage and loss of life the country inflicted on Europe during the Second World War.
On 20 December 2012, the Government of Samoa requested support from the World Bank to work with other developing partners on a Damage and Loss assessment (DALA) as Post-Disaster Needs Assessment (PDNA), reflecting on the successful and coordinated Government-led response following the tsunami of 2009.
UNESCO: Programme meetings | United Nations Educational, Scientific and Cultural Organization
The signatories of the letter have expressed their concern over the damage and loss inflicted on the National Museum of Iraq in Baghdad and other museums, libraries and archives, the looting of archaeological sites, and the damage to historic monuments that took place during the war and subsequent occupation.
So what's going to be the damage from the loss of the cherished AAA?
The infection can stop a baby breathing or lead to pneumonia, brain damage, weight loss and death.
Those who survive might suffer serious complications including brain damage and hearing loss.
Luckily the damage and the loss of life in Japan, though in the hundreds of thousands, was not 700 times larger.
Gov. Bob McDonnell has joined in the chorus warning against the economic damage and job loss scheduled defense cuts would cause.
This operation is intended to restore bladder function to people with spina bifida, a congenital defect that causes nerve damage and a loss of sensation and muscle function below the waist.
On repairing the damages, I can confirm that any individual, homeowner or business that has suffered damage to or loss of their buildings or property as a result of rioting, can seek compensation under the Riot Damages Act, even if uninsured.
But after loss and damage there will be mass re-locations if we continue with this loss of ambition.
In the end it's questionable how much extra money a Loss and Damage Mechanism might bring.
Mr Fischer said he suffered "loss and damage of injury to his feelings" and had sought compensation.
And that I think expands throughout the Gulf in order to deal with legitimate claims for economic loss or damage.
Hurricane Sandy made landfall on October 29, 2012, resulting in major flooding, extensive structural damage, and significant loss of life.
He had spent five months in a Chinese hospital, recovering from broken bones, neurological damage, and the loss of his kidney and spleen.
Officials said the plane suffered more damage than originally thought in the collision, including the propeller damage, and the loss of wing flaps and the air speed indicator.
Sometimes it is quite minor, only causing you to be dissatisfied with someone, and other times there is real negative impact, like reputation damage or even financial loss.
The costs are borne by others, perhaps for many years, in the form of discomfort, health damage, and the loss of the pleasures and benefits of a clean environment.
Developing countries are attempting to bolt down as many commitments as possible and they sense that there may be some movement on a new mechanism for loss and damage.
They also want the UN to monitor and assess losses, and to find new approaches for addressing loss and damage, particularly for slow-onset events like, say, sea level rise.
It will be better for the US to realise that the principle of compensation is inevitable - and negotiate a limit on Loss and Damage rather than leave the liability unlimited.
Compensation is an increasingly hot issue in the talks, with small nations demanding the inclusion in any 2015 agreement of a "loss and damage mechanism" whereby rich nations would pay them to rebuild from, say, extreme storms.
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The more lasting damage has come from the loss of buoyancy in property tax.
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