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Natural Disasters
Severe and sudden natural events caused by environmental factors that can result in substantial damage and pose significant risks to life, property, and economic stability.
Future Events
Prospective occurrences or situations that have not yet happened but may affect an entity's operations or financial performance in subsequent periods.
Contingent Liability
A potential financial obligation that may occur in the future depending on the outcome of a specific event.
Lawsuits
Legal actions or proceedings brought by one party against another for enforcing or defending a legal right.
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