Recipes for disaster

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By Guanjun Jiang, Sean McAllister , Linda Nicholls, Christine M. Fleming, Jason B. Kurtz, Joy A. Schwartzman, Toshio Tanaka | 09 June 2011

Events such as the Tohoku earthquake in Japan are always tragic. While insurance cannot replace lost lives and livelihoods, appropriate insurance and other risk transfer mechanisms can accelerate the recovery process.

Examining differences among uninsured loss figures from recent natural disasters in Japan, New Zealand, Australia, Chile, Haiti, China, and the U.S can illuminate how different countries manage catastrophic risk.

Originally published in Best's Review.

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Insurance