Natural disasters – such as tsunamis, earthquakes, cyclones and floods – are costly to society, in terms of both human destruction and financial losses. Governments ultimately bear the full cost…

Olivier Mahul |

Losses due to disasters to human and physical capital are on the rise across the world.  Over the past 30 years, total losses have tripled, amounting to $3.5 trillion. While the majority of these…

Marc Forni |