Natural disaster: Filling the $254bn insurance gap
The problem of underinsurance has been seen with a number of natural catastrophes recently. Lucia Bevere explains why relying on governments as a last resort is a risky strategy, and what insurers can do to tackle this area.
Natural and man-made catastrophes caused a record $370bn in economic losses in 2011, making it easily the most expensive year ever.
A lot of attention has been given to the ways and means by which the
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