DISASTER RESPONSE: BURNED BY WILDFIRE LOSSES, INSURANCE INDUSTRY RETHINKS RISKS
LAURIE GOERING, of Thomson Reuters Foundation, reports on how insurance companies are looking to the future in the face of rising economic costs from disasters…
“Insurance gap” threatens disaster-vulnerable poor nations, says Lloyd’s
Thomson Reuters Foundation Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of insurance, industry experts said on Monday. Globally, assets worth about $US163 billion are not insured against catastrophes, posing a “significant threat” to livelihoods and prosperity, London-based […]
Rising disaster risk but little insurance interest in Pacific islands
Thomson Reuters Foundation Pacific island nations are some of the world’s most disaster-prone countries, yet only a handful have signed up to an insurance scheme that dispenses rapid payouts in a crisis – a situation experts hope to change. The United Nations says only about eight per cent of disaster losses are covered in the […]
US: TO KEEP CHURCHES SAFE, GOVERNMENT GETS INVOLVED
In the wake of November’s mass shooting at the First Baptist Church in the Texan community of Sutherland Springs, G JEFFREY MACDONALD reports from the US on how government agencies have been working with churches to improve security…