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Posts Tagged ‘Insurance’

Catastrophe Bonds for Resilient Infrastructure Projects

Thursday, December 31st, 2015
Natural catastrophe losses: Insured vs uninsured losses, 1975-2014

RE:FOCUS PARTNERS
Investing in resilience is complicated. Like healthcare, there are multiple strategies that can and should be combined to improve overall health. For example, there are things you can do regularly to ward off risks (preventative care), other options to address acute conditions (treatment or medical intervention), and finally actions you can take to ensure that illness doesn’t bankrupt you or those who depend on you (health and life insurance)…Strategies to protect communities from disasters follow a similar pattern. Projects to increase resilience—infrastructure upgrades or new protections—are designed to reduce the physical risks of damages. Once prevention is no longer an option, disaster response and recovery measures, including disaster aid and reconstruction funds, are designed to help the system recover and rebound back to health more quickly.

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