Natural hazards adversely affect hundreds of thous

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Natural Hazard Mitigation and Insurance: The U.S. and Selected Countries Have Similar Natural Mitigation Policies but Different Insurance ApproachesHazard

Our Price: $25.00

By Orice M. Williams (au)
Year: 2008
Pages: 42
Binding Paperback

Product Code: 1437912915

Description

Natural hazards adversely affect hundreds of thousands of people worldwide each year and cause extensive property damage. In 2007, natural hazards caused an estimated 14,600 deaths and $70 billion in property losses, and the insurance industry covered $23.3 billion in losses. In catastrophic loss years, such as 2005 -- the year that saw Hurricane Katrina -- losses can be far greater. This report: (1) identifies policies used by other countries to reduce losses caused by natural hazards; (2) examines the extent of international cooperation among selected countries, including the U.S., to mitigate natural hazards; and (3) identifies approaches that other industrialized countries use to insure natural hazard risk and regulate insurers. Illus.

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