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20 years

Monday, October 28, 2013

Crisis Preparedness Is A Small Investment

In the first half of 2013, according to Swiss Re, natural catastrophes and man-made disasters caused insured losses of $20 billion. Including non-insured losses the January-June total was $56 billion of total economic losses. This is down from 2012’s $77 billion in insured losses and total economic losses of $186 billion. Given the numbers, Crisis Preparedness (Planning, Auditing, and Training) is a small investment.