The Risk Management Blog
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Swiss Re’s latest sigma study (full report; abstract) reveals that the final economic losses resulting from disasters (both natural and man-made) across the globe in 2010 was $218 billion — a number that dwarfs the $68 billion in damages caused by catastrophes in 2009. With unprecedented flooding, Asia was the region worst hit, with $75 [...]
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Faithful readers: the December issue of Risk Management magazine is now online here. Following tradition, we devote the December issue to recapping the Year in Risk. From the Haiti earthquake to flooding in Pakistan to the Greek debt crisis to numerous legal settlements, we cover more than 50 risk management-related issues that occurred in 2010 [...]
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Zurich has unveiled its list of the “Top Ten Megadisasters” of the past decade. The usual suspects pretty much (listed chronologically — not by their “overall business impact,” which is the basis for the list). 1. 9/11 – 2001 2. SARS – 2003 3. 2003 U.S. / Canada power outage – 2003 4. 2004 Indian [...]
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