Promoting better understanding on sustainable disaster risk management strategies

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<title>Promoting better understanding on sustainable disaster risk management strategies</title>
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<namePart>Courbage, Christophe</namePart>
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<abstract displayLabel="Summary">Over the past 20 years, natural disaster losses have been steadily climbing in both advanced and developing countries. Disaster-related economic losses exceeded US$400?bn in 2011 worldwide, the highest ever recorded in history. The Great East Japan Earthquake alone resulted in more than US$210?bn in damages. Insured losses of over US$55?bn (out of US$177 bn total natural disaster losses) made 2012 the third most expensive year on record for the insurance industry.1 The upward trend in natural disaster losses is exacerbated by growing urbanisation, environmental degradation and expected increases in the frequency and severity of hydro-meteorological events. Developing countries are particularly vulnerable, as their regulatory systems often cannot keep pace with the rapidly growing asset bases at risk and do not have adequate resources to dedicate to reducing exposure or to effectively respond to an emergency.</abstract>
<note type="statement of responsibility">Christophe Courbage, Olivier Mahul</note>
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<title>Geneva papers on risk and insurance : issues and practice</title>
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<publisher>Geneva : The Geneva Association, 1976-</publisher>
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<identifier type="issn">1018-5895</identifier>
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<text>01/07/2013 Volumen 38 Número 3 - julio 2013 </text>
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