Optimising disaster recovery : the role of insurance capital in improving economic resilience

<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/MARC21/slim http://www.loc.gov/standards/marcxml/schema/MARC21slim.xsd">
  <record>
    <leader>00000cam a22000004b 4500</leader>
    <controlfield tag="001">MAP20210033582</controlfield>
    <controlfield tag="003">MAP</controlfield>
    <controlfield tag="005">20211123135411.0</controlfield>
    <controlfield tag="008">211123s2020    gbr||||       ||| ||eng d</controlfield>
    <datafield tag="040" ind1=" " ind2=" ">
      <subfield code="a">MAP</subfield>
      <subfield code="b">spa</subfield>
      <subfield code="d">MAP</subfield>
    </datafield>
    <datafield tag="084" ind1=" " ind2=" ">
      <subfield code="a">328.1</subfield>
    </datafield>
    <datafield tag="245" ind1="1" ind2="0">
      <subfield code="a">Optimising disaster recovery</subfield>
      <subfield code="b">: the role of insurance capital in improving economic resilience</subfield>
      <subfield code="c">Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School</subfield>
    </datafield>
    <datafield tag="260" ind1=" " ind2=" ">
      <subfield code="a">London</subfield>
      <subfield code="b">AXA XL  Reinsurance</subfield>
      <subfield code="c">2020</subfield>
    </datafield>
    <datafield tag="520" ind1=" " ind2=" ">
      <subfield code="a">The report highlights that the global average of losses due to natural disasters has risen from 27,000 million dollars in the period 1970-80 to almost 200,000 million dollars in the period 2010-2019, mainly driven by global economic development and the increase in the asset value in dangerous areas, especially in fast-growing regions like Southeast Asia.
Highlights of the report suggest that each percentage point increase in insurance penetration reduces payback times by nearly 12 months; o that catastrophes in regions and countries with high insurance penetration, such as Western Europe, Japan and Australia, have an average recovery time of less than 12 months, compared to more than four years in countries with very low penetration insurance, such as Haiti and the Philippines</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080629755</subfield>
      <subfield code="a">Seguro de riesgos extraordinarios</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080590291</subfield>
      <subfield code="a">Desastres naturales</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20140016556</subfield>
      <subfield code="a">Resiliencia</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080608316</subfield>
      <subfield code="a">Recuperación económica</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080607616</subfield>
      <subfield code="a">Penetración del seguro</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080552367</subfield>
      <subfield code="a">Reaseguro</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20210036286</subfield>
      <subfield code="a">Cambridge Judge Business School</subfield>
      <subfield code="b">Cambridge Centre for Risk Studies at the University</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20200001416</subfield>
      <subfield code="a">AXA XL</subfield>
    </datafield>
  </record>
</collection>