Understanding the Role of Reinsurance in Natural Disaster Recovery
Introduction Natural disasters can have devastating effects on communities, economies, and entire nations. Events such as hurricanes, earthquakes, floods, and wildfires result in significant loss of life, property, and infrastructure. In the aftermath of such calamities, recovery and rebuilding efforts are crucial. A vital yet often underappreciated component of these efforts is reinsurance. Reinsurance plays […]
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