Past Events › Disasters and Relief

"In recent years, typhoons have struck the Philippines and Vanuatu; earthquakes have rocked Haiti, Pakistan, and Nepal; floods have swept through Pakistan and Mozambique; droughts have hit Ethiopia, Kenya, and Somalia; and more. All led to loss of life and loss of livelihoods. Responses were often late, underfunded and poorly coordinated, and recovery will take years. Do extreme events have to turn into disasters with huge loss of lives and suffering? Can we learn from insurance, and use innovative risk financing…