Risk transfer and re-insurance key to raising world’s disaster resilience - Opinion

With the world is meeting in Sendai, Japan to discuss disaster risk reduction and how the world becomes more resilient to them, risk transfer and re-insurance need to be emphasised as vital components of any disaster risk reduction initiative, reports Artemis.

According to the article, it is very important for those in Sendai to appreciate that the risk transfer markets stand ready to support any progress on key issues related to disaster risk and resilience. Encouraging risk transfer will encourage resilience.