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Study reveals most large companies exposed to natural disasters but many underprepared

Source(s): FM Global
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2008 Natural Disaster Business Risk Study reveals that 96% North-American company are exposed to natural disasters, yet less than 20% among them are concerned about the incidence of disasters.

'The findings reveal a surprising and concerning gap between the levels of natural catastrophe exposure among North America’s largest companies and their level of preparedness,' said Ruud Bosman, executive VP, 'especially given that, in the first half of 2008, there were about 400 natural catastrophes worldwide with overall losses expected to top US$50 billion'.

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Hazards Cyclone Earthquake Flood
Themes Insurance and risk transfer
Country and region Albania
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