Preparing for the "big three" natural catastrophes - earthquakes, floods and wind storms - is about understanding your exposures: not just known factories, warehouses or primary suppliers, but unknown exposures such as secondary suppliers who may be located in the hazard area.
As this round-up from AIRMIC 2017 shows, the key factors in recovery are a robust emergency response plan and speed of loss settlement. While flood, earthquakes and wind account for a third of losses around the globe, the majority of the damage can be limited through simple measures.
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