Hall: Are You Prepared for the 'Worst Case Scenario'?
- Published on Thursday, 20 September 2012 16:35
- Written by Mike McClain, Web Editor
The continued news on the financial and employment losses of Hurricane Isaac is a poignant reminder of the threat natural disasters pose to business and economic growth. Last year alone, global economic losses from natural disasters totaled a remarkable $370 billion (U.S.), according to Swiss Re [SR9-FF 50.915 0.123 (+0.24%) ]. Many businesses aren’t able to recover from the devastating losses that often accompany a natural disaster. In the U.S., for example, more than 40 percent of businesses never reopen after experiencing a natural disaster.
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