Login Register Subscribe
Current Issue


BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Natural disasters cost more than $500 billion in consumption losses: Report


A report by The World Bank Group has found that global natural disasters cost $520 billion of consumption loss annually, which is 60% larger than asset losses, Bloomberg reported. The estimate is based on the effects of disasters such as floods, windstorms, earthquakes, and tsunamis on people's well-being, measured by the decline in their consumption. Asia Pacific is the world's most vulnerable region to natural disasters, accounting for 40% of the global tally, the report said.

Read more.