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”.

Insurance could cut cost of natural disaster recovery by $7 billion: RMS


A report by U.S.-based catastrophe modeling firm Risk Management Solutions Inc. found that new types of insurance could cut the cost of natural disasters for poorer countries by nearly $7 billion, Daily News Analysis reported citing Reuters. The average cost of natural disasters to low income countries totaled more than $29 billion a year in the past 15 years, RMS said. Insurance paid for only 3% or $900 million of the average costs of earthquakes, drought or floods in 77 low and low-middle income countries, RMS added.

Read more.