Not very. We find that weather disasters over the last quarter century had insignificant or small effects on U.S. banks' performance. This stability seems endogenous rather than a mere reflection of federal aid. Disasters increase loan demand, which offsets losses and actually boosts profits at...

This compact but comprehensive exposé of the best international practical experience in catastrophe risk management at the country level outlines the key challenges involved in building national catastrophe insurance schemes. Clearly illustrates how countries exposed to natural disasters can...

In March 2015, a new international blueprint for disaster risk reduction (DRR) has been adopted in Sendai, Japan, at the end of the Third UN World Conference on Disaster Risk Reduction (WCDRR, March 14 - 18, 2015). We review and discuss the agreed commitments and targets, as well as the...

Since the 1990s, efforts have been made to reduce the damage caused by natural disasters, among which the Disaster Impact Assessment (DIA) System implemented in 1995 is noteworthy for its proactive response. The DIA System has undergone various institutional and technological changes to retain...