How Long the Global Insurance System will Survive Under the ‘New Normal’ of Global Natural Disasters?

6 Jan

Written By Dr. Ziva Rozen-Bakher

https://www.rozen-bakher.com/timeline-risks/05/10/2022/1502

Published Date: 05 October 2022 at 15:02

Risks Timeline by Dr. Ziva Rozen-Bakher

Comments on Contemporary Risks by Dr. Ziva Rozen-Bakher

From other Research Activities of Dr. Ziva Rozen-Bakher:

Monitoring Risks by Dr. Ziva Rozen-Bakher: Analysing Risks in-Depth of Political Risks, Economic Risks, and Strategic Risks

Global Risks by Dr. Rozen-Bakher: Stimulating Thinking ‘Out of the Box’ on Ongoing Global Problems that have no Clear Solutions

Dr. Rozen-Bakher’s Blog on Foreign Direct Investment (FDI) and International Trade to Identify Risks versus Opportunities

Dr. Rozen-Bakher’s Twitter Lists and Twitter Hashtags to Identify Risks for FDI and International Trade

05 October 2022 at 15:02. Each day around the globe, we witness to natural disasters, one after another, and no end is in sight. Earthquakes, volcanic eruptions, Hurricanes, Tornadoes, Taifon, Tsunamis, floods, droughts, slidelands and more. Insurance firms need to pay, day after day, unprecedented damages to their customers worldwide, and the big question until when the insurance firms will survive under this ´New Normal´. The collapse will be like an ´Effect Domino´, so under the current reality, it is not if it will happen but when it will happen. Governments should be ready for this bad scenario.

🇺🇸 President Joe #Biden is in #Florida today to look at the aftermath of #HurricaneIan, after more than 100 people were killed in one of the most powerful storms to ever hit the US.@leomcguinn gives a closer look at the devastation, and the bipartisan show of support ⤵️ pic.twitter.com/sGCDuSBSqL
— FRANCE 24 English (@France24_en) October 5, 2022