Author: Shane Latchman
Insurance companies offer protection against rare but catastrophic events like hurricanes or earthquakes. But how do they work out the financial risks associated to these disasters? Shane Latchman investigates. |
Hardly six months go by without a natural disaster striking some part of the globe. While it's next to impossible to predict these catastrophes, let alone prevent them, mathematical modelling gives a way to prepare for their impact. Shane Latchman explains.
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