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.
Just over 220 years have passed since the death of one of the most distinguished mathematicians in history: Daniel Bernoulli, who died on March 17th, 1782. The name of Bernoulli asks for precision since the family from Basle produced no fewer than eight outstanding mathematicians within three generations.