SANDY DISASTER: Who Will Pay?

Hurricane Sandy has made landfall. Its winds have pushed a lot of water inland, and combined with heavy precipitations, flood damages are likely to be very important. Who will pay for your losses? The answer is it depends on whether or not you have flood insurance covering your property. Warning: your traditional homeowner insurance coverage […]

Sandy: A Leadership Test Days only before the US Presidential Elections

“As of Saturday, Sandy is predicted to be a major hurricane that could hit the east coast of the US and inflict severe damages. For now it is mainly a TV event which one watches evolving live on TV. But has it continues to move North and becomes stronger, preparedness will be key. As many […]

G20 Steering Group Meeting on Disaster Risk Management. Mexico City, September 2012.

For the first time ever, the G20 has recognized the importance of addressing challenges of disaster risk management and the financial impacts of under preparedness of governments and businesses. In his quality as Chairman of the OECD Secretary-General Board on Financial Management of Catastrophes, Dr. Michel-Kerjan was invited to address senior officials from G20 member […]