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Investing in Resilience

January 25, 2018 14:55
The National Oceanic and Atmospheric Administration (NOAA) recently issued its annual report on the damage caused by natural disasters during the past year. Not surprisingly, 2017 holds the unwelcome record of being the most damaging year since NOAA began tracking these statistics. Sixteen natural disasters during 2017 each caused more than $1 billion in damage, and account collectively for a total of $306.2 in losses. While this statistic is staggering enough, it does not account for the destruction caused by smaller, but still powerful, natural events.

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