Bill Donnell, Head of Property & Casualty in the Americas, Swiss Re
Stations, the following is a news announcement. Suggested lead in 3, 2, 1 …
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As we approach the one-year anniversary of Hurricane Sandy, a recent survey has shown that more than half of New Yorkers believe the city’s vulnerability to another powerful storm will increase in the next 20 years.
Bill Donnell, Head of Property & Casualty in the Americas for global reinsurer Swiss Re, says this survey shows that people still feel very vulnerable and it’s important to continue to look for and implement ways to increase resilience to major natural disasters.
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WE WORKED CLOSELY WITH GOVERNMENT OFFICIALS IN NEW YORK CITY TO LOOK AT WAYS TO INCREASE THE CITY’S RESILIENCE TO CLIMATE CHANGE AND SEVERE WEATHER EVENTS. FOR ONE HUNDRED AND FIFTY YEARS, WE’VE BEEN IN THE BUSINESS OF ANALYZING RISK. LAST YEAR, NATURAL DISASTERS COST THE GLOBAL ECONOMY ONE HUNDRED AND SIXTY BILLION DOLLARS. SOME PEOPLE QUESTION WHETHER WE CAN AFFORD TO MAKE OUR CITIES MORE RESILIENT. MY QUESTION TO THEM IS CAN WE AFFORD NOT TO?
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For more survey results, visit riskwindow.swissre.com.