White Paper

Superstorm Sandy: Is the US Prepared to Deal With the Aftermath of Increasingly Severe Storms?

XL Catlin and the Cambridge Centre for Risk Studies determine the pace of economic, social and cultural recovery in the aftermath of disasters.
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White Paper Summary

This report focuses on the US east coast region impacted by Superstorm Sandy (‘Sandy’) in 2012, as a case study of a high-income economy with relatively high GDP per capita and non-life insurance penetration. It outlines the characteristics of the immediate and long-term recovery of the region affected by Sandy, and discusses controls on recovery, such as the influence of the socioeconomic and political climates at both the regional and national levels. Further, it addresses the speed and effectiveness of disaster recovery in relation to the disaster governance and funding.

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AXA XL, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com.

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The R&I Editorial Team can be reached at [email protected]