Disaster Insurance / Reinsurance

The insurance and disaster management industries are closely related; dealing with the risk of natural disaster and managing the events following disasters. Reinsurance companies work to understand the need of its potential customers and the risks to which they may be exposed. 

Farmer in a field in El Salvador
To reduce risks from natural disasters and build climate resilience, decision makers are using NASA Earth observations to develop index-based insurance products and protect low-income customers in Central America, especially in the region known as the Dry Corridor.
GPM Earth Day 2020 Banner
On April 22, 2020, people around the world will celebrate the 50th anniversary of Earth Day, embracing our commitment towards understanding the planet’s environmental processes and protecting it for future generations. In support of this global event, NASA is highlighting the agency’s contributions to the environment with a week of online events, stories, and resources.
Farmers looking at an App
Unexpected shocks from natural hazards can affect populations throughout the globe, threatening sustainable development and resilience. However, the impacts of these events, such as extreme precipitation or drought, disproportionately affect the developing world where individuals often are not insured and live and work in conditions that leave them vulnerable to natural disasters. This can lead to significant economic and environmental challenges if preventive measures or mitigating measures are not taken in time. To reduce risks from natural disasters and build climate resilience, decision...