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The rising frequency and severity of extreme weather events is raising questions about the long-term sustainability of traditional natural catastrophe risk transfer mechanisms such as insurance and reinsurance. Last year, it turns out, was another chart-topper insofar economic and insured losses caused by floods, hurricanes and wildfires, among other natural disasters and manmade.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?