Manmade catastrophes can devastate communities, cause widespread economic losses and break businesses’ reputations. After the human and economic loss wrought by SuperTyphoon Haiyan in the Philippines and also the tornadoes in the American mid-West, it isn’t surprising that natural catastrophes have dominated the headlines in 2013. But the minds of many risk professionals have also been exercised by manmade disasters this year, after a series of deadly events resulted in countless personal tragedies and corporate recriminations.
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