@article {bnh-2358, title = {Volcanic eruptions and disruptions}, year = {2015}, month = {10/2015}, abstract = {

In recent years, volcanic eruptions have severely disrupted air travel, causing widespread havoc on economies, and losses for insurers. Emma Phillips of Risk Frontiers explores the direct and indirect impacts of volcanoes.

The insurance industry strives to estimate the cost and understand the impact of future natural hazard events. Insurers and reinsurers have been the key risk takers and, ultimately, the shock absorbers in today{\textquoteright}s modern world (Haueter, 2013). Through research in areas such as engineering, economics, earth sciences and geography, we have come to better understand the direct impact natural hazard events have on the built environment.

}, url = {http://www.actuaries.digital/2015/10/08/volcanic-eruptions-and-disruptions/}, author = {Phillips, E} }