Insurance companies like Swiss Re are looking for ways to provide micro-insurance to small businesses, like this bakery, in countries that are likely to be hard hit by natural disasters, such as Guatemala. (Photo: Jorge Barrientos, MiCRO)

Guatemala is highly exposed to natural disasters.

Hurricanes, landslides and volcanic activity are hazards that often impact the country. In 2010 alone, two consecutive disasters — Tropica Storm Agatha and the eruption of the Pacaya volcano — caused an estimated $1.55 billion of damage, accounting for 4.1 percent of the country’s gross domestic product.

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