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The main driver of the high insured losses was an active hurricane season in the North Atlantic. In addition, the combined insurance losses from all wildfires worldwide were $14 billion, the highest ever in a single year.
The sharing economy model requires a different approach to risk management based on understanding the behavioral economics of consumer preferences and attitudes during risk.
The sharing economy model requires a different approach to risk management based on understanding the behavioral economics of consumer preferences and attitudes during risk.
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