单词 | natural catastrophe |
释义 | natural catastrophe in Insurance (nætʃərəl kətæstrəfi) Word forms: (regular plural) natural catastrophes noun Related wordsAn accident or event that happens because of natural causes can also be called anact of God. Force majeure is similar, but also includes events caused by humans, such as war.(Insurance: Commercial insurance) A natural catastrophe is an unexpected event, caused by nature, such as an earthquake or flood, in which there is a lot of suffering, damage, or death. The lessons learned from earthquakes and hurricanes provide important strategiesto understand natural catastrophe risk exposures. The policy rider covers a company in case of loss of revenue due to forced shut-downbecause of a natural catastrophe such as an earthquake or a fire or flood. A natural catastrophe is an unexpected event, caused by nature, such as an earthquake or flood, in whichthere is a lot of suffering, damage, or death. |
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