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Earth observation moves closer to the risk business

26 March 2012

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Earth-observing satellites can map natural phenomena such as floods and earthquakes, track hurricanes and monitor land subsidence across the globe. This information can be valuable to insurance companies for risk and damage assessment.

Information obtained by satellite observations can save money and make the insurance industry more efficient.

As the insurance industry confronts new challenges – like dealing with climate change – it is likely that Earth observation will become increasingly important to improve existing risk assessment processes.

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