NU Online News Service, June 9, 2:45 p.m. EDT

Catastrophe models insurers use to assess risk could help governments and aid agencies develop new approaches for sustainable development and poverty alleviation, said Rowan Douglas, chairman of the Willis Research Network.

Mr. Douglas made his comments during a meeting at the World Bank’s inaugural Understanding Risk conference earlier this week in Washington, D.C., according to insurance broker Willis Group Holdings.

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