The management of natural disasters: earthquakes and catastrophic risks. The role of insurance industry.

Recent research conducted result is evident the increase in recent decades, the costs and therefore the economic value of the damage caused by natural disasters. This phenomenology that can only be attributed also to the increased concentration of populations residing in the city, which become larger and larger and that have developed in areas characterized by a territory too often exposed to strong catastrophe risks. The analysis and comparison of databases shows that in future disasters will be more frequent and disastrous in the world. In this paper we took to represent the possible instruments to bridge the gap of knowledge, and more generally, the experience so far identified in the scientific literature that today still represent a substantial obstacle to the proper construction of a possible range of instruments fully supported and able to provide full coverage of catastrophic risks Experience has shown that for the success of any initiative complex human need to limit the risk of governance. Insurance companies during the crisis have highlighted critical in the management of the business but also solutions, which have emerged as international experience, the evolution towards a new governance. The allocation of risk is to deploy its effect on a different proportion of the population or wider, while the reduction of the risk involves scaling the amount of losses that are realized.