The Fukushima-Daiichi nuclear disaster was the most severe nuclear disaster since the Chernobyl disaster in 1986 - and the aftermath is far from over.
Fukushima is a tragic example of the dismal effects that self-reinforcing exponential processes can have; if not contained at the very begining, they can lead to disproportional and irreversible effects that require enormous mitigation efforts.
Dr Matthias Hackl, Head of Cat Research and Development,
Allianz SE Reinsurance
Reproduced with permission of Insurance Asia News, May 2021
