How Asia's 2011 natural disasters affect insurance
11 January 2012 Last updated at 05:22 GMT
One industry that knows all about risk is the insurance sector. It has had to pay out billions of dollars in claims following last year's natural disasters in Japan, Australia and Thailand.
The BBC's Puneet Pal Singh spoke to Simon Machell, chief executive of insurer Aviva Asia Pacific and asked if the events of 2011 had changed the way they were doing business.