As of 2020, the economic loss due to natural disaster events worldwide amounted to USD 268 billion. Insurance broker Aon reported that insured losses from natural disasters reached USD 42 billion in the first half of 2021. Are the economies ready for the aftershock of disasters? We discussed the economic losses caused by natural disasters, how the corporates and governments should get ready for future, as well as changing insurance sector dynamics with Prof. Dr. Emre Alkın.