5. Glossary
Cat-Nat
French system of compensation for damage caused by natural disasters, based on national solidarity.
Catastrophe; disaster
An event that affects a specific area and whose scale and cost of damage cause serious disruption to a company's operations.
Extreme weather event; extreme event
Meteorological event whose intensity is outside the usual range observed.
Vulnerability; Vulnérabilité
The way in which a company is exposed to risk. It can be physical, moral, material or economic.
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