On the one hand, it is important to recognize that, besides causing enormous human tragedy, the hurricanes made the nation economically worse off. Not only did output fall as the result of the storms, but households lost their homes and possessions, businesses were damaged or destroyed, and key infrastructure was wiped out. Initial estimates of losses range anywhere from $ billion to $ billion.
Banks should therefore include this topic in their contingency plans. And finally, banks should assess what Brexit means for their recovery plans. After all, it could 3/6  BIS central bankers' speeches  raise barriers and make certain recovery options less feasible. But Brexit is not just something the banks have to think about. It also raises a lot of questions for us supervisors.