Swiss Re: The destructive power of volcanic ash fallMarch 24 2017
It goes without saying that volcanoes in close proximity to the world’s largest cities pose a serious threat. And this
is a risk that in the past has received insufficient attention.
Swiss Re has developed a global probabilistic volcano model to support its clients in assessing volcanic risks
and in developing suitable insurance products. The model is the first of its kind in the insurance industry covering the whole world.
- August 20
The move comes as the broking group's MGA division acquires AIG's HNW home and contents portfolio.
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.