Country Profile I - Japan - Tokyo cat models: Is anything missing?
Source: Asia Insurance Review | Feb 2010
With its wind and earthquake exposures, Japan and especially Tokyo have become the focal point of some of the world’s most sophisticated natural catastrophe (NatCat) models. Earthquake and tropical storms are by far the most focused on perils, but Swiss Re’s Asia-based underwriters suspect there might be an iceberg lurking under the surface, and that a closer investigation of all the perils the market faces may reveal a different scenario. Mr Atsuhiro Dodo, Vice President, Property & Specialty Underwriting, and Mr Luke Johnston, Vice President, Property & Specialty Underwriting, both from Swiss Re, examine this phenomenon.
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