Cover Story – CATs : Floods and ‘Acts of God’ - Catastrophic upheavals
Source: Asia Insurance Review | Jun 2011
What an upheaval it has been for the first three months of this year. In our Cover Story, catastrophe experts share aspects of these disasters: the tragic loss of lives in the Tohoku earthquake and tsunami; why cat models seem lacking under the different characteristics of typhoons. We also look at the lessons to be learnt and why rates need to be increased, while driving towards a future road map for CAT insurance.
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