Examples of Natural catastrophe in a sentence
Natural catastrophe losses are generally weather or seismic events, in each case, having a net impact on AIG in excess of $10 million and man-made catastrophe losses, such as terrorism and civil disorders that exceed the $10 million threshold.
Natural catastrophe losses are generally weather or seismic events having a net impact on AIG in excess of $10 million each and man-made catastrophe losses, such as terrorism and civil disorders that exceed the $10 million threshold.
Natural catastrophe risk is derived separately across European and non-European regions as displayed in the ‘Region Information’ sheet.
Natural catastrophe events have major direct and indirect costs at the macroeconomic level (Hallegatte and Przyluski, 2010) and within different sectors across the economy (Loayza et al., 2012).
Natural catastrophe can be: volcanic eruption, flood, tsunami, earthquake, landslide, hurricane, tornado or wildfire.
The three main areas of risk identified for the Syndicate are natural catastrophes, liability claims and investment losses:• Natural catastrophe risks relating to climate change are the physical risks of increased frequency and severity of weather-related natural catastrophes.
Natural catastrophe losses at their highest for four years [WWW Document].
Apart from international reinsurers, many regional and national reinsurers are also looking to expand into SEA; Natural catastrophe reinsurance is developing alongside increasing use of models.
The following sections set the key sub categories of Insurance Risk recognised by the Syndicate and how they are managed: 3.1.2 Natural catastrophe risk Natural catastrophes such as earthquakes, storms and floods represent a challenge for risk management due to their accumulation potential and volatility.
Natural catastrophe risks (losses caused by natural perils or terrorism) constitute SIIGs largest underwriting risks.