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The impact of natural disasters on insurances
The impact of natural disasters on insurances
The impact of natural disasters on insurances
The impact of natural disasters on insurances
The impact of natural disasters on insurances
The impact of natural disasters on insurances
The impact of natural disasters on insurances
The impact of natural disasters on insurances
The impact of natural disasters on insurances
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The impact of natural disasters on insurances

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How natural disasters make insurance companies struggle.

How natural disasters make insurance companies struggle.

Published in: Economy & Finance
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  • 1. The impact of natural disasters on insurances<br />Martens Mieke<br />Slidecast - 2FV6<br />
  • 2. Overview<br />Introduction<br />What damage is covered?<br />The insurance premiums<br />Reinsurers<br />Lloyd’s of London<br />Conclusion<br />
  • 3. Introduction<br />Natural disasters<br />Billions of expenses<br />Who’s responsible?<br />Insurance premiums<br />Reinsurers<br />Lloyd’s of London<br />
  • 4. What damage is covered?<br />Japan: $15bn - $35bn<br />Earthquake: insured<br />Nuclear plant: uninsured<br />
  • 5. Insurance premium<br />It will increase?<br />Diverse opinions<br />April: certainty<br />Enough funds<br />Support from overseas reinsurers<br /> - Munich Re: $2.1bn<br /> - Swiss Reinsurance Co.: $1.2bn<br />
  • 6. Reinsurers<br />Impact of series disasters?<br />Well capitalized <br />Rising rates? impact?<br />Impact previously paid out claims<br />
  • 7. Lloyd’s of London<br />Largest insurance market <br />Premiums probably rising<br /> - 2010: profits 43%<br /> - Series of natural disasters<br /><ul><li>2011: challenging year
  • 8. History: big claims rising premiums
  • 9. Revenues > claims</li></li></ul><li>Conclusion<br />Serious damage claims<br />Still making profit<br />Dig out into their reserves rising premiums?<br />Rebuilding of the affected countries<br />
  • 10. Thanks for listening!<br />

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