Skip to content
4 May 2016
Risk modeller Eqecat has more than doubled its estimates on insured losses in northern Italy, following two damaging aftershocks a week after the May 20 earthquake.
Eqecat estimates $US375-875 million ($385-$898 million) in insured losses. The previous estimate was $US127 million ($131 million).
More information on insurance values in the region along with losses from the aftershocks have caused the increase, says Eqecat. There are also “increased vulnerabilities” of structures already affected by the May 20 quake.
Fourteen people have been killed and authorities are warning of possible further damaging aftershocks.
Risk Management Solutions says full-value earthquake policies are exceptionally rare in Italy. If offered at all, most policies have limits between 20% and 50% of the sum insured, it says.
2 May 2016
Steadfast Technologies Pty Ltd provides leading edge insurance application software to clients throughout Australia, New Zealand and Asia,. We need to build our team to enable us to provide enthusiastic and responsive help to our expanding client base.
2 May 2016
Make a life style choice by working closer to home in this relaxed yet professional friendly environment whilst still maintaining a corporate focus.
20 April 2016
Brilliant opportunity, international group, diverse role, utilise your client service & technical skills, team culture & scope to grow your career.