4 Dec 2013, SCMP
'It’s not easy to encourage insurance companies to write catastrophe insurance, as a single disaster such as an earthquake could cost a huge amount of claims that might cause liquidity problems for an insurer, so the risk is too high,' said Zhu Minglai, an insurance and risk management professor at Nankai University in Tianjin...
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Source of data: OFDA/CRED International Disaster Database
Data version: v11.08 *: Including tsunami
Data displayed does not imply national endorsement.
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