North Macedonia

Developing catastrophe and weather risk markets in Southeast Europe: From concept to reality

Organizer(s) World Bank, the United Nations Office for Disaster Risk Reduction - Regional Office for Europe & Central Asia Europa Reinsurance Facility Ltd.
Date
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Europa Re is currently in the process of putting in place the technical infrastructure needed for the launch of its reinsurance operations in the countries of the region. This, inter-alia, includes, the development of web-based underwriting platform and high-resolution catastrophe risk models for earthquake and flood that together would enable insurers in the region to automate all back-office
operations (e.g. underwriting, pricing and risk management operations) in support of sales of complex weather and catastrophe risk products.

As the next step in the process of launching the facility, Europa Re, the World Bank and UNISDR are pleased to host the first Regional Europa Re Conference “Developing Catastrophe and Weather Risk Markets in Southeast Europe: From Concept to Reality” that will be held in FYR Macedonia on 13-14 October 2011.

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