Is your company prepared for
In the first half of 2012
Insured losses
The second highest
annual total on record
Hurricane ...
of 1

Is your company prepared for a Catastrophe?

Insurance management can help cope with losses due to catastrophes.
Published on: Mar 3, 2016
Source: www.slideshare.net


Transcripts - Is your company prepared for a Catastrophe?

  • 1. Is your company prepared for In the first half of 2012 Insured losses The second highest annual total on record Hurricane Sandy and a year-long drought accounted for of all global insurance losses in 2012 Insolvency Cut in earnings Statutory surplus Forced asset liquidation 2/3 Economic losses $ 12 billion $ 14 billion $ 26 billion In 2013, insured losses from thunderstorms exceeded Organizational Challenges You need Decision-Making Tools for businesses Exact Advantage Benefits Monitor risk exposure Location based reporting Advanced aggregation capabilities Analyze risk levels Plan reinsurance protections Ratings downgrade Catastrophe? Estimate loss Manage exposure portfolio Plan reinsurance decisions Catastrophe simulation model Company’s resources & size Industry level of risk Deciding factors Best practices Relevant employee policies Back up data on remote site ( All above are US figures ) Follow Us For More Information Contact marketing@niit-tech.com | www.niit-tech.com

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