The Central & Eastern European
CAT Insurance Forum October 1st-5th, 2004, Antalya, TURKEY
The
Annual CEE CAT Insurance Forum is the main regional event that focuses
on catastrophic risks: earthquakes, floods, storms, landslides etc., as
all the major players in the CEE will attend the event: insurance and reinsurance
companies, international brokers and other related companies.
This
event brings together the CEE countries to create a pleasant platform to
transfer know-how between uniquely qualified participants in the magical
setting of Antalya, the center of Turkish Riviera.
Why
is necessary an International Forum on Catastrophic Risks?
The increased
frequency, on global level, of the natural catastrophic phenomenon and the
bigger preoccupation for the identification of some insurance solutions
to face the major financial losses that interfere in these kind of situations
The high level
of exposure of the countries in CEE to natural disasters: floods, storms,
drought, and, especially, the major risk of an earthquake in the near future,
complete the list of arguments - within the last century more than 61 million
persons were affected and more than USD 86 billion damages were registrated
in the CEE countries as a direct consequence of natural disasters
Catastophic
Risks in Turkey ?
Through her geographical
location and experience, Turkey is considered a regional leader in:
Catastrophic risk Mitigation
Natural
Disaster Emergency response
Building code and regulations
The
Turkish model addresses similar issues pending in other CEE countries:
The
high level of exposure to all kind of natural disasters
The concentration
of the residential areas and of the industrial platform in the areas
seismically active
The quality in constructions
The degree of penetration
of the insurances on catastrophic risks.