Swiss Economicblogs.org
According to reinsurer, Swiss Re, over three quarters of private buildings in Switzerland have no earthquake coverage. Because earthquakes are rare and are quickly forgotten, public risk perception is low. Even Switzerland, with its well developed insurance culture is no exception. Earthquake in Abruzzo Italy – © Walter Graneri | Dreamstime.com Swiss Re describes Switzerland as a country with a medium seismic hazard. The strongest and most destructive earthquake recorded in Switzerland...
Read More »Despite the exposure to seismic risk, few Swiss homeowners take out earthquake insurance
