Expected Losses From Irma Fall for Insurers

Expected Losses From Irma Fall for Insurers

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic impact of recent storms, comparing them to past events like Katrina and Andrew. It highlights the projected losses, both insured and total, and the effect on catastrophe bonds and insurance companies. Despite initial fears, losses are lower than expected, leading to potential capital inflow into the industry. The video also addresses the ongoing hurricane season and the resilience of the insurance sector.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the total economic losses projected according to the research mentioned?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the estimated insured losses compare to previous hurricanes like Katrina and Andrew?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 16% drop mentioned in relation to the Swiss Re cap bond index?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the optimism in the insurance market despite the recent disasters?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How have insurance companies managed to stay strong despite the economic losses from hurricanes?

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