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. Swiss Re describes Switzerland as a country with a medium seismic hazard. The strongest […]
Earthquake risk in Switzerland is real says geologist
24 Heures. After the tragic earthquake in Italy, some are wondering if something similar could happen in Switzerland. Speaking to the newspaper 24 Heures, geologist Raphaël Mayoraz, says “People tend to forget, but our country has already experienced earthquakes of 6 or more.” The Swiss Seismological Service (SED) at ETH Zurich completed ten years of […]