A study by scientists at ETH Zurich, published on ScienceDirect on 15 November 2017, provides a powerful new way of looking at the risk of large earthquakes in the Alps, Apennines, Zagros and Himalaya mountain ranges. Most know that mountain ranges are built by tectonic plates pushing against each other. However, some forget how seismically […]
Despite the exposure to seismic risk, few Swiss homeowners take out earthquake insurance
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 […]