Comparing clams from catastrophic earthquakes

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Between February 2010 and March 2011, the world was hit by four of the five most expensive insured earthquakes in history.

The earthquakes - in Chile, New Zealand, and Japan - took nearly 20,000 lives, left many without homes, and caused billions of dollars in economic losses. As a broker to both local and multinational clients, Marsh was closely involved in helping the affected communities to recover from the deadly earthquakes.

This paper explores three of the earthquakes, drawing on the experiences of Marsh and our clients, to share lessons on insurance claims arising from catastrophic events.