Sentences with phrase «reinsurance companies determining»

Not exact matches

He is far from alone, this is a giant industry led by reinsurance companies trying to place their bets properly, and, needless to say, getting repeatedly burned; who can ever calculate the likelihood of Libyas or Fukushimas — and even if you can it is the particular modalities of the unfolding event rather than the occurrence of the event itself that determine the impact and outcome.

The major reinsurance companies use many different simulations of economic and weather situations to determine their level of risk.

According to the Süddeutsche Zeitung, a group of 20 large German companies, led by the reinsurance giant Munich Re, and also including Siemens, Deutsche Bank and RWE, is determined to go ahead with an $ 400 billion project known as Desertec.