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Archive 2003

Engineering Investigation of the 26 Sep 2003 Hokkaido Earthquake
November, 2003
A severe earthquake struck Hokkaido, Japan, at 4:50 am on September 26, 2003. Epicenter of the earthquake was about 80km east-southeast of Erimo Cape, offshore of Tokachi. The depth of the epicenter was 42km, and its magnitude 8.0 (MJMA).

Hurricane Isabel Affects North Carolina
September 18, 2003
There is uncertainty in the projected winds and path for this storm. If Isabel takes a more easterly path after landfall than the consensus forecast calls for (e.g. moving northward along the west shore of Chesapeake Bay), the insured loss is likely to be toward the higher end of the range due to higher densities of population and property values.

EQECAT Provides Risk Analysis Support for the Largest Cat Bond Deal to Date
August 20, 2003
EQECAT, Inc., a division of ABS Consulting, today announced that it has provided teh risk analysis for a $470 million bond, the largest cat bond issued to date based on total amount of risk transferred.

2003 European Catastrophe Management Summit to be Held at Hotel Princesa Sofia InterContinental in Barcelona from June 24-27, 2003
March 21, 2003
Tools, strategies and resources to help you manage the catastrophe risks resulting from natural and man-made hazards.