Kommentar in Englischer Sprache verfügbar: An earthquake of magnitude 6.2 has occurred in the Apennine mountains at 1:30 UTC last night. The location is northeast of Rome and north of L’Aquila, where the last significant earthquake took place in 2009 (magnitude 6.3). Since the main shock, seven aftershocks of magnitude 4 and above have taken place, the most intense of magnitude 5.5.
Most damage seems to be to residential buildings. The only Cat Bond exposed to Italy earthquake is Azzurro, which is not affected by today’s events according to our modelling analysis. The potential impact on Private ILS transactions is being assessed. Twelve is monitoring the situation very closely.
Mittwoch, 24. August 2016