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Swiss Reinsurance

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CatNet, one of Swiss Re's e-business services, provides an electronic atlas with natural hazards world-wide, country-specific insurance information, and loss event data.

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Business Problem

In 1999, insured losses caused by natural catastrophes amounted to USD 24.4 billion. This figure presented insurers with their second highest claims burden ever, second only to that incurred from Hurricane "Andrew" in 1992. The seven billion dollar loss resulting from storms and earthquakes was the main cause. Both this ominous development and the globalization of the insurance industry are creating increasing demand for global information on natural hazards and ways of insuring against them.

With CatNet (Catastrophe Network), an internet service offering clients comprehensive information on natural hazards worldwide, Swiss Re's Reinsurance and Risk division aims to meet this demand. Since summer 2000, users have been able to access in-depth information electronically by means of an interactive natural hazard atlas.

Technology Implemented

Sun sever 450 E, Oracle 8i, ArcIMS 3.0

Development Team Biography

Cornelia Schmidt, GIS Expert
Markus Spühler, Head Systems
Peter Hausmann, Head Development, CatPeril
Marin Krähenbühl, Head of @swissre
Reinhard Holy, Accenture
Philipp Menzi, Accenture