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CATASTROPHE ADJUSTING

Published byAugustine Wells Modified over 6 years ago

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Presentation on theme: "CATASTROPHE ADJUSTING"— Presentation transcript:

1 CATASTROPHE ADJUSTING
Charles Morgan

2 24 October 2005 Miami, Florida USA
Hurricane Wilma 24 October 2005 Miami, Florida USA

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15 Christchurch New Zealand
Earthquakes Christchurch New Zealand September 2010 February 2011 June 2011 December 2011

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30 Bangkok, Thailand October 2011
Flooding Bangkok, Thailand October 2011

31 Thailand has an area of 500,000 km²
The Ping and Nan rivers join to create the Chaophraya River which drains into the Gulf of Thailand. The King Bhumibol and Queen Sirkit dams on the Ping and Nan rivers hold water reserves for irrigation and provide hydro electric power.

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35 October 2011

36 November 2011

37 10 October 2011

38 5 November 2011

39 15 November 2011

40 1 December 2012 Assessment of Loss

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48 Value at Risk Reinstatement
Total add Tools Total Sum Insured Average %

49 Adjusted Loss Reinstatement
gross loss less salvage net loss average % payable

50 Life - Age New Actual Life x Replacement Value = Value

51 Value At Risk Actual Value
subtotal add Tools Value at Risk Sum Insured Average %

52 Adjusted Loss Actual Value
gross loss less salvage net loss average % payable

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