Consorseguros Digital Magazine (No 6)
The Consorcio de Compensación de Seguros has just published the 6th issue of its digital magazine Consorseguros. Special attention is devoted to the defense mechanisms for the insured in the event of insolvency or bankruptcy of an insurance company, both from the Spanish perspective and from other solutions implemented worldwide. This item is complemented with an analysis on how the European banking sector manages this issue (recuperation and resolution).
Other contents are brief contributions or reviews referring to the insurance approach to terrorism risk in the United Kingdom (Pool Re) and the creation of the International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP); the Spanish Extraordinary Risk Insurance Scheme and its adaptability to deal with climate change impacts; a study about tsunami hazard in the Spanish coastline and the creation of an earthquake damage catalogue for Spain. The issue is round off with commentaries about a judgment on the failure to pay successive premiums and its effects on the Extraordinary Risk coverage by the CCS.
English and Spanish versions are available.