Earthquake Risk Transfer for Albania

Earthquake Risk Transfer for Albania; Short-term earthquake loss
Fig.1 - Hashed circles represent current Earling undercover regions.

Albania is positioned very close to the border of 2 tectonic plates; Eurasian and African tectonic plates. This means that when there is movement Albanian are the first ones to be affected. Earling successfully issued EPA for nearly all of the significant events in the region.

Albania short-term expected earthquake loss

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How EPA Affects Recent Insured Losses

Fig.2 - EPA effect on 26 Nov 2019 earthquake.