SUMMARY OF "AS IF" SCENARIOS CONDUCTED IN RESPECT OF HISTORICAL EVENTS OR POSSIBLE SCENARIOS BASED ON CCR MODELS
€ 8.8 to 23.9 b*
EARTHQUAKE AT NICE
€ 11 to 14 b*
€ 3.3 b*
€ 0.8 to 1.2 b*
Understanding natural disasters provides a means of more accurately forecasting their occurrence and therefore reducing the cost of the damages they incur. By studying scenarios we can deepen our knowledge of events that have already occurred. These studies also enable us to refine our projections and improve our exposure analyses. One of CCR's ambitions is to clarify public risk prevention policies. Furthermore, CCR is also developing a prototype drought model based on new predictive modeling techniques called "machine learning" thanks to the database it has compiled over several years. The aim of the model is to prevent drought damages and forecast their cost.
* Insured cost adjusted to reflect 2017 euros