131203MSAD_e
14/26 Coping with Issues (3) Risk Management for Overseas Natural Disasters
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00:10:52.6
Now I would like to explain our initiatives to enhance risk management for overseas natural disasters, especially in Asia. Please turn to page 11. After Thailand suffered heavy damage from flooding, we revised our underwriting criteria, and our exposure to flooding risks has been reduced 98% from the time before the flooding. In addition to the revise of underwriting criteria, we have completed the necessary steps in our review of risk assessment and reinsurance. Apart from that, we are improving models for risk measurement, the accuracy of data, and data analysis to enhance risk management.
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