CRESTA


CRESTA :

Catastrophe Risk Evaluation and Standardizing Target Accumulation. CRESTA was set up in 1977 by interested sections of the insurance industry as an independent organization for the technical management of natural hazard covers. CRESTA's aim is to built up globally uniform systems for the accumulation risk control of natural hazards (particularly earthquakes, storms, and floods). These have become widely accepted standards in the international insurance industry

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