Munich Re logo
Not if, but how

Explore Munich Re Group

Get to know our Group companies, branches and subsidiaries worldwide.

Global Earthquake Model to become key instrument for earthquake risk estimation worldwide


    alt txt



    Leading scientists and representatives of international organizations and companies agreed that the Global Earthquake Model (GEM) should become the key instrument for estimating earthquake risk worldwide. The GEM Outreach Meeting, held 8-10 June in Schloss Hohenkammer and hosted by GEM’s main private founder Munich Re Group, brought together 130 key stakeholders (both public and private) and distinguished experts from over 40 countries. This first global meeting since the constitution of the GEM Foundation in March 2009, reinforced the need for an independent, uniform standard for calculating earthquake hazard and risk as well as for a critical instrument to support decisions and actions to reduce earthquake losses worldwide. GEM, a genuine public-private initiative, offers a unique chance for countries and organizations to obtain state-of-the art information on seismic risk and its socio-economic impact, via open-source software.

    Click here to read the full GEM press release

    This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.