Global Earthquake Model presents worldwide risk map
Milestone in earthquake risk assessment
Global Earthquake Model (GEM) has published the first-ever digital earthquake risk map that covers every single country in the world exposed to the earthquake risk. The GEM initiative was set up in 2007 by research institutes and the OECD. As founding sponsor, Munich Re was the only company involved in the initiative and remains an important supporter of GEM to this day. Alexander Allmann, earthquake expert and Head of Geo Risks at Munich Re, explains the background to this initiative.