Risk, geographical (geographic risk)

Special risks arising from the fact that in an area at risk, especially from hurricanes or earthquakes, – a company conducts its operations or – an insurance company has concluded policies on a significant scale (risk that arises when a business operates or an issuer has policies concentrated inside certain geographic areas with feasible damage from a cyclone or an earthquake). – See catastrophe bond.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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