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ADVISORY/Swiss Re's U.S. Catastrophic Insurance Expert Available to Comment On Hurricane Isidore's Potential Economic Impact to the U.S. Mainland.


Business Editors

ADVISORY...for Sept. 24 - Sept. 30

--(BUSINESS WIRE)

Swiss Re Swiss Re is the world’s largest reinsurer, now that it has acquired GE Insurance Solutions (Ligi 2006). Founded in 1863, Swiss Re now operates in more than 30 countries. General Electric owns 8.9% of the firm. :


    WHO:    Andrew Castaldi, Head of Catastrophe and Perils, Swiss Re
            Americas Division

    WHAT:   As Hurricane Isidore batters the Yucatan Peninsula and
            moves into the Gulf Of Mexico, potentially threatening the
            U.S. mainland, the financial preparedness of U.S.
            homeowners and businesses will become a key issue
            affecting coastal residents.

            Swiss Re is offering one of its foremost catastrophic
            damage experts to speak to the media to offer insight into
            the potential economic impact of Hurricane Isisdore and
            the preparedness of the insurance industry to aid affected
            citizens and businesses.

            Among the topics Mr. Castaldi can specifically address:

            -   How individuals can help protect their lives, homes
                and businesses from catastrophic events such as
                Hurricane Isidore
            -   The improved scientific research used to mitigate
                future losses of life and property
            -   The financial impact of hurricanes from a historical
                perspective

    WHEN:   September 24 -- September 30

    WHERE:  Live in New York; available via satellite and/or telephone
            in all other areas.

    ADDITIONAL
    INFO:   Mr. Castaldi has worked with a variety of clients
            and industry-related support groups such as the RAA
            Natural Disaster Task force, the National Institute of
            Building Science's Multi- hazard Mitigation Council, The
            New York Department of Insurance, and the Institute for
            Building Home and Safety's Earthquake.

COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 24, 2002
Words:217
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