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The Experience on Earthquake Risk in Central America

Published online by Cambridge University Press:  29 August 2014

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Presented by the Central American Actuarial Association (Asociacion Acturial Centroamericana) to the 13th ASTIN Colloquium.

The Asociaciôn Actuarial Centroamericana (AAC) is a grouping of Actuaries from the Central American Republics of El Salvador, Guatemala, Honduras, Nicaragua, Costa Rica and Panama. The AAC is a contributing ASTIN member of the International Actuarial Association.

Earthquakes have been a constant scourge of mankind. Central America has not escaped this phenomenon, indeed the territory has been most affected by them precisely because of its condition as an isthmus that serves as a fragile union between the continental land masses of North and South America, and in consequence being subject to disturbances by the displacement of the continental plates. Our lands abound with beautiful volcanoes, which have also contributed to local seismic activity. Whatever their origin, the earthquakes that have struck our country have left their share of destruction of lives and property.

In Annex 1 a table is presented, showing a history of seismic activity and volcanic eruptions in the countries on the Caribbean Platform, in which we can appreciate in detail the catastrophes that occurred from the XVI Century until 1976.

Type
Research Article
Copyright
Copyright © International Actuarial Association 1977

References

Guatemala '76—Earthquakes on the Caribbean Plate, Munich Re.Google Scholar
De Uberrima Fide et Terrae Motu. Swiss Re.Google Scholar
Statistic Reviews of the Bank Superintendencies of Nicaragua and Guatemala.Google Scholar
Seismic Risk in the Central American Isthmus and Coverage Against Earthquake Damages—Conference given by Eng. Franz Sauter—VI Underwriters Congress of Central America and Panamá.Google Scholar
Construction Code, Norms of Underwriting, and Control of Cumulus Exposed to Risk in Earthquake Insurance. Actuary Fernando Zumbado Berry— work presented in the VI Congress.Google Scholar
Resolutions of the VI Underwriters Congress of Central America and Panamá.Google Scholar