A major eruption of Italy's Mount Vesuvius could result in 8,000 fatalities, 13,000 serious injuries and total economic losses of more than $24 billion, according to a new study supported by the Willis Research Network (WRN) that puts Vesuvius at the top of the list of Europe’s 10 most dangerous volcanoes....The press release juxtaposed this bit:...The WRN European volcano risk ranking below shows the number of people living in the area that could be affected by 25 cm of ash fall in the assumed greatest eruption. It also shows the total residential property value exposed to severe damage or destruction in that eruption, taking into account the total number of dwellings within possible reach of pyroclastic flows or 25 cm ash fall and their full current reconstruction cost. While the Caribbean volcano of Soufrière Saint Vincent is not on European soil, it has been included in the top 10 due to the significant impact that an eruption would have on European territory....MORE
Volcano Country Affected population Values of residences at
risk (US $ billion)1.Vesuvius Italy 1,651,950 66.1 2.Campi Flegrei Italy 144,144 7.8 3.La Soufrière Guadeloupe Guadeloupe, France 94,037 3.8 4.Etna Italy 70,819 2.8 5.Agua de Pau Azores, Portugal 34,307 1.4 6.Saint Vincent Saint Vincent, Caribbean 24,493 1.0 7.Furnas Azores Portugal 19,862 0.8 8.Sete Cidades Azores Portugal 17,889 0.7 9.Hekla Iceland 10,024 0.4 10. Mt Pelée Martinique, France 10,002 0.4
Willis In HistoryDid you know Willis was the broker for the first “project finance” coal fired power project to be constructed in China?
