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Indonesian reinsurer to gather quake data to better set premiums

Damage after a 2018 quake in Indonesia

Reinsurer PT Reasuransi Maipark Indonesia has installed borehole seismometers in Jakarta to gather information on earthquake risks and help insurers determine disaster insurance premiums, The Jakarta Post reports. The reinsurer's research and development team worked with the Bandung Institute of Technology's Industrial and Research Affiliation Institution to install the seismometers at seven places along the Baribis fault.

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