How Munich Re Assesses Risk
Last Apr. 14, Iceland's Eyjafjallajokull volcano erupted. Five days later, Nissan Motor shut down three auto assembly lines in Japan. The factories had run out of tire-pressure sensors when a plane carrying a shipment from a supplier in Ireland was grounded because of volcanic ash. At a BMW plant in Spartanburg, S.C., work slowed after transmissions couldn't be delivered from Germany.
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