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CASE NATIONAL GAS COMPANY Introduction NGC is a national gas company with considerable assets in property, mainly gas extraction plants and platforms. These platforms can have considerable damage after natural disasters appear. However, there is a possibility for NGC to insure itself against these disasters. These insurances come in different packages with different profiles. If the company would be willing to accept more risk, it could take a more expensive insurance and be sure about what amount to pay on premium. This report will discuss the different policies and the changing environment. As it is not yet known what disasters will occur or what damage will be caused, there needs to be a simulation of different disasters and different damages. These occurrences need to be compared with the different packages in order to know what the cheapest alternative is for the company. This alternative could however change with each simulation, therefore an extensive...

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