In the mid-fifteenth century, one of the largest eruptions of the last 10 O00 years occurred in the Central New Hebrides arc, forming the Kuwae caldera (12x6 km). This eruption followed a late maar phase in the pre-caldera edifice, responsible for a series of alternating hydromagmatic deposits and airfall lapilli layers. Tuffs related to caldera formation (~120 m of deposits on a composite section from the caldera wall) were emitted during two main ignimbritic phases associated with two additional hydromagmatic episodes. The lower hydromagmatic tuffs from the precaldera maar phase are mainly basaltic andesite in composition, but clasts show compositions ranging from 48 to 60% SiO₂. The unwelded and welded ashflow deposits from the ignimbritic phases and the associated intermediate and upper hydromagmatic deposits also show a wide compositional range (60-73% SiO₂), but are dominantly dacitic. This broad compositional range is thought to be due to crystal fractionation. The striking evolution from one eruptive style (hydromagmatic) to the other (magmatic with emission of a large vólume of ignimbrites) which occurred either over the tuff series as a whole, or at the beginning of each ignimbritic phase, is the most impressive characteristic of the caldera-forming event. This strongly suggests triggering of the main eruptive phases by magma-water interaction. A three-step model of caldera formation is presented: (1) moderate hydromagmatic (sequences HD 1-4) and magmatic (fallout deposits) activity from a central vent, probably over a period of months or years, affected an area slightly wider than the present caldera. At the end of this stage, intense seismic activity and extrusion of differentiated magma outside the caldera area occurred; (2) unhomogenized dacite was released during a hydromagmatic episode (HD 5). This was immediately followed by two major pyroclastic flows (PFD 1 and 2). The vents spread and intense magma-water interaction at the beginning of this stage decreased rapidly as magma discharge increased. Subsequent collapse of the caldera probably commenced in the southeastern sector of the caldera; (3) dacitic welded tuffs were emplaced during a second main phase (WFD 1-5). At the beginning of this phase, magma-water interaction continued, producing typical hydromagmatic deposits (HD 6). Caldera collapse extended to the northern part of the caldera. Previous C14 dates and records of explosive volcanism in ice from the south Pole show that the climactic phase of this event occurred in 1452 A.D.