Catastrophe Insurance Risks

Download Catastrophe Insurance Risks full books in PDF, epub, and Kindle. Read online Catastrophe Insurance Risks ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

The Financing of Catastrophe Risk

Author : Kenneth A. Froot
Publisher : University of Chicago Press
ISBN 13 : 0226266257
Total Pages : 490 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!

Book Synopsis The Financing of Catastrophe Risk by : Kenneth A. Froot

Download or read book The Financing of Catastrophe Risk written by Kenneth A. Froot and published by University of Chicago Press. This book was released on 2007-12-01 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States. Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy. The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.

Catastrophe Risk and Reinsurance

Author : Eugene N. Gurenko
Publisher : World Bank Publications
ISBN 13 : 1904339204
Total Pages : 366 pages
Book Rating : 4.9/5 (43 download)

DOWNLOAD NOW!

Book Synopsis Catastrophe Risk and Reinsurance by : Eugene N. Gurenko

Download or read book Catastrophe Risk and Reinsurance written by Eugene N. Gurenko and published by World Bank Publications. This book was released on 2004 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Including the latest invaluable insights into catastrophe reinsurance, this book provides you with a wealth of risk management expertise gained from many of the largest catastrophe risk transfer programmes worldwide.

Catastrophe Modeling

Author : Patricia Grossi
Publisher : Springer Science & Business Media
ISBN 13 : 0387231293
Total Pages : 256 pages
Book Rating : 4.3/5 (872 download)

DOWNLOAD NOW!

Book Synopsis Catastrophe Modeling by : Patricia Grossi

Download or read book Catastrophe Modeling written by Patricia Grossi and published by Springer Science & Business Media. This book was released on 2006-01-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the research that has been conducted at Wharton Risk Management Center over the past five years on catastrophic risk. Covers a hot topic in the light of recent terroristic activities and nature catastrophes. Develops risk management strategies for reducing and spreading the losses from future disasters. Provides glossary of definitions and terms used throughout the book.

Catastrophe Risk Financing in Developing Countries

Author : J. David Cummins
Publisher : World Bank Publications
ISBN 13 : 0821377361
Total Pages : 299 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!

Book Synopsis Catastrophe Risk Financing in Developing Countries by : J. David Cummins

Download or read book Catastrophe Risk Financing in Developing Countries written by J. David Cummins and published by World Bank Publications. This book was released on 2009 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Catastrophe Risk Financing in Developing Countries' provides a detailed analysis of the imperfections and inefficiencies that impede the emergence of competitive catastrophe risk markets in developing countries. The book demonstrates how donors and international financial institutions can assist governments in middle- and low-income countries in promoting effective and affordable catastrophe risk financing solutions. The authors present guiding principles on how and when governments, with assistance from donors and international financial institutions, should intervene in catastrophe insurance markets. They also identify key activities to be undertaken by donors and institutions that would allow middle- and low-income countries to develop competitive and cost-effective catastrophe risk financing strategies at both the macro (government) and micro (household) levels. These principles and activities are expected to inform good practices and ensure desirable results in catastrophe insurance projects. 'Catastrophe Risk Financing in Developing Countries' offers valuable advice and guidelines to policy makers and insurance practitioners involved in the development of catastrophe insurance programs in developing countries.

Natural Catastrophe Risk Management and Modelling

Author : Kirsten Mitchell-Wallace
Publisher : John Wiley & Sons
ISBN 13 : 1118906071
Total Pages : 473 pages
Book Rating : 4.1/5 (189 download)

DOWNLOAD NOW!

Book Synopsis Natural Catastrophe Risk Management and Modelling by : Kirsten Mitchell-Wallace

Download or read book Natural Catastrophe Risk Management and Modelling written by Kirsten Mitchell-Wallace and published by John Wiley & Sons. This book was released on 2017-04-24 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers both the practical and theoretical aspects of catastrophe modelling for insurance industry practitioners and public policymakers. Written by authors with both academic and industry experience it also functions as an excellent graduate-level text and overview of the field. Ours is a time of unprecedented levels of risk from both natural and anthropogenic sources. Fortunately, it is also an era of relatively inexpensive technologies for use in assessing those risks. The demand from both commercial and public interests—including (re)insurers, NGOs, global disaster management agencies, and local authorities—for sophisticated catastrophe risk assessment tools has never been greater, and contemporary catastrophe modelling satisfies that demand. Combining the latest research with detailed coverage of state-of-the-art catastrophe modelling techniques and technologies, this book delivers the knowledge needed to use, interpret, and build catastrophe models, and provides greater insight into catastrophe modelling’s enormous potential and possible limitations. The first book containing the detailed, practical knowledge needed to support practitioners as effective catastrophe risk modellers and managers Includes hazard, vulnerability and financial material to provide the only independent, comprehensive overview of the subject, accessible to students and practitioners alike Demonstrates the relevance of catastrophe models within a practical, decision-making framework and illustrates their many applications Includes contributions from many of the top names in the field, globally, from industry, academia, and government Natural Catastrophe Risk Management and Modelling: A Practitioner’s Guide is an important working resource for catastrophe modelling analysts and developers, actuaries, underwriters, and those working in compliance or regulatory functions related to catastrophe risk. It is also valuable for scientists and engineers seeking to gain greater insight into catastrophe risk management and its applications.

Earthquake Insurance in Turkey

Author : Eugene Gurenko
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 146 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Earthquake Insurance in Turkey by : Eugene Gurenko

Download or read book Earthquake Insurance in Turkey written by Eugene Gurenko and published by World Bank Publications. This book was released on 2006 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication, Earthquake insurance in Turkey, is an exposition of the dangers faced by Turkey as it is located in one of the most active earthquake (EQ) and volcanic regions in the world on the one hand, and, on the other hand, the efforts that Turkey is making to alleviate the social and fiscal disasters that are caused when these calamities do strike. The persistent potential for large-scale disasters has led to the establishment of the Turkish Catastrophe Insurance Pool (TCIP) in 1999. The main rationale for the creation of TCIP was a very low level of catastrophe insurance penetration among households. The authors stress that the four principal objectives of the program are to (1) provide earthquake insurance coverage at affordable but actuarially sound rates for all registered urban dwellings, (2) limit the government's financial exposure to natural disasters, (3) build long-term catastrophe reserves to finance future earthquake losses, and (4) encourage risk reduction and mitigation practices in residential construction. The book points out that the program has reduced significantly the government's fiscal exposure to EQ risk. In five years, the TCIP transformed itself from an unknown and controversial government-sponsored program to one of the most trusted brand names in the Turkish insurance industry. Moreover, it has led the World Bank to rethink the roles of ex-ante risk management relative to ex-post donor support. In this context, the World Bank supported Turkey's earthquake insurance program to establish and expand national catastrophic risk management and risk transfer capabilities. The authors conclude that the TCIP's success has brought it worldwide recognition. Inspired by the TCIP's example, more than a dozen countries, including China, Colombia, Greece, India, the Islamic Republic of Iran, Italy, the Philippines, Romania, and nine island states of the Caribbean have begun technical and legislative preparation of catastrophe insurance programs.

Global Catastrophic Risks

Author : Nick Bostrom
Publisher : Oxford University Press
ISBN 13 : 0199606501
Total Pages : 577 pages
Book Rating : 4.1/5 (996 download)

DOWNLOAD NOW!

Book Synopsis Global Catastrophic Risks by : Nick Bostrom

Download or read book Global Catastrophic Risks written by Nick Bostrom and published by Oxford University Press. This book was released on 2011-09-29 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Global Catastrophic Risk is one that has the potential to inflict serious damage to human well-being on a global scale. This book focuses on such risks arising from natural catastrophes (Earth-based or beyond), nuclear war, terrorism, biological weapons, totalitarianism, advanced nanotechnology, artificial intelligence and social collapse.

Managing Disaster Risk in Emerging Economies

Author : Alcira Kreimer
Publisher : World Bank Publications
ISBN 13 : 9780821347263
Total Pages : 212 pages
Book Rating : 4.3/5 (472 download)

DOWNLOAD NOW!

Book Synopsis Managing Disaster Risk in Emerging Economies by : Alcira Kreimer

Download or read book Managing Disaster Risk in Emerging Economies written by Alcira Kreimer and published by World Bank Publications. This book was released on 2000-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1999 natural catastrophes and man-made disasters claimed more than 105,000 lives, 95 percent of them in the developing world, and caused economic losses of around US$100 billion. In 1998 the twin disasters of the Yangtze and Hurrican Mitch accounted for two-thirds of the US$65 billion loss. The geographical areas affected may vary, but one constant is that the per capita burden of catastrophic losses is dramatically higher in developing countries. To respond to an increased demand to assist disaster rcovery programmes, the World Bank set up the Disaster Management Facility in 1998, to help provide the Bank with a more rapid and strategic response to disaster emergencies. The DMF focuses on risk identification, risk reduction, and risk sharing/transfer, the three major topics in this volume. The DMF also promotes strategic alliances with key private, government, multilateral and nongovernmental organisations to ensure the inclusion of disaster risk reduction as a central value of development. The most important of these partnerships is the ProVention Consortium, launched in February 2000, based on the premise that we must all take responsibility for making the new millennium a safer one.

Quantifying and Controlling Catastrophic Risks

Author : B. John Garrick
Publisher : Academic Press
ISBN 13 : 0080923453
Total Pages : 374 pages
Book Rating : 4.0/5 (89 download)

DOWNLOAD NOW!

Book Synopsis Quantifying and Controlling Catastrophic Risks by : B. John Garrick

Download or read book Quantifying and Controlling Catastrophic Risks written by B. John Garrick and published by Academic Press. This book was released on 2008-10-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The perception, assessment and management of risk are increasingly important core principles for determining the development of both policy and strategic responses to civil and environmental catastrophes. Whereas these principles were once confined to some areas of activity i.e. financial and insurance, they are now widely used in civil and environmental engineering. Comprehensive and readable, Civil and Environmental Risk: Mitigation and Control, provides readers with the mathematical tools and quantitative methods for determining the probability of a catastrophic event and mitigating and controlling the aftermath. With this book engineers develop the required skills for accurately assessing risk and formulating appropriate response strategies. The two part treatment starts with a clear and rigorous exposition of the quantitative risk assessment process, followed by self-contained chapters concerning applications. One of the first books to address both natural and human generated disasters, topics include events such as pandemic diseases, climate changes, major hurricanes, super earthquakes, mega tsunamis, volcanic eruptions, industrial accidents and terrorist attacks. Case studies appear at the end of the book allowing engineers to see how these principles are applied to scenarios such as a super hurricane or mega tsunamis, a reactor core melt down in a nuclear plant, a terrorist attack on the national electric grid, and an abrupt climate change brought about by a change in the ocean currents in the North Atlantic. Written by the current Chairman of the U.S. Nuclear Waste Technical Review Board, Environmental risk managers will find this reference a valuable and authoritative guide both in accurately calculating risk and its applications in their work. - Mathematical tools for calculating and Controlling Catastrophic Risk - Presents a systematic method for ranking the importance of societal threats - Includes both Natural and Industrial Catastrophes - Case studies cover such events as pandemic diseases, climate changes, major hurricanes, super earthquakes, mega tsunamis, volcanic eruptions, industrial accidents, and terrorist attacks

Ultimate Risk

Author : Adam Raphael
Publisher : Corgi
ISBN 13 :
Total Pages : 376 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Ultimate Risk by : Adam Raphael

Download or read book Ultimate Risk written by Adam Raphael and published by Corgi. This book was released on 1994 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mastering Catastrophic Risk

Author : Howard Kunreuther
Publisher : Oxford University Press
ISBN 13 : 0190499400
Total Pages : 249 pages
Book Rating : 4.1/5 (94 download)

DOWNLOAD NOW!

Book Synopsis Mastering Catastrophic Risk by : Howard Kunreuther

Download or read book Mastering Catastrophic Risk written by Howard Kunreuther and published by Oxford University Press. This book was released on 2018 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: A profound and insightful look at how companies prepare for and respond to crises that threaten catastrophic disruption to their operations and even their existence.

Risk Modeling for Hazards and Disasters

Author : Gero Michel
Publisher : Elsevier
ISBN 13 : 0128040939
Total Pages : 342 pages
Book Rating : 4.1/5 (28 download)

DOWNLOAD NOW!

Book Synopsis Risk Modeling for Hazards and Disasters by : Gero Michel

Download or read book Risk Modeling for Hazards and Disasters written by Gero Michel and published by Elsevier. This book was released on 2017-08-29 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk Modeling for Hazards and Disasters covers all major aspects of catastrophe risk modeling, from hazards through to financial analysis. It explores relevant new science in risk modeling, indirect losses, assessment of impact and consequences to insurance losses, and current changes in risk modeling practice, along with case studies. It also provides further insight into the shortcomings of current models and examines model risk and ideas to diversify risk assessment. Risk Modeling for Hazards and Disasters instructs readers on how to assess, price and then hedge the losses from natural and manmade catastrophes. This book reviews current model development and science and explains recent changes in the catastrophe modeling space, including new initiatives covering uncertainty and big data in the assessment of risk for insurance pricing and portfolio management. Edited by a leading expert in both hazards and risk, this book is authored by a global panel including major modeling vendors, modeling consulting firms, and well-known catastrophe modeling scientists. Risk Modeling for Hazards and Disasters provides important insight into how models are used to price and manage risk. - Includes high profile case studies such as the Newcastle earthquake, Hurricane Andrew and Hurricane Katrina - Provides crucial information on new ideas and platforms that will help address the new demands for risk management and catastrophe risk reporting - Presents the theory and practice needed to know how models are created and what is and what is not important in the modeling process - Covers relevant new science in risk modeling, indirect losses, assessment of impact and consequences to insurance losses, and current changes in risk modeling practice, along with case studies

Encyclopedia of Energy, Natural Resource, and Environmental Economics

Author :
Publisher : Newnes
ISBN 13 : 0080964524
Total Pages : 1056 pages
Book Rating : 4.0/5 (89 download)

DOWNLOAD NOW!

Book Synopsis Encyclopedia of Energy, Natural Resource, and Environmental Economics by :

Download or read book Encyclopedia of Energy, Natural Resource, and Environmental Economics written by and published by Newnes. This book was released on 2013-03-29 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every decision about energy involves its price and cost. The price of gasoline and the cost of buying from foreign producers; the price of nuclear and hydroelectricity and the costs to our ecosystems; the price of electricity from coal-fired plants and the cost to the atmosphere. Giving life to inventions, lifestyle changes, geopolitical shifts, and things in-between, energy economics is of high interest to Academia, Corporations and Governments. For economists, energy economics is one of three subdisciplines which, taken together, compose an economic approach to the exploitation and preservation of natural resources: energy economics, which focuses on energy-related subjects such as renewable energy, hydropower, nuclear power, and the political economy of energy resource economics, which covers subjects in land and water use, such as mining, fisheries, agriculture, and forests environmental economics, which takes a broader view of natural resources through economic concepts such as risk, valuation, regulation, and distribution Although the three are closely related, they are not often presented as an integrated whole. This Encyclopedia has done just that by unifying these fields into a high-quality and unique overview. The only reference work that codifies the relationships among the three subdisciplines: energy economics, resource economics and environmental economics. Understanding these relationships just became simpler! Nobel Prize Winning Editor-in-Chief (joint recipient 2007 Peace Prize), Jason Shogren, has demonstrated excellent team work again, by coordinating and steering his Editorial Board to produce a cohesive work that guides the user seamlessly through the diverse topics This work contains in equal parts information from and about business, academic, and government perspectives and is intended to serve as a tool for unifying and systematizing research and analysis in business, universities, and government

Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific

Author : Asian Development Bank
Publisher :
ISBN 13 : 9789715617994
Total Pages : 0 pages
Book Rating : 4.6/5 (179 download)

DOWNLOAD NOW!

Book Synopsis Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific by : Asian Development Bank

Download or read book Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific written by Asian Development Bank and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Natural catastrophes are a major threat to sustainable development, especially in Asia and the Pacific. ADB's developing member countries are particularly vulnerable. Catastrophe risk could be transferred through a regional public-private insurance partnership. This is the key finding of the Asian Development Bank Conference on Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific held in Tokyo in November 2008. This report answers questions about disaster risk management and shows how ADB can ease access to catastrophe risk transfer mechanisms. It also suggests that a regional approach is an appropriate mechanism to bridge existing gaps and to unlock resources needed to better manage risk." --Publisher.

The Ostrich Paradox

Author : Robert Meyer
Publisher : University of Pennsylvania Press
ISBN 13 : 1613630794
Total Pages : 133 pages
Book Rating : 4.6/5 (136 download)

DOWNLOAD NOW!

Book Synopsis The Ostrich Paradox by : Robert Meyer

Download or read book The Ostrich Paradox written by Robert Meyer and published by University of Pennsylvania Press. This book was released on 2017-02-07 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Ostrich Paradox boldly addresses a key question of our time: Why are we humans so poor at dealing with disastrous risks, and what can we humans do about it? It is a must-read for everyone who cares about risk." —Daniel Kahneman, winner of the Nobel Prize in Economics and author of Thinking, Fast and Slow We fail to evacuate when advised. We rebuild in flood zones. We don't wear helmets. We fail to purchase insurance. We would rather avoid the risk of "crying wolf" than sound an alarm. Our ability to foresee and protect against natural catastrophes has never been greater; yet, we consistently fail to heed the warnings and protect ourselves and our communities, with devastating consequences. What explains this contradiction? In The Ostrich Paradox, Wharton professors Robert Meyer and Howard Kunreuther draw on years of teaching and research to explain why disaster preparedness efforts consistently fall short. Filled with heartbreaking stories of loss and resilience, the book addresses: •How people make decisions when confronted with high-consequence, low-probability events—and how these decisions can go awry •The 6 biases that lead individuals, communities, and institutions to make grave errors that cost lives •The Behavioral Risk Audit, a systematic approach for improving preparedness by recognizing these biases and designing strategies that anticipate them •Why, if we are to be better prepared for disasters, we need to learn to be more like ostriches, not less Fast-reading and critically important, The Ostrich Paradox is a must-read for anyone who wants to understand why we consistently underprepare for disasters, as well as private and public leaders, planners, and policy-makers who want to build more prepared communities.

Risk Management

Author : Michael Frenkel
Publisher : Springer Science & Business Media
ISBN 13 : 3540269932
Total Pages : 842 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!

Book Synopsis Risk Management by : Michael Frenkel

Download or read book Risk Management written by Michael Frenkel and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing with all aspects of risk management that have undergone significant innovation in recent years, this book aims at being a reference work in its field. Different to other books on the topic, it addresses the challenges and opportunities facing the different risk management types in banks, insurance companies, and the corporate sector. Due to the rising volatility in the financial markets as well as political and operational risks affecting the business sector in general, capital adequacy rules are equally important for non-financial companies. For the banking sector, the book emphasizes the modifications implied by the Basel II proposal. The volume has been written for academics as well as practitioners, in particular finance specialists. It is unique in bringing together such a wide array of experts and correspondingly offers a complete coverage of recent developments in risk management.

Assessing the Enabling Environment for Disaster Risk Financing

Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9292622668
Total Pages : 93 pages
Book Rating : 4.2/5 (926 download)

DOWNLOAD NOW!

Book Synopsis Assessing the Enabling Environment for Disaster Risk Financing by : Asian Development Bank

Download or read book Assessing the Enabling Environment for Disaster Risk Financing written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-06-01 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disasters damage and destroy infrastructure and disrupt economic activities and services, potentially delaying long-term development and hampering efforts to reduce poverty in the region. Countries require a strong enabling environment for disaster risk financing to ensure the timely availability of post-disaster funding. This report presents a comprehensive diagnostics tool kit that countries can apply to assess the financial management of disaster risk. The framework examines the state of the enabling environment and provides a basis to enhance financial resilience with insurance and other risk transfer instruments. It incorporates lessons from the country diagnostics assessments for Fiji, Nepal, Pakistan, and Sri Lanka that made use of the tool kit and methodology.