Catastrophic Impact and Loss

Catastrophic Impact and Loss

Author: Kevin D. Burton

Publisher: CRC Press

Published: 2012-10-25

Total Pages: 351

ISBN-13: 1466504641

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The author’s previous work, Managing Emerging Risk: The Capstone of Preparedness considered the notion of risk and what constitutes risk assessment. It presented scenarios to introduce readers to areas of critical thinking around probability and possibility. Six months after the book’s publication, many of the scenarios came true, and other, more menacing risks emerged. Catastrophic Impact and Loss: The Capstone of Impact Assessment is the second stone to be laid in a path toward a more mindful practice of emergency management, focusing on the impacts caused by risk and offering a complete approach to measure and manage them. Providing a true understanding of what it is to be "in harm’s way," this essential book details the devastation and effects that both public and private enterprise must be prepared for in the event of a catastrophe. The book examines: Impact assessment as an essential piece of information and the fundamental flaws that hinder the process The development of the digital age and postmodernism and the five guiding principles of postmodern impact assessments How to establish an impact horizon and effect a clear scope statement that includes all in-scope and out-of-scope assets and locations Problems that occur when we fail to create impact assessments that align with internal organizational values, federal and state laws, or industry regulations—and how to use the guiding principles to address these problems Methods for developing solid analytical models for impact assessment—exacting logical, relevant, and clear language and taxonomies How to address overrides and deviations based on expert opinion, cultural needs, and the application of common sense Key challenges in postmodern business impact assessment and how we can best meet those challenges by understanding the concept of the uncanny valley Readers who master the principles in this book will better understand the link between the potential damage of an event and how information informs every decision to prepare for, respond to, mitigate, and recover.


Quantifying and Controlling Catastrophic Risks

Quantifying and Controlling Catastrophic Risks

Author: B. John Garrick

Publisher: Academic Press

Published: 2008-10-27

Total Pages: 374

ISBN-13: 0080923453

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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


The Impacts of Natural Disasters

The Impacts of Natural Disasters

Author: National Research Council

Publisher: National Academies Press

Published: 1999-05-06

Total Pages: 80

ISBN-13: 0309063949

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We in the United States have almost come to accept natural disasters as part of our nation's social fabric. News of property damage, economic and social disruption, and injuries follow earthquakes, fires, floods and hurricanes. Surprisingly, however, the total losses that follow these natural disasters are not consistently calculated. We have no formal system in either the public or private sector for compiling this information. The National Academies recommends what types of data should be assembled and tracked.


Catastrophe Modeling

Catastrophe Modeling

Author: Patricia Grossi

Publisher: Springer Science & Business Media

Published: 2006-01-27

Total Pages: 256

ISBN-13: 0387231293

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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.


Psychological Effects of Catastrophic Disasters

Psychological Effects of Catastrophic Disasters

Author: Leon A. Schein

Publisher: Psychology Press

Published: 2006

Total Pages: 980

ISBN-13: 9780789018410

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Psychological Effects of Catastrophic Disasters: Group Approaches to Treatment comprehensively discusses the basic information about the psychological effects of traumatic disasters and what can be done to treat them in group settings. Internationally renowned authorities thoroughly explore medical treatment and numerous evidence-based group interventions, providing expert suggestions and revealing examples as illustration. This essential source provides a quick reference for mental health and health professionals prospectively facing the traumatic aftermath of terrorist disasters and other catastrophic events. The royalties from this book shall be donated to organizations which provide direct services to those who continue to be affected by the events of September 11th, 2001 and Hurricane Katrina (August 29th, 2005).


The Financing of Catastrophe Risk

The Financing of Catastrophe Risk

Author: Kenneth A. Froot

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 490

ISBN-13: 0226266257

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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.


Catastrophic Disaster Planning and Response

Catastrophic Disaster Planning and Response

Author: Clifford Oliver

Publisher: CRC Press

Published: 2010-07-20

Total Pages: 376

ISBN-13: 1439841756

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Presenting cutting-edge domestic and international approaches, Catastrophic Disaster Planning and Response explains how to effectively plan for and manage the consequences of a catastrophe. Recognizing that a business-as-usual approach to preparing for and responding to such events is doomed to fail, the book fills a gap in emergency management education. It introduces the many considerations that influence how we plan for and respond to large-scale catastrophes and how it differs from preparing for smaller-scale emergencies. Written by a recognized expert in emergency management, this volume is a thorough study of the planning process and response procedures for catastrophic disasters. Topics discussed include: The history of catastrophic events, both in and outside the United States How catastrophes differ from disasters and emergencies and how they are all part of the emergency management continuum The varying definitions of catastrophes and their political and societal implications The main ethical and value dilemmas that one will likely face before, during, and after a catastrophe The legal framework associated with government response to catastrophes The post-catastrophic environment that an emergency manager might experience, with a focus on logistics, critical infrastructure, mass care, and mass evacuation Planning strategies and skills an emergency manager can employ to mitigate the effects of such an event The use of crisis leadership skills and how to lead and influence others in a catastrophic situation Recent major events provide valuable lessons that demonstrate the characteristics of a catastrophic disaster, the special issues of response and recovery, and the necessary preparation on international, national, and local levels. Offering best practices using recent real-world case studies, the book provides a foundation for continued study and critical reflection. Catastrophic Disaster Planning and Response is one of only two books utilized by the U.S. Coast Guard (USCG) in their elite 2010 Flag Office/SES Executive Change Leadership Program (ECL) curriculum. The ECL program develops the executive leadership skills of USCG Admiral-selects awaiting Senate confirmation, as well as members of the Department of Homeland Security's federal Senior Executive Service (SES), which in 2010 included representatives from the U.S. Secret Service, the Transportation Security Administration, Immigration and Customs Enforcement, the U.S. Border Patrol, Citizenship and Immigration Services, and FEMA. Readily adaptable for classroom use, this cutting-edge professional reference provides qualifying instructors with access to teaching materials and a test bank.


A Safer Future

A Safer Future

Author: National Research Council

Publisher: National Academies Press

Published: 1991-02-01

Total Pages: 85

ISBN-13: 0309045460

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Initial priorities for U.S. participation in the International Decade for Natural Disaster Reduction, declared by the United Nations, are contained in this volume. It focuses on seven issues: hazard and risk assessment; awareness and education; mitigation; preparedness for emergency response; recovery and reconstruction; prediction and warning; learning from disasters; and U.S. participation internationally. The committee presents its philosophy of calls for broad public and private participation to reduce the toll of disasters.


Natural Catastrophe Risk Management and Modelling

Natural Catastrophe Risk Management and Modelling

Author: Kirsten Mitchell-Wallace

Publisher: John Wiley & Sons

Published: 2017-04-24

Total Pages: 536

ISBN-13: 1118906063

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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.


The Economic Impacts of Natural Disasters

The Economic Impacts of Natural Disasters

Author: Debarati Guha-Sapir

Publisher: Oxford University Press

Published: 2013-05-23

Total Pages: 341

ISBN-13: 0199841934

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This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.