Federal Reinsurance for Disasters
Author: David Torregrosa
Publisher: DIANE Publishing
Published: 2002
Total Pages: 62
ISBN-13: 1428960880
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Catastrophe Risk Financing in Developing Countries
Author: J. David Cummins
Publisher: World Bank Publications
Published: 2009
Total Pages: 299
ISBN-13: 0821377361
DOWNLOAD EBOOK'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 and Man-Made Catastrophes
Author: S. Niggol Seo
Publisher: John Wiley & Sons
Published: 2019-01-14
Total Pages: 268
ISBN-13: 1119416795
DOWNLOAD EBOOKA thorough explanation of the mathematical theories, philosophies, and economics of catastrophes with a view to how humanity should be prepared for events with catastrophic consequences This book presents a holistic view of natural and man-made catastrophes, from mathematical theories and philosophy through to economics and policy. It is both academic and applied in its approach, offering both empirical evidence and academic reflections to give a new perspective on an ever-developing topic, and providing many examples of public policy and catastrophe responses from around the world. Natural and Man-made Catastrophes: Theories, Economics, and Policy Designs begins by introducing readers to numerous natural and man-made catastrophes and how catastrophe theories have played a pivotal role in designing policies and responses to them. It discusses hurricanes, earthquakes, nuclear disaster, asteroid collision, Large Hadron Collider, artificial intelligence, uncontrollable robots, global warming, infectious diseases without antibodies, and bioterrorism. It clarifies key mathematical and scientific theories—such as catastrophe theory, chaos, singularity, fractal, tipping point, unbounded variance, fat-tail, and Feigenbaum constant—on catastrophes. The book goes on to examine ancient and contemporary philosophies that have played critical roles in humanity’s understanding of catastrophic outcomes. The book critically builds the economics of catastrophic events 1) by consolidating the catastrophe literature in natural sciences, scientific theories, and philosophy; 2) by constructing global empirical catastrophe data and analytical models using historical data on hurricanes and earthquakes; 3) and by critically reviewing policy experiences on the aforementioned catastrophic events. Lays the foundation for the economic analyses and policy-making on potential humanity/universe threatening catastrophes Includes many examples of public policy and behavioral responses to catastrophes from around the world Provides a wide-ranging commentary on crucial implications of the studies, models, and concepts of catastrophes Synthesizes the catastrophe literature in mathematical theories, philosophical traditions, economic analyses, policy studies, and contemporary concerns. Natural and Man-made Catastrophes: Theories, Economics, and Policy Designs is an important book for students, teachers, professionals, and policy makers who are involved in environmental research and disaster response.
A Safer Future
Author: National Research Council
Publisher: National Academies Press
Published: 1991-02-01
Total Pages: 85
ISBN-13: 0309045460
DOWNLOAD EBOOKInitial 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.
The Financing of Catastrophe Risk
Author: Kenneth A. Froot
Publisher: University of Chicago Press
Published: 2007-12-01
Total Pages: 490
ISBN-13: 0226266257
DOWNLOAD EBOOKIs 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.
The Economic Impacts of Natural Disasters
Author: Debarati Guha-Sapir
Publisher: Oxford University Press
Published: 2013-05-23
Total Pages: 341
ISBN-13: 0199841934
DOWNLOAD EBOOKThis 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.
Dull Disasters?
Author: Daniel Jonathan Clarke
Publisher: Oxford University Press
Published: 2016
Total Pages: 154
ISBN-13: 0198785577
DOWNLOAD EBOOKThis is an open access title available under the terms of a CC BY 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Dull Disasters? shows how countries and their partners can better prepare for natural disasters such as typhoons, earthquakes, floods, and drought. By harnessing lessons from finance, political science, economics, psychology, and the naturalsciences, it is possible for governments, civil society, private firms, and international organizations to work together to achieve better preparedness, thereby reducing the risks to people and economies and enablingquicker recoveries. In this way, responses to disasters become less emotional, less political, less headline-grabbing, and more business as usual and effective.
At War with the Weather
Author: Howard C. Kunreuther
Publisher: MIT Press
Published: 2011-08-19
Total Pages: 439
ISBN-13: 0262291525
DOWNLOAD EBOOKInnovative, long-term strategies for reducing vulnerability to large-scale natural disasters and for providing financial support for disaster victims. The United States and other nations are facing large-scale risks at an accelerating rhythm. In 2005, three major hurricanes—Katrina, Rita, and Wilma—made landfall along the U.S. Gulf Coast within a six-week period. The damage caused by these storms led to insurance reimbursements and federal disaster relief of more than $180 billion—a record sum. Today we are more vulnerable to catastrophic losses because of the increasing concentration of population and activities in high-risk coastal regions of the country. The question is not whether but when, and how frequently, future catastrophes will strike and the extent of damages they will cause. Who should pay the costs associated with catastrophic losses suffered by homeowners in hazard-prone areas? In At War with the Weather, Howard Kunreuther and Erwann Michel-Kerjan with their colleagues deliver a groundbreaking analysis of how we currently mitigate, insure against, and finance recovery from natural disasters in the United States. They offer innovative, long-term solutions for reducing losses and providing financial support for disaster victims that define a coherent strategy to assure sustainable recovery from future large-scale disasters. The amount of data collected and analyzed and innovations proposed make this the most comprehensive book written on these critical issues in the past thirty years.
Climate Change and Natural Disasters
Author: Vinod Thomas
Publisher: Transaction Publishers
Published: 2017-01-31
Total Pages: 187
ISBN-13: 1412864526
DOWNLOAD EBOOKThe start of the new millennium will be remembered for deadly climate-related disasters—the great floods in Thailand in 2011, Super Storm Sandy in the United States in 2012, and Typhoon Haiyan in the Philippines in 2013, to name a few. In 2014, 17.5 million people were displaced by climate-related disasters, ten times more than the 1.7 million displaced by geophysical hazards. What is causing the increase in natural disasters and what effect does it have on the economy? Climate Change and Natural Disasters sends three messages: human-made factors exert a growing influence on climate-related disasters; because of the link to anthropogenic factors, there is a pressing need for climate mitigation; and prevention, including climate adaptation, ought not to be viewed as a cost to economic growth but as an investment. Ultimately, attention to climate-related disasters, arguably the most tangible manifestation of global warming, may help mobilize broader climate action. It can also be instrumental in transitioning to a path of low-carbon, green growth, improving disaster resilience, improving natural resource use, and caring for the urban environment. Vinod Thomas proposes that economic growth will become sustainable only if governments, political actors, and local communities combine natural disaster prevention and controlling climate change into national growth strategies. When considering all types of capital, particularly human capital, climate action can drive economic growth, rather than hinder it.
Natural Catastrophes and Man-made Disasters in ...
Author:
Publisher:
Published: 2007
Total Pages: 48
ISBN-13:
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