Calculating Catastrophe

Calculating Catastrophe
Author: Gordon Woo
Publsiher: World Scientific
Total Pages: 368
Release: 2011
ISBN: 1848167385
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Calculating Catastrophe Book Excerpt:

Calculating Catastrophe has been written to explain, to a general readership, the underlying philosophical ideas and scientific principles that govern catastrophic events, both natural and man-made. Knowledge of the broad range of catastrophes deepens understanding of individual modes of disaster. This book will be of interest to anyone aspiring to understand catastrophes better, but will be of particular value to those engaged in public and corporate policy, and the financial markets.The author, Dr. Gordon Woo, was trained in mathematical physics at Cambridge, MIT and Harvard, and has made his career as a calculator of catastrophes. His diverse experience includes consulting for IAEA on the seismic safety of nuclear plants and for BP on offshore oil well drilling. As a catastrophist at Risk Management Solutions, he has advanced the insurance modelling of catastrophes, including designing a model for terrorism risk.

Calculating Catastrophe

Calculating Catastrophe
Author: Gordon Woo
Publsiher: World Scientific
Total Pages: 368
Release: 2011-06-20
ISBN: 1848168934
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Calculating Catastrophe Book Excerpt:

Watch a video interview with Gordon Woo Book Launch of Calculating Catastrophe Calculating Catastrophe has been written to explain, to a general readership, the underlying philosophical ideas and scientific principles that govern catastrophic events, both natural and man-made. Knowledge of the broad range of catastrophes deepens understanding of individual modes of disaster. This book will be of interest to anyone aspiring to understand catastrophes better, but will be of particular value to those engaged in public and corporate policy, and the financial markets. The author, Dr. Gordon Woo, was trained in mathematical physics at Cambridge, MIT and Harvard, and has made his career as a calculator of catastrophes. His diverse experience includes consulting for IAEA on the seismic safety of nuclear plants and for BP on offshore oil well drilling. As a catastrophist at Risk Management Solutions, he has advanced the insurance modelling of catastrophes, including designing a model for terrorism risk. Contents:Natural Hazards:Causation and AssociationExtra-Terrestrial HazardsMeteorological HazardsGeological HazardsGeomorphic HazardsHydrological HazardsSocietal Hazards:Political ViolenceInfectious Disease PandemicsIndustrial and Transportation AccidentsFraud CatastropheA Sense of Scale:Size Scales of Natural HazardsHazard Spatial ScalesThe Human Disaster TollModels of a Fractal WorldA Measure of Uncertainty:The Concept of ProbabilityThe Meaning of UncertaintyAleatory and Epistemic UncertaintyProbability AmbiguityThe Weighing of EvidenceA Matter of Time:Temporal Models of HazardsLong-Term Data RecordsStatistics of ExtremesCatastrophe Complexity:Emergent CatastrophesFinancial CrashesAncillary HazardsTerrorism:A Thinking Man's GameDefeating Terrorist NetworksCounter-RadicalizationForecasting:Earthquake ForecastingVerificationRiver Flows and Sea WavesAccelerating Approach to CriticalityEvidence-Based DiagnosisDisaster Warning:Decision in the BalanceEvacuationThe Wisdom of ExpertsDisaster Scenarios:Scenario SimulationFootprints and VulnerabilityFermi ProblemsCatastrophe Cover:Probable Maximum LossCoherent Risk MeasuresThe Samaritan's DilemmaCatastrophe Risk Securitization:Catastrophe BondsThe Price of InnovationRisk Horizons:Ecological CatastropheClimate ChangeWar and Conflict Resolution Readership: Applied mathematicians, earth and atmospheric scientists, civil engineers, geographers, economists and general public. Keywords:Catastrophe;Calculating;Mathematics;DisasterKey Features:Synoptic assessment of catastrophe events of all typesInter-comparison of different hazardsAttention to quantitative risk management issuesReviews:“Gordon Woo's book The Mathematics of Natural Catastrophes is a modern classic for anyone interested in risk analysis, securitization and emergency response. The publication of this timely update is very welcome, with a wider decision theoretic perspective being maintained throughout. This makes the book more accessible to and more timely for the people who need it most, those on the policy hot seats.”Prof Roger Cooke Chauncey Starr Chair for Risk Analysis Resources for the Future, Washington, DC “With his trademark gift for illustrating key concepts with colorful anecdotes, Dr. Woo has crafted a survey of catastrophe science that is both informative and a pleasure to read.”Prof George Zanjani AAMGA Distinguished Chair in Risk Management and Insurance Georgia State University “It is absolutely excellent and I am thoroughly enjoying it … I am recommending it to everyone I see.”Sir John Beddington Chief Scientific Adviser to HM Government and Head of the Government Office for Science, UK “The book is very accessible — it can be read as light reading, focusing on the examples — or as a deeper introduction to the issues, the mathemtics of the phenomena, and the methodologies which exist for coping with them. It is certainly a book which kept me gripped to the end.”David J Hand Imperial College London, UK “It is absolutely crucial for our students.”Prof Christine Wamsler Lund University, Sweden “Woo has a specialist audience in mind, but running through Calculating Catastrophe is a lesson for novice and initiate alike. This concerns how and why modern societies have such difficulty dealing with the biggest questions they face, from climate change and terrorism to financial crisis. The author — whose business card for the modelling company RMS reads: 'Dr Gordon Woo, Catastrophist' — underlines time and again the uncertainty that always remains in managing risk.”Financial Times “Your excellent book will be a standard reference text in the coming years.”Prof Rohan Gunaratna Head, International Centre for Political Violence and Terrorism Research Nanyang Technological University, Singapore “A fascinating survey of catastrophe science that covers a wide range of natural and man-made risks, in an attempt to provide broader knowledge and deeper understanding about the different risks involved. The author is defined to be 'a catastrophist with Risk Management Solutions', and this volume is an updated version of his earlier book The Mathematics of Natural Catastrophes. The book is full of challenging material that would benefit from being analysed in greater detail within strategic, and/or futures, tools and techniques in order to make its contents more managerially accessible.”Long Range Planning (LRP) “… this is a book for a broad audience about facts and principles. The erudition and literacy of the author are amazing and an intellectual pleasure to read.”The European Mathematical Society “Although the subject matter is dark, this is an optimistic book. Woo believes in the power of mathematics to explain the natural world and even to shine a little light into the darker corners of human affairs.”The Mathematical Intelligencer “Gordon Woo has written a very user-friendly book. He is careful with the unknown risks and uncertainties as well — the error bars.”The Observer

A Reader in Insurance and Reinsurance Metrics

A Reader in Insurance and Reinsurance Metrics
Author: Dietmar Zietsch,Marc von Harpke
Publsiher: VVW GmbH
Total Pages: 152
Release: 2014-07-29
ISBN: 389952828X
Category: Business & Economics
Language: EN, FR, DE, ES & NL

A Reader in Insurance and Reinsurance Metrics Book Excerpt:

Die Arbeit erscheint in englischer Sprache. Insurance metrics, in other words the performance measurement of primary insurers and reinsurers, differs strongly from the measurement in industrial companies as well as in the banking sector. This is due to the "inverted" production cycle, where income is generated before expenses appear. The complexity of insurance metrics has increased considerably within the last twenty years following the requests of stakeholders: International accounting (IFRS), regulatory exigencies (solvency II and other) and models from rating agencies. Within the worldwide stock indices the industry does not represent more than 10% to 15% of the market capitalization. Therefore, insurers and reinsurers are under pressure to explain their metrics to gain the interest of the market. This reader includes nine articles revealing these metrics, ranging from a with general comparison to the credit industry to articles dealing with more complex items like the performance measurement in life insurance and disclosure of contracts under IFRS. The reader is a "must" for the industry, analysts as well as investors, students and young actuaries. Edited by Prof. Dr. Dietmar Zietsch (University Ulm, Germany) and Marc von Harpke (SCOR Germany). Versicherungsmetrik beschreibt die Erfolgsmessung von Erst- und Rückversicherern. Sie unterscheidet sich elementar von jenen der Industrieunternehmen und Banken wegen des spezifischen inversen Produktionszyklus, d.h. des Entfalls der Vorfinanzierung durch das Prinzip der Einnahmen vor Ausgaben. Darüber hinaus hat sich die Komplexität der Versicherungsmetrik in den letzten 20 Jahren durch die Anforderungen diverser Stakeholder stark erhöht: Internationale Bilanzierung (IFRS), regulatorische Anforderungen (Solvency II) und Modelle von Ratingagenturen sind hierbei beispielhaft zu nennen. In den Indices der weltweit größten Börsen repräsentieren Versicherer bis zu 15% der jeweiligen Börsenkapitalisierung. Um vom Markt wahrgenommen und auch adäquat beurteilt zu werden, ist die Darstellung und Erläuterung ihrer Erfolgskomponenten von entscheidender Bedeutung. Der Reader versammelt neun Artikel, um diese Metrik offenzulegen - angefangen von generellen Vergleichen mit der Kreditwirtschaft, bis zu komplexeren Themen wie der Erfolgsmessung in der Lebensversicherung und der Einzelvertragsbetrachtung. Ein "Must-have" für die Branche, Analysten und Investoren, Studenten und junge Aktuare. Herausgegeben von Prof. Dr. Dietmar Zietsch (Universität Ulm) und Marc von Harpke (SCOR Deutschland).

Environmental Management

Environmental Management
Author: M. Sivakumar,R.N. Chowdhury
Publsiher: Elsevier Science Limited
Total Pages: 776
Release: 1998
ISBN: 1928374650XXX
Category: Science
Language: EN, FR, DE, ES & NL

Environmental Management Book Excerpt:

The Second International Conference on Environmental Management (ICEM2) focuses on the engineering management of the water and geo environments and aims to bring together scientists, engineers and other professionals to review as well as to report on the latest developments in the field. This book contains 160 peer reviewed papers covering the following interdisciplinary themes: Sustainable development/environmental management. Water, wastewater and stormwater management. Water quality/sediment transport. Total catchment management. Waste management and industrial waste products. Geotechnology and the environment. Slope stability and landslide management. Natural hazards and management. Mine environmental engineering.

Proceedings of the Casualty Actuarial Society

Proceedings of the Casualty Actuarial Society
Author: Casualty Actuarial Society
Publsiher: Unknown
Total Pages: 135
Release: 1998
ISBN: 1928374650XXX
Category: Casualty insurance
Language: EN, FR, DE, ES & NL

Proceedings of the Casualty Actuarial Society Book Excerpt:

List of members for the years 1914-20 are included in v. 1-7, after which they are continued in the Year book of the society, begun in 1922.

Synonyms Discriminated

Synonyms Discriminated
Author: Charles John Smith
Publsiher: Unknown
Total Pages: 781
Release: 1890
ISBN: 1928374650XXX
Category: English language
Language: EN, FR, DE, ES & NL

Synonyms Discriminated Book Excerpt:

Synonyms Discriminated

Synonyms Discriminated
Author: Henry Percy Smith
Publsiher: Unknown
Total Pages: 800
Release: 1894
ISBN: 1928374650XXX
Category: English language
Language: EN, FR, DE, ES & NL

Synonyms Discriminated Book Excerpt:

Working Paper Series

Working Paper Series
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1997
ISBN: 1928374650XXX
Category: Economics
Language: EN, FR, DE, ES & NL

Working Paper Series Book Excerpt:

Gard news

Gard news
Author: Anonim
Publsiher: Unknown
Total Pages: 376
Release: 1996
ISBN: 1928374650XXX
Category: Marine insurance
Language: EN, FR, DE, ES & NL

Gard news Book Excerpt:

Physica B C

Physica B   C
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1982
ISBN: 1928374650XXX
Category: Condensed matter
Language: EN, FR, DE, ES & NL

Physica B C Book Excerpt:

Part B has subtitle: Low temperature and solid state physics and part C has subtitle: Atomic, molecular and plasma physics; optics

Synonyms Discriminated

Synonyms Discriminated
Author: Charles John Smith
Publsiher: Unknown
Total Pages: 794
Release: 1916
ISBN: 1928374650XXX
Category: English language
Language: EN, FR, DE, ES & NL

Synonyms Discriminated Book Excerpt:

Business Latin America

Business Latin America
Author: Anonim
Publsiher: Unknown
Total Pages: 454
Release: 2000
ISBN: 1928374650XXX
Category: Latin America
Language: EN, FR, DE, ES & NL

Business Latin America Book Excerpt:

Proceedings of the National Association of Insurance Commissioners

Proceedings of the National Association of Insurance Commissioners
Author: National Association of Insurance Commissioners. Meeting
Publsiher: Unknown
Total Pages: 722
Release: 1993
ISBN: 1928374650XXX
Category: Insurance
Language: EN, FR, DE, ES & NL

Proceedings of the National Association of Insurance Commissioners Book Excerpt:

Documenting Calculating and Proving Damages Or Loss in Commercial Litigation

Documenting  Calculating and Proving Damages Or Loss in Commercial Litigation
Author: Insight Press
Publsiher: Unknown
Total Pages: 274
Release: 1996
ISBN: 1928374650XXX
Category: Actions and defenses
Language: EN, FR, DE, ES & NL

Documenting Calculating and Proving Damages Or Loss in Commercial Litigation Book Excerpt:

Caustics Catastrophes and Wave Fields

Caustics  Catastrophes and Wave Fields
Author: I︠U︡riĭ Aleksandrovich Kravt︠s︡ov,I︠U︡riĭ Ilʹich Orlov
Publsiher: Springer Verlag
Total Pages: 232
Release: 1993
ISBN: 1928374650XXX
Category: Science
Language: EN, FR, DE, ES & NL

Caustics Catastrophes and Wave Fields Book Excerpt:

LEAGUE GENERAL INSURANCE COMPANY V MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION MICHIGAN MUTUAL AUTO INSURANCE COMPANY V MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION 435 MICH 338 1990

LEAGUE GENERAL INSURANCE COMPANY V MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION  MICHIGAN MUTUAL AUTO INSURANCE COMPANY V MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION  435 MICH 338  1990
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1990
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

LEAGUE GENERAL INSURANCE COMPANY V MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION MICHIGAN MUTUAL AUTO INSURANCE COMPANY V MICHIGAN CATASTROPHIC CLAIMS ASSOCIATION 435 MICH 338 1990 Book Excerpt:

82417

Molecular Biology of the Cell

Molecular Biology of the Cell
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1998
ISBN: 1928374650XXX
Category: Cells
Language: EN, FR, DE, ES & NL

Molecular Biology of the Cell Book Excerpt:

Meatphysics

Meatphysics
Author: Jake Chapman
Publsiher: Creation Books
Total Pages: 256
Release: 2003
ISBN: 1928374650XXX
Category: Art
Language: EN, FR, DE, ES & NL

Meatphysics Book Excerpt:

Experimental literature, interspersing a sequence of stories and texts in readable English with random text based on the printed results of corrupted computer files.

Study of Workmen s Compensation Insurance Laws and Service

Study of Workmen s Compensation Insurance Laws and Service
Author: Cincinnati (Ohio) Chamber of Commerce and Merchants' Exchange. Impartial Committee on Workmen's Compensation Insurance,Cincinnati Chamber of Commerce. Impartial Committee on Workmen's Compensation Insurance
Publsiher: Unknown
Total Pages: 1042
Release: 1923
ISBN: 1928374650XXX
Category: Employers' liability insurance
Language: EN, FR, DE, ES & NL

Study of Workmen s Compensation Insurance Laws and Service Book Excerpt:

Changes in Water Resources Systems

Changes in Water Resources Systems
Author: Nick van de Giesen,International Association of Hydrological Sciences
Publsiher: International Assn of Hydrological Sciences
Total Pages: 330
Release: 2007
ISBN: 1928374650XXX
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Changes in Water Resources Systems Book Excerpt:

This volume provides a good sample of the many issues that are dealt with in the context of IWRM.