All Strategic Risk Global articles in December 2006 Catastrophe Risk
View all stories from this issue.
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Features
From model output to price
Sophisticated methodologies and processes to price catastrophe risk are paramount if reinsurance is to remain a reliable and stable form of capital for clients underwriting in catastrophe exposed area
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Features
A Model of Tenacity
A little over 20 years ago, a young woman, metaphorically clutching her new masters degrees in economics and business administration, went to work in Boston for the US subsidiary of one of Britain's l
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Features
Lloyd's prepares for the worst
If the global insurance industry had a mission statement, it should simply say, 'Be prepared'.
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Features
Sri Lanka in the Shadow of Terrorism
Since 1983, civil war and terrorism have, in the eyes of the international media at least, provided an ever present backdrop to Sri Lankan affairs.
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Features
What role for government?
Frank Nutter, president of the Reinsurance Association of America (RAA), answers some questions from Catastrophe Risk Management about the US market, including proposals for more government involvemen
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AnalysisFlood threat in the United Kingdom
The east coast of England is under threat from rising sea levels, the ABI has warned in a report on the coastal flood risk. Existing flood defences must be improved
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Features
Ten Years of Earthquake - Insurance in Japan
In this article, we look back over the past 10 years in the Japanese insurance industry with the focus on earthquake coverage. We also attempt to make some predictions for the future direction of eart
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Catastrophe Risk
The disasters that failed to happen
Despite dire prognostications during first half of the year, the first 11 months of 2006 at least were comparatively benign in terms of natural and man-made catastrophes. The same may be true of 2007.
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Features
The WoW Factor in Hurricane Damage Mitigation
Wall of wind (WoW) research capability developed by the International Hurricane Research Center in Florida will change standards for building practices and retrofitting technology of existing structur
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Features
Contingency Costs in Fighting Terrorism
The costs of a terrorism incident - both in terms of human suffering and monetary loss - are catastrophic. Thwarting a terrorist attack can also be disruptive and expensive for business.
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AnalysisCatastrophe bonds
Seventeen new cat bonds were issued during the first 11 months of 2006, adding just over $3.5 bn to the property cat capacity provided by the capital markets.
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Catastrophe Risk
Hurricane, typhoon and hail prone areas
The International Hurricane Research Center in Florida has compiled a list of the 10 most hurricane vulnerable areas in the United States, while CDS Business Mapping has issued a list of the top torna
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Features
Staying in business after the storm
For a company in a hurricane prone area, a hurricane emergency plan may mean the difference between being back in operation quickly and going out of business for good.
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Catastrophe Risk
Hurricane season 2006
Despite portentous forecasts by most hurricane research groups, the 2006 Atlantic hurricane season proved more of a damp squib than a raging repeat of 2005. The death toll was limited to 11, and econo
