Features – Page 5
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Features
Taking a united approach
Alex Kiffen reports on a recent round table discussion on how to deal with catastrophe and how to prevent it
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Features
Subsidence: A gradual catastrophe
Subsidence losses have been a hidden catastrophe for the insurance industry. UK buildings insurers have paid out a total of more than €8 billion since 1976, and the cost of claims in France since its inclusion in the Catastrophes Naturelles scheme in 1989 forced the government to increase insurance premium ...
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Converting knowledge into action
Anselm Smolka was one of the few geoscientists in the insurance sector when he joined Munich Re Group. Today he is head of Geo Risks, corporate underwriting for the group. He tells Catastrophe Risk Management about his work. By Lee Coppack
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Features
Why the next big northeast hurricane will surprise
A repeat of the 1938 New England Hurricane could cause losses as large as Hurricane Katrina in 2005. By Karen Clark
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Calculating the risk of terrorism
An investment in basic research on terrorism will be paid back many times, as a better knowledge of threats will make risk calculation more of a science than an art. By Professor Alex Schmid
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Winds of change for agricultural risks
Changing climate and commodity price trends are steering agricultural risk in a new direction. The result is a rethink of exposure, products and product design. By Thomas Heintz
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A geographical understanding of risk
The advent of satellite navigation and the birth of Google Earth, Google Maps and France’s Geoportail have alerted everyone involved in the management of catastrophes to the value of geographical information systems. By François-Xavier Goblet
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Seeing risk: Floods
The 2007 UK summer floods pushed flooding up the agenda for politicians and businesses alike. A year and a half later topographical maps and modelling technologies have improved to give us better tools to manage the risks. By Justin Butler
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Features
Hurricane risk at high resolution
We are using high resolution climate models and supercomputers to assess future hurricane risk to the United States and Caribbean at precision never before seen. By Greg Holland with James Done, Jim Hurrell, David Hosansky and Asuka Suzuki
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Catastrophe risk management using multiple models
While catastrophe models follow a similar overall approach to risk assessment, there can be wide variations in results, leaving users to question which is the most appropriate. By Atul Khanduri
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Features
Solutions not problems
A four pronged approach to supply chain risk management can improve resilience and the value of the insurance programme says Jim Carruthers
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Terror trade
Kidnappers and extortionists use violence as a means to their financial or political ends. They pose a threat to both employees and corporate reputations. Nathan Skinner talks through the problem
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Features
Emerging issues
Nathan Skinner chairs a discussion on the issues that will be important for 2009 and beyond
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Insuring against the downturn
The economic downturn introduces new risks and emphasises old ones. Nathan Skinner investigates what is making companies cautious and how the insurance industry is responding
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Are you breaking the law?
Nathan Skinner addresses the thorny problem of the legality of multinational insurance covers
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ERM in uncertain times
The credit crunch is likely to make life harder for commercial insurance buyers but there are opportunities to create value as well, says Lindsay Cox
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Bombs, bird flu and banana skins
There are many catastrophic events that can cause disruption to business, but more often than not its a disorganised response that causes the most serious problems. Peter Power looks at the key features of a crisis management plan
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Features
Risk engineering
In a competitive environment, preventing loss is vital. Nathan Skinner garners the thoughts of five risk managers on the subject
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Features
Working towards solutions for flood
Since 1980, Europe has suffered 17 catastrophic floods that have done at least $75 billion worth of economic damage in total. Only about 25% of these losses were insured. The devastating and costly events of 2002 and 2007 have spurred searches for better planning, precautions and financial solutions. By Lee ...
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Inland flood models available
Catastrophe Risk Management surveyed the three proprietary modelling companies, AIR Worldwide, EQECAT and Risk Management Solutions (RMS) to discover what European inland flood models are available. By Lee Coppack