Catastrophe Modeling A New Approach to Managing Risk

Name: Catastrophe Modeling A New Approach to Managing Risk
Price: 143.4 USD
Availability: InStock
ISBN: 9780387230825

ISBN-10: 0387230823

ISBN-13: 9780387230825

Edition: 2005

Authors: Patricia Grossi, Howard Kunreuther, Chandu C. Patel

List price: $249.99

30 day, 100% satisfaction guarantee!

Rent eBooks

120 day rental: $143.40 Expiration date: 8/22/2024

Marketplace

1 new & used from $223.90

what's this?

Rush Rewards U
Members Receive:

You have reached 400 XP and carrot coins. That is the daily max!

Description:

"Catastrophe Modeling: A New Approach to Managing Risk" is the first book that systematically analyzes how catastrophe models can be used for assessing and managing risks of extreme events. It focuses on natural disaster risk, but also discusses the management of terrorism risk. A unique feature of this book is the involvement of three leading catastrophe modeling firms, AIR Worldwide, EQECAT, and Risk Management Solutions, who examine the role of catastrophe modeling in rate setting, portfolio management and risk financing. Using data from three model cities (Oakland, CA, Long Beach, CA and Miami/Dade County, FLA), experts from the Wharton School of the University of Pennsylvania examine…

Book details

List price: $249.99
Copyright year: 2005
Publisher: Springer
Publication date: 12/17/2004
Binding: Hardcover
Pages: 252
Size: 6.10" wide x 9.25" long x 0.75" tall
Weight: 1.364
Language: English

Howard C. Kunreuther is Cecilia Yen Koo Professor of Decision Sciences and Public Policy at the Wharton School, University of Pennsylvania and Codirector of the Wharton Risk Management and Decision Processes Center. He is Co-Chair of the World Economic Forum's Global Agenda Council on Innovation and Leadership in Reducing Risks from Natural Disasters.



Preface and Acknowledgements


Prelude



Framework for Risk Management Using Catastrophe Models


Introduction: Needs, Stakeholders, and Government Initiatives


An Introduction to Catastrophe Models and Insurance



Natural Hazard Risk Assessment


The Risk Assessment Process: The Role of Catastrophe Modeling in Dealing with Natural Hazards


Sources, Nature, and Impact of Uncertainties on Catastrophe Modeling



Linking Risk Assessment With Insurance: Use of Catastrophe Models in Insurance Rate Making


Insurance Portfolio Management


Risk Financing



Risk Management Strategies Using Catastrophe Models


The Impact of Mitigation on Homeowners and Insurers: An Analysis of Model Cities


The Impact of Risk Transfer Instruments: An Analysis of Model Cities


Extending Catastrophe Modeling To Terrorism


Glossary


Index